Noble Romans Inc (NROM) Operating Expenses (2010 - 2026)
Noble Romans (NROM) reported Operating Expenses of $3.35 million for Q1 2026, up 2.9% from $3.26 million a year earlier but down 22.1% from the prior quarter.
Noble Romans Inc (NROM) Operating Expenses (2010 - 2026) Analysis & Trends
Over the twelve months ended Mar 31, 2026, Noble Romans' Operating Expenses came in at $14.15 million, up 3.3% year-over-year; for FY2025, it came in at $14.06 million, up 2.8% from FY2024.
- Operating Expenses has a five-year compound annual growth rate of 14.6% (FY2020 to FY2025).
- By year, Operating Expenses came in at $13.67 million in FY2024 (+25.1%), $10.93 million in FY2023 (-4.1%), $11.41 million in FY2022 (+20.1%) and $9.5 million in FY2021 (+33.4%).
- Five-year quarterly Operating Expenses spans a low of $1.17 million in Q1 2023 and a high of $4.31 million in Q4 2025.
- Year over year, Operating Expenses gained in six of the last eight quarters, with growth averaging 8.3%.
- The high point for year-over-year Operating Expenses in five years was Q1 2024 (growth of 176.9%); the low point was Q1 2023 (a decline of 56.0%).
- Per Business Quant data, the three quarters before Q1 2026 came in at $4.31 million (Q4 2025), $3.32 million (Q3 2025) and $3.17 million (Q2 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 3.35 Mn |
| Dec 31, 2025 | 4.31 Mn |
| Sep 30, 2025 | 3.32 Mn |
| Jun 30, 2025 | 3.17 Mn |
| Mar 31, 2025 | 3.26 Mn |
| Dec 31, 2024 | 3.63 Mn |
| Sep 30, 2024 | 3.46 Mn |
| Jun 30, 2024 | 3.35 Mn |
| Mar 31, 2024 | 3.23 Mn |
| Dec 31, 2023 | 2.64 Mn |
| Sep 30, 2023 | 3.23 Mn |
| Jun 30, 2023 | 3.09 Mn |
| Mar 31, 2023 | 1.17 Mn |
| Dec 31, 2022 | 3.04 Mn |
| Sep 30, 2022 | 2.90 Mn |
| Jun 30, 2022 | 2.82 Mn |
| Mar 31, 2022 | 2.65 Mn |
| Dec 31, 2021 | 2.80 Mn |
| Sep 30, 2021 | 2.51 Mn |
| Jun 30, 2021 | 2.54 Mn |
Noble Romans Inc Operating 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=operating-expenses&ticker=NROM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "NROM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=NROM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();