Security Federal (SFDL) Operating Expenses (2009 - 2025)
Security Federal (SFDL) posted Operating Expenses of $11.05 million for Q4 2025, up 16.0% from $9.52 million a year earlier and up 6.7% from the prior quarter.
Security Federal (SFDL) Operating Expenses (2009 - 2025) Analysis & Trends
For FY2025, Security Federal's Operating Expenses came in at $41.6 million, up 9.1% from FY2024.
- Annual Operating Expenses has increased for three consecutive years, with a five-year compound annual growth rate of 3.4% (FY2020 to FY2025).
- In prior years, Security Federal's Operating Expenses was $38.14 million in FY2024 (+6.2%), $35.91 million in FY2023 (+4.9%), $34.23 million in FY2022 (-9.5%) and $37.81 million in FY2021 (+7.5%).
- The Q4 2025 figure stands as the highest quarterly Operating Expenses in data going back to Q2 2013.
- On a year-over-year basis, Operating Expenses has increased in each of the last 11 quarters, with growth averaging 7.7% over the last eight quarters.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q4 2021, with growth of 17.8%; the weakest was Q4 2022, with a decline of 14.4%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $10.35 million (Q3 2025), $10.36 million (Q2 2025) and $9.84 million (Q1 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | 27.30 Bn |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | 19.72 Bn |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | 8.82 Bn |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | 13.71 Bn |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | 7.02 Bn |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | 11.31 Bn |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | 13.74 Bn |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | 17.50 Bn |
| 10 | Security Federal | 146.35 Mn | -261.06 Mn | - | 11.05 Mn |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 11.05 Mn |
| Sep 30, 2025 | 10.35 Mn |
| Jun 30, 2025 | 10.36 Mn |
| Mar 31, 2025 | 9.84 Mn |
| Dec 31, 2024 | 9.52 Mn |
| Sep 30, 2024 | 9.31 Mn |
| Jun 30, 2024 | 9.67 Mn |
| Mar 31, 2024 | 9.64 Mn |
| Dec 31, 2023 | 9.05 Mn |
| Sep 30, 2023 | 8.92 Mn |
| Jun 30, 2023 | 8.91 Mn |
| Mar 31, 2023 | 9.03 Mn |
| Dec 31, 2022 | 8.92 Mn |
| Sep 30, 2022 | 8.28 Mn |
| Jun 30, 2022 | 8.43 Mn |
| Mar 31, 2022 | 8.59 Mn |
| Dec 31, 2021 | 8.94 Mn |
| Sep 30, 2021 | 8.05 Mn |
| Jun 30, 2021 | 7.45 Mn |
| Mar 31, 2021 | 7.61 Mn |
Security Federal 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=SFDL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "SFDL", "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=SFDL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();