Reed'S, Inc. (REED) Operating Expenses (2010 - 2024)
Reed'S's Operating Expenses came in at $4.35 million for Q3 2024, up 4.2% from $4.18 million a year earlier but down 3.3% from the prior quarter.
Reed'S, Inc. (REED) Operating Expenses (2010 - 2024) Analysis & Trends
Over the trailing twelve months to Sep 30, 2024, Reed'S reported Operating Expenses of $18.34 million, down 11.9% year-over-year; for FY2023, it was $19.13 million, down 29.0% from FY2022.
- Operating Expenses carries a five-year compound annual growth rate of 0.3% (FY2018 to FY2023).
- Going back by year, Operating Expenses was $26.95 million in FY2022 and $22.73 million in FY2019 (+20.9%).
- The five-year range for quarterly Operating Expenses is $4.06 million (Q1 2024) to $7.84 million (Q2 2022).
- Year-over-year, Operating Expenses increased in two of the last seven quarters, with an average decline of 17.6%.
- The fastest year-over-year change in Operating Expenses over five years came in Q2 2024 (growth of 5.7%), and the weakest in Q2 2023 (a decline of 45.7%).
- Business Quant data shows REED's Operating Expenses at $4.5 million (Q2 2024), $4.06 million (Q1 2024) and $5.42 million (Q4 2023) in the three quarters before Q3 2024.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 4.35 Mn |
| Jun 30, 2024 | 4.50 Mn |
| Mar 31, 2024 | 4.06 Mn |
| Dec 31, 2023 | 5.42 Mn |
| Sep 30, 2023 | 4.18 Mn |
| Jun 30, 2023 | 4.26 Mn |
| Mar 31, 2023 | 5.28 Mn |
| Dec 31, 2022 | 7.11 Mn |
| Sep 30, 2022 | 4.89 Mn |
| Jun 30, 2022 | 7.84 Mn |
| Mar 31, 2022 | 7.11 Mn |
| Jun 30, 2020 | 4.42 Mn |
| Mar 31, 2020 | 5.12 Mn |
| Dec 31, 2019 | 4.09 Mn |
| Sep 30, 2019 | 6.88 Mn |
| Jun 30, 2019 | 6.38 Mn |
| Mar 31, 2019 | 5.39 Mn |
| Dec 31, 2018 | 4.75 Mn |
| Sep 30, 2018 | 4.76 Mn |
| Jun 30, 2018 | 5.86 Mn |
Reed'S, 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=REED&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "REED", "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=REED&period=max&api_key=YOUR_API_KEY");
const data = await res.json();