It Tech Packaging (ITP) Operating Expenses (2010 - 2025)
It Tech Packaging's (ITP) quarterly Operating Expenses came in at $3.0 million in 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.
Analysis
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.
- On a quarterly basis, Operating Expenses fell 10.74% year-over-year to $3.0 million in Q3 2025; TTM through Sep 2025 was $14.3 million, a 10.79% increase from a year earlier, with the FY2024 full-year figure at $14.8 million, up 63.08% from the prior year.
- Operating Expenses was $3.0 million for Q3 2025 at It Tech Packaging, down from $3.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $4.8 million in Q4 2024 and troughed at $1.3 million in Q2 2023.
- A 5-year average of $2.8 million and a median of $2.7 million in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses slumped 36.39% in 2022 and jumped 105.35% in 2024, its largest moves.
- Over 5 years, Operating Expenses stood at $2.4 million in 2021, then slumped by 36.39% to $1.5 million in 2022, then surged by 92.55% to $2.9 million in 2023, then soared by 64.28% to $4.8 million in 2024, then plunged by 37.12% to $3.0 million in 2025.
- The last three Operating Expenses figures came in at $3.0 million (Q3 2025), $3.0 million (Q2 2025), and $3.5 million (Q1 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | International Paper | 51.92 Bn | 51.20 Bn | 1.66 Bn | 991.00 Mn |
| 2 | Smurfit Westrock | 22.12 Bn | 21.44 Bn | 1.40 Bn | 1.09 Bn |
| 3 | Packaging Corp Of America | 20.62 Bn | 20.03 Bn | 512.50 Mn | 179.30 Mn |
| 4 | Sonoco Products | 4.82 Bn | 4.65 Bn | 392.38 Mn | 202.18 Mn |
| 5 | Graphic Packaging Holding | 2.79 Bn | 2.58 Bn | 292.00 Mn | 186.00 Mn |
| 6 | Ranpak Holdings | 341.67 Mn | 298.47 Mn | 34.50 Mn | 36.20 Mn |
| 7 | Clearwater Paper | 317.20 Mn | 221.80 Mn | -10.40 Mn | 398.70 Mn |
| 8 | Millennium Group International Holdings | 17.10 Mn | 10.24 Mn | - | - |
| 9 | Dss | 7.79 Mn | 2.64 Mn | - | 7.39 Mn |
| 10 | It Tech Packaging | 2.21 Mn | -7.55 Mn | 2.02 Mn | 3.02 Mn |
Historic Data
Download Data
Historic 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 |