Lightbridge (LTBR) Operating Expenses (2011 - 2026)

Lightbridge's (LTBR) quarterly Operating Expenses came in at $7.7 million in Q1 2026, up 49.29% year-on-year from $5.1 million in Q1 2025, and down 12.05% quarter-over-quarter from $8.7 million in Q4 2025.

Lightbridge (LTBR) Operating Expenses (2011 - 2026) Analysis & Trends

Lightbridge has disclosed Operating Expenses across 14 years of filings, most recently posting $7.7 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $7.7 million, up 49.29% year-over-year; the trailing twelve-month figure through Mar 2026 was $25.8 million (up 71.48% YoY), and the FY2025 annual result was $23.2 million, up 77.86% from the prior year.
  • Operating Expenses came in at $7.7 million for Q1 2026 at Lightbridge, down from $8.7 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $8.7 million in Q4 2025 to a low of $1.6 million in Q2 2022.
  • The 5-year median for Operating Expenses is $2.7 million (2024), against an average of $3.6 million.
  • Across the five-year window, Operating Expenses declined 10.29% in 2022 and surged 107.92% in 2025, its largest moves.
  • Lightbridge's Operating Expenses stood at $2.2 million in 2022, then advanced by 20.7% to $2.6 million in 2023, then jumped by 59.54% to $4.2 million in 2024, then soared by 107.92% to $8.7 million in 2025, then dropped by 12.05% to $7.7 million in 2026.
  • The last three Operating Expenses figures came in at $7.7 million (Q1 2026), $8.7 million (Q4 2025), and $5.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 451.80 Mn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 153.35 Mn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 249.90 Mn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 241.50 Mn
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 132.60 Mn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 30.13 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn 16.90 Mn
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 387.40 Mn
10 Lightbridge 326.20 Mn 326.20 Mn - 7.68 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 7.68 Mn
Dec 31, 2025 8.73 Mn
Sep 30, 2025 5.20 Mn
Jun 30, 2025 4.14 Mn
Mar 31, 2025 5.15 Mn
Dec 31, 2024 4.20 Mn
Sep 30, 2024 2.97 Mn
Jun 30, 2024 2.70 Mn
Mar 31, 2024 3.18 Mn
Dec 31, 2023 2.63 Mn
Sep 30, 2023 2.16 Mn
Jun 30, 2023 1.96 Mn
Mar 31, 2023 2.31 Mn
Dec 31, 2022 2.18 Mn
Sep 30, 2022 2.20 Mn
Jun 30, 2022 1.61 Mn
Mar 31, 2022 2.18 Mn
Dec 31, 2021 2.38 Mn
Sep 30, 2021 2.20 Mn
Jun 30, 2021 1.79 Mn