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% on a YoY basis from $4.2 million in Q4 2023, and down 3.27% quarter-over-quarter from $4.5 million in Q2 2024.
Analysis
Reed'S, Inc. (REED) Operating Expenses (2010 - 2024) Analysis & Trends
Reed'S (REED) has reported Operating Expenses for 14 consecutive years, with $4.4 million the latest figure, recorded in Q3 2024.
- For the quarter ending Q3 2024, Operating Expenses rose 4.24% year-over-year to $4.4 million; the trailing twelve-month figure through Sep 2024 stood at $18.3 million (down 11.92% YoY), and the FY2023 full-year result was $19.1 million, down 29.01% from the prior year.
- Operating Expenses declined to $4.4 million in Q3 2024 per REED's latest filing, from $4.5 million in the prior quarter.
- Across five years, Operating Expenses topped out at $7.8 million in Q2 2022 and bottomed at $4.1 million in Q1 2024.
- Historically, Operating Expenses has averaged $5.3 million across 4 years, with a median of $4.9 million in 2022.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses slumped 45.68% in 2023, then advanced 5.73% in 2024.
- Over 4 years, Operating Expenses stood at $4.4 million in 2020, then jumped by 60.81% to $7.1 million in 2022, then decreased by 23.77% to $5.4 million in 2023, then retreated by 19.7% to $4.4 million in 2024.
- According to Business Quant data, Operating Expenses over the past three periods registered $4.4 million, $4.5 million, and $4.1 million for Q3 2024, Q2 2024, and Q1 2024 respectively.
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Historic Data
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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 |