Smartbird (BIRD) Operating Expenses (2020 - 2026)
Smartbird (BIRD) posted quarterly Operating Expenses of $28.2 million for Q1 2026, down 24.21% year-over-year from $37.2 million in Q1 2025, and down 26.66% quarter-over-quarter from $38.5 million in Q4 2025.
Smartbird (BIRD) Operating Expenses (2020 - 2026) Analysis & Trends
Smartbird (BIRD) has reported Operating Expenses for 7 consecutive years, with $28.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 24.21% year-over-year to $28.2 million; the TTM figure through Mar 2026 stood at $133.5 million (down 20.34% YoY), while the FY2025 annual figure was $142.5 million, down 20.21% from the prior year.
- Operating Expenses slipped to $28.2 million in Q1 2026 per BIRD's latest filing, from $38.5 million in the prior quarter.
- Across five years, Operating Expenses topped out at $85.0 million in Q4 2023 and bottomed at $28.2 million in Q1 2026.
- Historically, Operating Expenses has averaged $49.2 million across 5 years, with a median of $48.3 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 45.04% — and 2024, when it slumped 49.13%.
- Smartbird's Operating Expenses stood at $61.8 million in 2022, then surged by 37.64% to $85.0 million in 2023, then sank by 49.13% to $43.2 million in 2024, then slipped by 11.04% to $38.5 million in 2025, then decreased by 26.66% to $28.2 million in 2026.
- Business Quant data shows BIRD's Operating Expenses at $28.2 million in Q1 2026, $38.5 million in Q4 2025, and $34.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 155.75 Bn | 150.17 Bn | 4.48 Bn | 2.79 Bn |
| 2 | Ross Stores | 76.04 Bn | 71.91 Bn | 1.78 Bn | 975.86 Mn |
| 3 | Burlington Stores | 20.64 Bn | 19.89 Bn | 1.26 Bn | 2.71 Bn |
| 4 | Lululemon Athletica | 13.99 Bn | 12.48 Bn | 1.34 Bn | 1.06 Bn |
| 5 | Gap | 7.37 Bn | 4.81 Bn | 1.42 Bn | 972.00 Mn |
| 6 | Victoria's Secret | 7.00 Bn | 6.79 Bn | 585.00 Mn | 509.00 Mn |
| 7 | Urban Outfitters | 6.58 Bn | 6.17 Bn | 542.57 Mn | 402.89 Mn |
| 8 | Boot Barn Holdings | 5.06 Bn | 4.92 Bn | - | - |
| 9 | Abercrombie & Fitch | 4.88 Bn | 4.26 Bn | 682.63 Mn | 182.75 Mn |
| 10 | Smartbird | 20.53 Mn | 6.13 Mn | 6.21 Mn | 28.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 28.22 Mn |
| Dec 31, 2025 | 38.48 Mn |
| Sep 30, 2025 | 34.13 Mn |
| Jun 30, 2025 | 32.68 Mn |
| Mar 31, 2025 | 37.23 Mn |
| Dec 31, 2024 | 43.25 Mn |
| Sep 30, 2024 | 40.86 Mn |
| Jun 30, 2024 | 46.25 Mn |
| Mar 31, 2024 | 48.27 Mn |
| Dec 31, 2023 | 85.01 Mn |
| Sep 30, 2023 | 54.96 Mn |
| Jun 30, 2023 | 59.77 Mn |
| Mar 31, 2023 | 57.50 Mn |
| Dec 31, 2022 | 61.77 Mn |
| Sep 30, 2022 | 58.05 Mn |
| Jun 30, 2022 | 57.52 Mn |
| Mar 31, 2022 | 52.58 Mn |
| Dec 31, 2021 | 55.18 Mn |
| Sep 30, 2021 | 45.81 Mn |
| Jun 30, 2021 | 42.29 Mn |