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| Date | Value |
|---|---|
| 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 |