Nortech Systems (NSYS) Operating Expenses (2010 - 2026)
Nortech Systems (NSYS) reported Operating Expenses of $4.66 million for Q1 2026, down 0.8% from $4.69 million a year earlier but up 11.8% from the prior quarter.
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Analysis
Nortech Systems (NSYS) Operating Expenses (2010 - 2026) Analysis & Trends
Over the twelve months ended Mar 31, 2026, Nortech Systems' Operating Expenses came in at $17 million, down 1.8% year-over-year; for FY2025, it was $17.03 million, up 0.7% from FY2024.
- Operating Expenses has a five-year compound annual growth rate of 10.6% (FY2020 to FY2025).
- By year, Operating Expenses came in at $16.92 million in FY2024 (-1.4%), $17.15 million in FY2023 (+3.4%), $16.59 million in FY2022 (+22.1%) and $13.59 million in FY2021 (+32.2%).
- Five-year quarterly Operating Expenses spans a low of $3.13 million in Q3 2021 and a high of $4.69 million in Q1 2025.
- Year over year, Operating Expenses gained in three of the last eight quarters, with an average year-over-year change of 0.0%.
- The high point for year-over-year Operating Expenses in five years was Q3 2022 (growth of 40.3%); the low point was Q4 2021 (a decline of 35.4%).
- Per Business Quant data, the three quarters before Q1 2026 came in at $4.17 million (Q4 2025), $4.08 million (Q3 2025) and $4.1 million (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 16.25 Bn |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 963.40 Mn |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 10.73 Bn |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 1.46 Bn |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 874.00 Mn |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 490.50 Mn |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 1.34 Bn |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 5.52 Bn |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | - |
| 10 | Nortech Systems | 31.11 Mn | 24.30 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 4.66 Mn |
| Dec 31, 2025 | 4.17 Mn |
| Sep 30, 2025 | 4.08 Mn |
| Jun 30, 2025 | 4.10 Mn |
| Mar 31, 2025 | 4.69 Mn |
| Dec 31, 2024 | 4.05 Mn |
| Sep 30, 2024 | 4.30 Mn |
| Jun 30, 2024 | 4.27 Mn |
| Mar 31, 2024 | 4.29 Mn |
| Dec 31, 2023 | 4.15 Mn |
| Sep 30, 2023 | 4.20 Mn |
| Jun 30, 2023 | 4.38 Mn |
| Mar 31, 2023 | 4.43 Mn |
| Dec 31, 2022 | 4.36 Mn |
| Sep 30, 2022 | 4.38 Mn |
| Jun 30, 2022 | 3.98 Mn |
| Mar 31, 2022 | 3.88 Mn |
| Dec 31, 2021 | 3.55 Mn |
| Sep 30, 2021 | 3.13 Mn |
| Jun 30, 2021 | 3.18 Mn |
API Access
Nortech Systems 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=NSYS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "NSYS", "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=NSYS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();