Sparta Commercial Services (SRCO) Operating Expenses (2010 - 2026)
Sparta Commercial Services (SRCO) recorded Operating Expenses of $496,870 in fiscal Q1 2027 (quarter ended Jul 31, 2026), up 35.2% from $367,549 a year earlier but down 64.6% from the prior quarter.
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Analysis
Sparta Commercial Services (SRCO) Operating Expenses (2010 - 2026) Analysis & Trends
On a TTM basis, Sparta Commercial Services' Operating Expenses came in at $2.56 million as of Jul 31, 2026, up 79.8% year-over-year; for FY2026 (ended Apr 30, 2026), it was $2.43 million, up 69.6% from FY2025.
- Annual Operating Expenses has a five-year compound annual growth rate of 11.7% (FY2021 to FY2026).
- Across earlier fiscal years, Operating Expenses came in at $1.43 million in FY2025 (+40.5%), $1.02 million in FY2024 (-36.4%), $1.6 million in FY2023 (-14.2%) and $1.87 million in FY2022 (+33.9%).
- Quarterly Operating Expenses has ranged from $152,876 in fiscal Q4 2024 to $1.4 million in fiscal Q4 2026 over the past five years.
- On a year-over-year basis, Operating Expenses has increased for three consecutive quarters, with growth averaging 59.9% over the last eight quarters.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 340.5% in fiscal Q4 2022, against a decline of 68.4% in fiscal Q4 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $1.4 million (Q4 2026), $294,889 (Q3 2026) and $364,685 (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 43.85 Bn | 44.35 Bn | - | 4.66 Bn |
| 2 | Rocket Companies | 43.67 Bn | 29.35 Bn | - | 2.50 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.48 Bn | - | 541.02 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 25.52 Bn | 25.52 Bn | - | 2.07 Bn |
| 5 | Synchrony Financial | 23.24 Bn | -44.73 Bn | - | 1.33 Bn |
| 6 | Affirm Holdings | 22.66 Bn | 16.35 Bn | - | 1.02 Bn |
| 7 | Royal Gold | 20.35 Bn | 19.57 Bn | 390.45 Mn | 173.18 Mn |
| 8 | Annaly Capital Management | 15.27 Bn | 6.37 Bn | - | 58.19 Mn |
| 9 | Ares Capital | 13.74 Bn | 11.17 Bn | - | - |
| 10 | Sparta Commercial Services | 4.37 Mn | 5.09 Mn | 40,797.00 | 496,870.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 496,870.00 |
| Apr 30, 2026 | 1.40 Mn |
| Jan 31, 2026 | 294,889.00 |
| Oct 31, 2025 | 364,685.00 |
| Jul 31, 2025 | 367,549.00 |
| Apr 30, 2025 | 426,367.00 |
| Jan 31, 2025 | 257,270.00 |
| Oct 31, 2024 | 372,050.00 |
| Jul 31, 2024 | 376,762.00 |
| Apr 30, 2024 | 152,876.00 |
| Jan 31, 2024 | 247,003.00 |
| Oct 31, 2023 | 304,846.00 |
| Jul 31, 2023 | 315,036.00 |
| Apr 30, 2023 | 322,177.00 |
| Jan 31, 2023 | 403,695.00 |
| Oct 31, 2022 | 304,846.00 |
| Jul 31, 2022 | 572,882.00 |
| Apr 30, 2022 | 1.02 Mn |
| Jan 31, 2022 | 590,304.00 |
| Oct 31, 2021 | 256,713.00 |
API Access
Sparta Commercial Services 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=SRCO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "SRCO", "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=SRCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();