Safe Pro (SPAI) Operating Expenses (2023 - 2026)
Safe Pro (SPAI) posted quarterly Operating Expenses of $3.7 million for Q1 2026, down 7.85% YoY from $4.1 million in Q1 2025, and down 16.42% sequentially from $4.5 million in Q4 2025.
Safe Pro (SPAI) Operating Expenses (2023 - 2026) Analysis & Trends
Safe Pro has disclosed Operating Expenses across 4 years of filings, most recently posting $3.7 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 7.85% year-over-year to $3.7 million; the TTM figure through Mar 2026 stood at $14.4 million (up 32.16% YoY), while the FY2025 annual figure was $14.7 million, up 83.02% from the prior year.
- Operating Expenses retreated to $3.7 million in Q1 2026, from $4.5 million in the prior quarter.
- Over the last five years, Operating Expenses for SPAI reached as high as $4.5 million in Q4 2023 and fell as low as $740664.0 in Q3 2023.
- The 4-year median for Operating Expenses is $2.8 million (2024), against an average of $2.7 million.
- The widest YoY moves for Operating Expenses: up 396.35% in 2024, down 58.48% in 2024.
- A 4-year view of Operating Expenses shows it stood at $4.5 million in 2023, then plunged by 58.48% to $1.9 million in 2024, then surged by 140.31% to $4.5 million in 2025, then declined by 16.42% to $3.7 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $3.7 million, $4.5 million, and $4.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | 2.10 Bn |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 19.59 Bn |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | 12.06 Bn |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | - |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 120.00 Mn |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | 273.00 Mn |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | 8.89 Bn |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | 132.46 Mn |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | 750.00 Mn |
| 10 | Safe Pro | 89.35 Mn | 74.55 Mn | 830,429.00 | 3.75 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.75 Mn |
| Dec 31, 2025 | 4.48 Mn |
| Sep 30, 2025 | 4.24 Mn |
| Jun 30, 2025 | 1.95 Mn |
| Mar 31, 2025 | 4.07 Mn |
| Dec 31, 2024 | 1.87 Mn |
| Sep 30, 2024 | 3.68 Mn |
| Jun 30, 2024 | 1.31 Mn |
| Mar 31, 2024 | 1.21 Mn |
| Dec 31, 2023 | 4.49 Mn |
| Sep 30, 2023 | 740,664.00 |
| Jun 30, 2023 | 764,121.00 |