Birchtech (BCHT) Operating Expenses (2010 - 2026)
Birchtech's (BCHT) quarterly Operating Expenses came in at $2.5 million in Q1 2026, down 1.76% year-on-year from $2.6 million in Q1 2025, and up 2.11% quarter-over-quarter from $2.5 million in Q4 2025.
Birchtech (BCHT) Operating Expenses (2010 - 2026) Analysis & Trends
Birchtech has disclosed Operating Expenses across 17 years of filings, most recently posting $2.5 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $2.5 million, down 1.76% year-over-year; the trailing twelve-month figure through Mar 2026 was $10.4 million (down 21.96% YoY), and the FY2025 annual result was $10.4 million, down 26.84% from the prior year.
- Operating Expenses came in at $2.5 million for Q1 2026 at Birchtech, up from $2.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $20.6 million in Q4 2023 to a low of -$10.8 million in Q4 2022.
- The 5-year median for Operating Expenses is $2.6 million (2025), against an average of $2.6 million.
- Across the five-year window, Operating Expenses tumbled 372.74% in 2022 and surged 362.93% in 2024, its largest moves.
- Birchtech's Operating Expenses stood at -$10.8 million in 2022, then surged by 291.06% to $20.6 million in 2023, then sank by 83.5% to $3.4 million in 2024, then declined by 26.98% to $2.5 million in 2025, then increased by 2.11% to $2.5 million in 2026.
- The last three Operating Expenses figures came in at $2.5 million (Q1 2026), $2.5 million (Q4 2025), and $3.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Aduro Clean Technologies | 856.39 Bn | 856.36 Bn | - | 3.04 Mn |
| 2 | Veralto | 20.76 Bn | 19.33 Bn | 854.00 Mn | 516.00 Mn |
| 3 | Zurn Elkay Water Solutions | 8.35 Bn | 8.08 Bn | 205.80 Mn | 109.10 Mn |
| 4 | Federal Signal | 7.20 Bn | 7.13 Bn | 179.40 Mn | 72.00 Mn |
| 5 | Ceco Environmental | 3.52 Bn | 3.48 Bn | 63.92 Mn | 56.37 Mn |
| 6 | PureCycle Technologies | 1.57 Bn | 1.47 Bn | - | 31.39 Mn |
| 7 | Energy Recovery | 497.64 Mn | 411.49 Mn | 2.70 Mn | 17.56 Mn |
| 8 | CleanCore Solutions | 210.18 Mn | 193.13 Mn | -419,259.00 | 18.56 Mn |
| 9 | Arq | 118.94 Mn | 114.26 Mn | 9.94 Mn | 10.92 Mn |
| 10 | Birchtech | - | - | 1.38 Mn | 2.53 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.53 Mn |
| Dec 31, 2025 | 2.48 Mn |
| Sep 30, 2025 | 3.22 Mn |
| Jun 30, 2025 | 2.15 Mn |
| Mar 31, 2025 | 2.58 Mn |
| Dec 31, 2024 | 3.40 Mn |
| Sep 30, 2024 | 2.70 Mn |
| Jun 30, 2024 | 4.63 Mn |
| Mar 31, 2024 | -3.53 Mn |
| Dec 31, 2023 | 20.59 Mn |
| Sep 30, 2023 | -2.46 Mn |
| Jun 30, 2023 | -1.76 Mn |
| Mar 31, 2023 | 1.92 Mn |
| Dec 31, 2022 | -10.77 Mn |
| Sep 30, 2022 | 6.92 Mn |
| Jun 30, 2022 | 5.49 Mn |
| Mar 31, 2022 | 4.48 Mn |
| Dec 31, 2021 | 3.95 Mn |
| Sep 30, 2021 | 5.23 Mn |
| Jun 30, 2021 | 4.00 Mn |