It Tech Packaging (ITP) Operating Expenses (2010 - 2025)
It Tech Packaging (ITP) posted quarterly Operating Expenses of $3.0 million for Q3 2025, down 10.74% year-over-year from $3.4 million in Q3 2024, and down 0.61% quarter-over-quarter from $3.0 million in Q2 2025.
It Tech Packaging (ITP) Operating Expenses (2010 - 2025) Analysis & Trends
It Tech Packaging (ITP) has reported Operating Expenses for 16 consecutive years, with $3.0 million the latest figure, recorded in Q3 2025.
- In Q3 2025, Operating Expenses fell 10.74% year-over-year to $3.0 million; the TTM figure through Sep 2025 stood at $14.3 million (up 10.79% YoY), while the FY2024 annual figure was $14.8 million, up 63.08% from the prior year.
- Operating Expenses fell to $3.0 million in Q3 2025 per ITP's latest filing, from $3.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $4.8 million in Q4 2024 and bottomed at $1.3 million in Q2 2023.
- Historically, Operating Expenses has averaged $2.8 million across 5 years, with a median of $2.7 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses sank 36.39% — and 2024, when it surged 105.35%.
- It Tech Packaging's Operating Expenses stood at $2.4 million in 2021, then slumped by 36.39% to $1.5 million in 2022, then jumped by 92.55% to $2.9 million in 2023, then surged by 64.28% to $4.8 million in 2024, then plunged by 37.12% to $3.0 million in 2025.
- Business Quant data shows ITP's Operating Expenses at $3.0 million in Q3 2025, $3.0 million in Q2 2025, and $3.5 million in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Suzano | 10.85 Bn | 5.66 Bn | 558.88 Mn | 109.98 Mn |
| 2 | Sylvamo | 1.47 Bn | 1.28 Bn | 132.00 Mn | 102.00 Mn |
| 3 | Clearwater Paper | 349.45 Mn | 254.05 Mn | -10.40 Mn | 398.70 Mn |
| 4 | Mercer International | 28.48 Mn | -55.29 Mn | 10.48 Mn | 31.55 Mn |
| 5 | It Tech Packaging | 2.43 Mn | -7.34 Mn | 2.02 Mn | 3.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 3.02 Mn |
| Jun 30, 2025 | 3.04 Mn |
| Mar 31, 2025 | 3.46 Mn |
| Dec 31, 2024 | 4.80 Mn |
| Sep 30, 2024 | 3.38 Mn |
| Jun 30, 2024 | 2.72 Mn |
| Mar 31, 2024 | 3.90 Mn |
| Dec 31, 2023 | 2.92 Mn |
| Sep 30, 2023 | 2.33 Mn |
| Jun 30, 2023 | 1.32 Mn |
| Mar 31, 2023 | 2.50 Mn |
| Dec 31, 2022 | 1.52 Mn |
| Sep 30, 2022 | 3.37 Mn |
| Jun 30, 2022 | 1.87 Mn |
| Mar 31, 2022 | 3.30 Mn |
| Dec 31, 2021 | 2.39 Mn |
| Sep 30, 2021 | 2.02 Mn |
| Jun 30, 2021 | 2.60 Mn |
| Mar 31, 2021 | 2.56 Mn |
| Dec 31, 2020 | 2.71 Mn |