Butler National (BUKS) Operating Expenses (2011 - 2026)
Butler National (BUKS) posted quarterly Operating Expenses of $20.2 million for Q2 2026, up 17.52% year-over-year from $17.2 million in Q2 2025, and up 14.33% quarter-over-quarter from $17.7 million in Q1 2026.
Butler National (BUKS) Operating Expenses (2011 - 2026) Analysis & Trends
Butler National (BUKS) has reported Operating Expenses for 16 consecutive years, with $20.2 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Expenses rose 17.52% year-over-year to $20.2 million; the TTM figure through Apr 2026 stood at $69.5 million (up 3.54% YoY), while the FY2026 annual figure was $69.5 million, up 3.53% from the prior year.
- Operating Expenses advanced to $20.2 million in Q2 2026 per BUKS's latest filing, from $17.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at $20.4 million in Q2 2023 and bottomed at $13.7 million in Q3 2022.
- Historically, Operating Expenses has averaged $16.6 million across 5 years, with a median of $16.3 million in 2024.
- Annual changes were most pronounced in 2023 — Operating Expenses jumped 40.6% — and 2024, when it retreated 12.35%.
- Butler National's Operating Expenses stood at $15.3 million in 2022, then advanced by 4.44% to $16.0 million in 2023, then climbed by 3.14% to $16.5 million in 2024, then fell by 2.01% to $16.2 million in 2025, then climbed by 24.94% to $20.2 million in 2026.
- Business Quant data shows BUKS's Operating Expenses at $20.2 million in Q2 2026, $17.7 million in Q1 2026, and $16.2 million in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 362.92 Bn | 353.58 Bn | 6.95 Bn | 10.86 Bn |
| 2 | Rtx | 284.24 Bn | 275.94 Bn | 9.91 Bn | 21.96 Bn |
| 3 | Boeing | 169.32 Bn | 149.30 Bn | 2.41 Bn | 2.35 Bn |
| 4 | Lockheed Martin | 129.93 Bn | 126.14 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 108.64 Bn | 108.07 Bn | 951.00 Mn | 156.00 Mn |
| 6 | General Dynamics | 103.62 Bn | 99.29 Bn | 6.76 Bn | 12.63 Bn |
| 7 | Northrop Grumman | 78.44 Bn | 76.14 Bn | 3.72 Bn | 9.78 Bn |
| 8 | TransDigm | 69.14 Bn | 66.37 Bn | 1.63 Bn | 332.00 Mn |
| 9 | Axon Enterprise | 50.64 Bn | 49.97 Bn | 546.45 Mn | 499.67 Mn |
| 10 | Butler National | 269.61 Mn | 234.48 Mn | 18.22 Mn | 20.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 20.21 Mn |
| 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 |