Summit Networks Inc. (SNTW) Operating Expenses (2014 - 2023)

Summit Networks (SNTW) has reported Operating Expenses for 10 consecutive years, with $51648.0 the latest figure, recorded in Q1 2023.

• On a quarterly basis, Operating Expenses fell 5.22% year-over-year to $51648.0 in Q1 2023; TTM through Mar 2023 was $57340.0, a 88.49% decrease from a year earlier, with the FY2022 full-year figure at $108205.0, down 81.11% from the prior year.
• Operating Expenses was $51648.0 for Q1 2023 at Summit Networks, up from $28185.0 in the prior quarter.
• Over five years, Operating Expenses peaked at $389464.0 in Q1 2021 and troughed at -$68143.0 in Q3 2020.
• A 5-year average of $70036.8 and a median of $43022.0 in 2020 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses soared 524.45% in 2021 and tumbled 118.53% in 2022, its largest moves.
• Over 5 years, Operating Expenses stood at $27267.0 in 2019, then soared by 267.59% to $100232.0 in 2020, then slipped by 23.97% to $76204.0 in 2021, then sank by 63.01% to $28185.0 in 2022, then jumped by 83.25% to $51648.0 in 2023.
• The last three Operating Expenses figures came in at $51648.0 (Q1 2023), $28185.0 (Q4 2022), and -$53597.0 (Q3 2022), per Business Quant data.