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
DateValue
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