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

Butler National (BUKS) reported Operating Expenses of $17.7 million for Q1 2026, up 3.07% year-over-year from $17.1 million in Q1 2025, and up 9.28% quarter-over-quarter from $16.2 million in Q4 2025.

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

Butler National (BUKS) has 16 years of Operating Expenses data on file, last reported at $17.7 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $17.7 million, up 3.07% year-over-year; the trailing twelve-month figure through Jan 2026 was $66.5 million (down 2.01% YoY), and the FY2025 annual result was $67.1 million, up 3.08% from the prior year.
  • Operating Expenses rose to $17.7 million in Q1 2026 per BUKS's latest filing, from $16.2 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $20.4 million in Q2 2023 and troughed at $13.7 million in Q3 2022.
  • A 5-year average of $16.4 million and a median of $16.2 million in 2024 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses jumped 40.6% in 2023, then retreated 12.35% in 2024.
  • 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.
  • Business Quant data shows BUKS's Operating Expenses at $17.7 million in Q1 2026, $16.2 million in Q4 2025, and $15.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43 1.85 Mn
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn 10.18 Bn
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn 19.59 Bn
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn 2.10 Bn
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn -
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn 120.00 Mn
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn 12.06 Bn
8 Embraer 95.73 Bn 93.11 Bn - -
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn 8.89 Bn
10 Butler National - - 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