Smartbird (BIRD) Operating Expenses (2020 - 2026)
Smartbird's (BIRD) quarterly Operating Expenses came in at $28.2 million in Q1 2026, down 24.21% year-on-year from $37.2 million in Q1 2025, and down 26.66% on a QoQ basis from $38.5 million in Q4 2025.
Smartbird (BIRD) Operating Expenses (2020 - 2026) Analysis & Trends
Smartbird (BIRD) has 7 years of Operating Expenses data on file, last reported at $28.2 million in Q1 2026.
- On a quarterly basis, Operating Expenses fell 24.21% year-over-year to $28.2 million in Q1 2026; TTM through Mar 2026 was $133.5 million, a 20.34% decrease from a year earlier, with the FY2025 full-year figure at $142.5 million, down 20.21% from the prior year.
- Operating Expenses for Q1 2026 stood at $28.2 million, down from $38.5 million in the prior quarter.
- Over the last five years, Operating Expenses for BIRD reached as high as $85.0 million in Q4 2023 and fell as low as $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.
- Across the five-year window, Operating Expenses soared 45.04% in 2022 and plunged 49.13% in 2024, its largest moves.
- Year by year, Operating Expenses stood at $61.8 million in 2022, then jumped by 37.64% to $85.0 million in 2023, then sank by 49.13% to $43.2 million in 2024, then declined by 11.04% to $38.5 million in 2025, then dropped by 26.66% to $28.2 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $28.2 million in Q1 2026, $38.5 million in Q4 2025, and $34.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 169.48 Bn | 163.90 Bn | 4.48 Bn | 2.79 Bn |
| 2 | Ross Stores | 74.91 Bn | 70.31 Bn | 1.80 Bn | 990.10 Mn |
| 3 | Burlington Stores | 21.30 Bn | 20.55 Bn | 1.26 Bn | 2.71 Bn |
| 4 | Lululemon Athletica | 12.32 Bn | 10.51 Bn | 2.00 Bn | 1.18 Bn |
| 5 | Gap | 6.81 Bn | 4.25 Bn | 1.42 Bn | 972.00 Mn |
| 6 | Victoria's Secret | 6.71 Bn | 6.55 Bn | 585.00 Mn | 403.00 Mn |
| 7 | Urban Outfitters | 5.96 Bn | 5.55 Bn | 542.57 Mn | 402.89 Mn |
| 8 | Boot Barn Holdings | 4.50 Bn | 4.30 Bn | 281.24 Mn | 295.14 Mn |
| 9 | Abercrombie & Fitch | 4.04 Bn | 3.43 Bn | 682.63 Mn | 182.75 Mn |
| 10 | Smartbird | 22.37 Mn | 7.97 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 |