Artificial Intelligence Technology Solutions (AITX) Operating Expenses (2011 - 2026)

Artificial Intelligence Technology Solutions (AITX) posted quarterly Operating Expenses of $3.9 million for Q2 2026, down 11.76% year-over-year from $4.4 million in Q2 2025, and down 28.94% quarter-over-quarter from $5.5 million in Q1 2026.

Artificial Intelligence Technology Solutions (AITX) Operating Expenses (2011 - 2026) Analysis & Trends

Artificial Intelligence Technology Solutions' Operating Expenses history runs 11 years deep, the most recent figure standing at $3.9 million for Q2 2026.

  • In Q2 2026, Operating Expenses fell 11.76% year-over-year to $3.9 million; the TTM figure through May 2026 stood at $17.0 million (down 8.75% YoY), while the FY2026 annual figure was $17.5 million, down 1.21% from the prior year.
  • Operating Expenses for Q2 2026 stood at $3.9 million, down from $5.5 million in the prior quarter.
  • The five-year high for Operating Expenses was $7.1 million in Q1 2025, with the low at $2.7 million in Q4 2023.
  • The 5-year median for Operating Expenses is $3.6 million (2022), against an average of $3.9 million.
  • Peak annual rise in Operating Expenses reached 179.15% in 2022, while the deepest fall reached 39.61% in 2022.
  • Artificial Intelligence Technology Solutions' Operating Expenses stood at $3.1 million in 2022, then decreased by 11.61% to $2.7 million in 2023, then increased by 27.25% to $3.5 million in 2024, then rose by 13.09% to $3.9 million in 2025, then dropped by 0.99% to $3.9 million in 2026.
  • Business Quant data shows AITX's Operating Expenses at $3.9 million in Q2 2026, $5.5 million in Q1 2026, and $3.9 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sunbelt Rentals Holdings 33.71 Bn 33.68 Bn 978.00 Mn 453.00 Mn
2 AerCap Holdings 23.43 Bn 23.43 Bn 2.02 Bn 1.37 Bn
3 U-Haul Holding 14.44 Bn 14.44 Bn - -
4 Ryder System 10.05 Bn 10.05 Bn 1.45 Bn 3.16 Bn
5 Gatx 6.35 Bn 6.35 Bn 555.30 Mn 419.70 Mn
6 Herc Holdings 5.77 Bn 5.72 Bn 713.00 Mn 158.00 Mn
7 Avis Budget 5.02 Bn 4.46 Bn - 2.93 Bn
8 WillScot Holdings 4.22 Bn 4.21 Bn 306.26 Mn 165.71 Mn
9 Mcgrath Rentcorp 2.95 Bn 2.95 Bn 107.91 Mn 56.44 Mn
10 Artificial Intelligence Technology Solutions 2.28 Mn 2.19 Mn 1.18 Mn 3.89 Mn

Historic Data

Download Data
DateValue
May 31, 2026 3.89 Mn
Feb 28, 2026 5.48 Mn
Nov 30, 2025 3.93 Mn
Aug 31, 2025 3.65 Mn
May 31, 2025 4.41 Mn
Feb 28, 2025 7.08 Mn
Nov 30, 2024 3.48 Mn
Aug 31, 2024 3.61 Mn
May 31, 2024 3.52 Mn
Feb 29, 2024 5.45 Mn
Nov 30, 2023 2.73 Mn
Aug 31, 2023 3.23 Mn
May 31, 2023 3.32 Mn
Feb 28, 2023 3.25 Mn
Nov 30, 2022 3.09 Mn
Aug 31, 2022 3.41 Mn
May 31, 2022 3.59 Mn
Feb 28, 2022 3.24 Mn
Nov 30, 2021 5.12 Mn
Aug 31, 2021 3.38 Mn