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| Date | Value |
|---|---|
| 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 |