Reed'S, Inc. (REED) Operating Expenses (2010 - 2024)
Reed'S's (REED) quarterly Operating Expenses came in at $4.4 million in Q3 2024, up 4.24% YoY from $4.2 million in Q4 2023, and down 3.27% on a QoQ basis from $4.5 million in Q2 2024.
Reed'S, Inc. (REED) Operating Expenses (2010 - 2024) Analysis & Trends
Reed'S (REED) has 14 years of Operating Expenses data on file, last reported at $4.4 million in Q3 2024.
- Quarterly Operating Expenses rose 4.24% year-over-year to $4.4 million in Q3 2024, while the trailing twelve-month figure through Dec 2024 was $12.9 million (down 32.48% YoY) and the FY2023 annual result came in at $19.1 million, down 29.01% from the prior year.
- Operating Expenses retreated to $4.4 million in Q3 2024, from $4.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $7.8 million in Q2 2022 to a low of $4.1 million in Q1 2024.
- A 4-year average of $5.3 million and a median of $4.9 million in 2022 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2023 — Operating Expenses sank 45.68% — and 2024, when it gained 5.73%.
- Tracing REED's Operating Expenses over 4 years: stood at $4.4 million in 2020, then surged by 60.81% to $7.1 million in 2022, then fell by 23.77% to $5.4 million in 2023, then declined by 19.7% to $4.4 million in 2024.
- The last three Operating Expenses figures came in at $4.4 million (Q3 2024), $4.5 million (Q2 2024), and $4.1 million (Q1 2024), per Business Quant data.
Peer Comparison
Historic Data
Download 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 |