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% on a QoQ basis from $16.2 million in Q4 2025.
Butler National (BUKS) has 16 years of Operating Expenses data on file, last reported at $17.7 million in Q1 2026.
- Quarterly Operating Expenses rose 3.07% year-over-year to $17.7 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $66.5 million (down 2.01% YoY) and the FY2025 annual result came in at $67.1 million, up 3.08% from the prior year.
- Operating Expenses grew to $17.7 million in Q1 2026 per BUKS's latest filing, from $16.2 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.
- The 5-year median for Operating Expenses is $16.2 million (2024), against an average of $16.4 million.
- The widest annual swing landed in 2023, when Operating Expenses surged 40.6%; it then declined 12.35% in 2024.
- Tracing BUKS's Operating Expenses over 5 years: stood at $15.3 million in 2022, then increased by 4.44% to $16.0 million in 2023, then rose by 3.14% to $16.5 million in 2024, then slipped by 2.01% to $16.2 million in 2025, then rose by 9.28% to $17.7 million in 2026.
- Per Business Quant, the three latest BUKS Operating Expenses figures stand at $17.7 million (Q1 2026), $16.2 million (Q4 2025), and $15.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 316.77 Bn | 306.03 Bn | 9.11 Bn | 10.18 Bn |
| 2 | Rtx | 238.61 Bn | 233.51 Bn | 9.08 Bn | 19.59 Bn |
| 3 | Boeing | 172.59 Bn | 151.68 Bn | 2.55 Bn | 2.10 Bn |
| 4 | Lockheed Martin | 122.59 Bn | 120.70 Bn | 2.08 Bn | - |
| 5 | Howmet Aerospace | 102.88 Bn | 100.44 Bn | 854.00 Mn | 120.00 Mn |
| 6 | General Dynamics | 92.64 Bn | 88.99 Bn | 9.09 Bn | 12.06 Bn |
| 7 | Rocket Lab | 82.19 Bn | 80.92 Bn | 76.49 Mn | 132.46 Mn |
| 8 | Northrop Grumman | 78.95 Bn | 76.86 Bn | 3.45 Bn | 8.89 Bn |
| 9 | TransDigm | 70.63 Bn | 66.75 Bn | 1.51 Bn | 273.00 Mn |
| 10 | Butler National | - | - | 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 |
| Oct 31, 2020 | 14.29 Mn |
| Jul 31, 2020 | 12.86 Mn |
| Apr 30, 2020 | 13.91 Mn |
| Jan 31, 2020 | 13.91 Mn |
| Oct 31, 2019 | 15.21 Mn |
| Jul 31, 2019 | 13.50 Mn |
| Apr 30, 2019 | 14.97 Mn |
| Jan 31, 2019 | 12.48 Mn |
| Oct 31, 2018 | 13.48 Mn |
| Apr 30, 2018 | 13.72 Mn |
| Jan 31, 2018 | 10.57 Mn |
| Oct 31, 2017 | 10.84 Mn |
| Jul 31, 2017 | 11.00 Mn |
| Apr 30, 2017 | 13.62 Mn |
| Jan 31, 2017 | 11.17 Mn |
| Oct 31, 2016 | 11.65 Mn |
| Jul 31, 2016 | 10.68 Mn |
| Apr 30, 2016 | 11.51 Mn |
| Jan 31, 2016 | 10.63 Mn |
| Oct 31, 2015 | 10.71 Mn |
| Jul 31, 2015 | 11.34 Mn |
| Apr 30, 2015 | 12.23 Mn |
| Jan 31, 2015 | 10.55 Mn |
| Oct 31, 2014 | 11.39 Mn |
| Jul 31, 2014 | 11.59 Mn |
| Apr 30, 2014 | 12.67 Mn |
| Jan 31, 2014 | 10.83 Mn |
| Oct 31, 2013 | 11.00 Mn |
| Jul 31, 2013 | 10.85 Mn |
| Apr 30, 2013 | 11.11 Mn |
| Jan 31, 2013 | 11.52 Mn |
| Oct 31, 2012 | 12.84 Mn |
| Jul 31, 2012 | 12.18 Mn |
| Apr 30, 2012 | 10.83 Mn |
| Jan 31, 2012 | 12.17 Mn |
| Oct 31, 2011 | 12.76 Mn |
| Jul 31, 2011 | 11.47 Mn |