Kaival Brands Innovations (KAVL) Accumulated Expenses (2019 - 2026)
Kaival Brands Innovations' Accumulated Expenses came in at $105,000 for fiscal Q3 2026 (quarter ended Jul 31, 2026), down 73.3% from $392,563 a year earlier but up 40.0% from the prior quarter.
Kaival Brands Innovations (KAVL) Accumulated Expenses (2019 - 2026) Analysis & Trends
At the end of FY2025 (ended Oct 31, 2025), Kaival Brands Innovations' Accumulated Expenses was $170,000, down 81.6% from FY2024.
- Accumulated Expenses carries a five-year compound annual growth rate of -30.7% (FY2020 to FY2025).
- Going back by fiscal year, Accumulated Expenses was $925,601 in FY2024 (+25.7%), $736,194 in FY2023 (-33.0%), $1.1 million in FY2022 (+89.6%) and $579,604 in FY2021 (-45.4%).
- The five-year range for quarterly Accumulated Expenses is $45,000 (fiscal Q1 2026) to $1.1 million (fiscal Q4 2022).
- Year-over-year, Accumulated Expenses has declined for five consecutive quarters, with an average decline of 46.8% over the last eight quarters.
- The fastest year-over-year change in Accumulated Expenses over five years came in fiscal Q4 2022 (growth of 89.6%), and the weakest in fiscal Q1 2026 (a decline of 90.7%).
- Business Quant data shows KAVL's Accumulated Expenses at $75,000 (Q2 2026), $45,000 (Q1 2026) and $170,000 (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 310.95 Bn | 289.94 Bn | 7.85 Bn |
| 2 | British American Tobacco p.l.c | 137.57 Bn | 114.22 Bn | - |
| 3 | Altria | 124.10 Bn | 110.30 Bn | 3.82 Bn |
| 4 | RLX Technology | 2.51 Bn | -1.24 Bn | 52.74 Mn |
| 5 | Verano Holdings | 2.17 Bn | 1.84 Bn | 99.70 Mn |
| 6 | Curaleaf Holdings | 2.09 Bn | 1.70 Bn | 169.91 Mn |
| 7 | Trulieve Cannabis | 2.00 Bn | 614.45 Mn | 162.29 Mn |
| 8 | Turning Point Brands | 1.28 Bn | 415.13 Mn | 93.70 Mn |
| 9 | Cronos | 1.24 Bn | -1.98 Bn | 28.45 Mn |
| 10 | Kaival Brands Innovations | 312,505.79 | -1.43 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 105,000.00 |
| Apr 30, 2026 | 75,000.00 |
| Jan 31, 2026 | 45,000.00 |
| Oct 31, 2025 | 170,000.00 |
| Jul 31, 2025 | 439,338.00 |
| Apr 30, 2025 | 679,853.00 |
| Jan 31, 2025 | 489,832.00 |
| Oct 31, 2024 | 972,376.00 |
| Jul 31, 2024 | 857,254.00 |
| Apr 30, 2024 | 780,350.00 |
| Jan 31, 2024 | 808,685.00 |
| Oct 31, 2023 | 849,437.00 |
| Jul 31, 2023 | 540,516.00 |
| Apr 30, 2023 | 696,876.00 |
| Jan 31, 2023 | 675,453.00 |
| Oct 31, 2022 | 1.10 Mn |
| Jul 31, 2022 | 544,748.00 |
| Apr 30, 2022 | 467,079.00 |
| Jan 31, 2022 | 374,412.00 |
| Oct 31, 2021 | 579,604.00 |
Kaival Brands Innovations Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=KAVL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "KAVL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=KAVL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();