Graham (GHM) Operating Expenses (2010 - 2025)

Graham has reported Operating Expenses for 16 years, with the latest figure at $10.1 million in Q4 2025.

• For the quarter ending Q4 2025, Operating Expenses rose 9.38% year-over-year to $10.1 million; the trailing twelve-month figure through Dec 2025 stood at $39.6 million (up 5.77% YoY), and the FY2025 full-year result was $37.1 million, up 15.29% from the prior year.
• Operating Expenses for Q4 2025 stood at $10.1 million, up from $9.8 million in the prior quarter.
• The five-year high for Operating Expenses was $10.7 million in Q1 2024, with the low at $4.4 million in Q1 2021.
• Historically, Operating Expenses has averaged $7.3 million across 5 years, with a median of $7.1 million in 2023.
• Annual changes were most pronounced in 2021 — Operating Expenses retreated 4.19% — and 2023, when it jumped 59.52%.
• Graham's Operating Expenses stood at $4.7 million in 2021, then advanced by 11.74% to $5.3 million in 2022, then surged by 59.52% to $8.4 million in 2023, then climbed by 9.86% to $9.3 million in 2024, then climbed by 9.38% to $10.1 million in 2025.
• The last three Operating Expenses figures came in at $10.1 million (Q4 2025), $9.8 million (Q3 2025), and $9.4 million (Q2 2025), per Business Quant data.