Butler National (BUKS) Operating Expenses (2011 - 2026)

Butler National (BUKS) posted quarterly Operating Expenses of $17.7 million for Q1 2026, up 3.07% YoY from $17.1 million in Q1 2025, and up 9.28% sequentially from $16.2 million in Q4 2025.

Butler National (BUKS) Operating Expenses (2011 - 2026) Analysis & Trends

Butler National has disclosed Operating Expenses across 16 years of filings, most recently posting $17.7 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 3.07% year-over-year to $17.7 million; the TTM figure through Jan 2026 stood at $66.5 million (down 2.01% YoY), while the FY2025 annual figure was $67.1 million, up 3.08% from the prior year.
  • Operating Expenses advanced to $17.7 million in Q1 2026, from $16.2 million in the prior quarter.
  • Over the last five years, Operating Expenses for BUKS reached as high as $20.4 million in Q2 2023 and fell as low as $13.7 million in Q3 2022.
  • The 5-year median for Operating Expenses is $16.2 million (2024), against an average of $16.4 million.
  • Annual changes were most pronounced in 2023 — Operating Expenses jumped 40.6% — and 2024, when it retreated 12.35%.
  • A 5-year view of Operating Expenses shows it stood at $15.3 million in 2022, then gained by 4.44% to $16.0 million in 2023, then advanced by 3.14% to $16.5 million in 2024, then declined by 2.01% to $16.2 million in 2025, then advanced by 9.28% to $17.7 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $17.7 million, $16.2 million, and $15.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn 2.10 Bn
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn 19.59 Bn
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn 12.06 Bn
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn -
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn 120.00 Mn
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn 273.00 Mn
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn 8.89 Bn
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn 132.46 Mn
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn 750.00 Mn
10 Butler National 269.77 Mn 233.28 Mn 18.35 Mn 17.68 Mn

Historic Data

Download Data
DateValue
Jan 31, 2026 17.68 Mn
Oct 31, 2025 16.17 Mn
Jul 31, 2025 15.46 Mn
Apr 30, 2025 17.19 Mn
Jan 31, 2025 17.15 Mn
Oct 31, 2024 16.51 Mn
Jul 31, 2024 16.29 Mn
Apr 30, 2024 17.92 Mn
Jan 31, 2024 15.17 Mn
Oct 31, 2023 16.00 Mn
Jul 31, 2023 16.05 Mn
Apr 30, 2023 20.45 Mn
Jan 31, 2023 17.08 Mn
Oct 31, 2022 15.32 Mn
Jul 31, 2022 13.68 Mn
Apr 30, 2022 14.54 Mn
Oct 31, 2021 13.91 Mn
Jul 31, 2021 13.72 Mn
Apr 30, 2021 15.69 Mn
Jan 31, 2021 12.74 Mn