Taoping (TAOP) Operating Expenses (2011 - 2018)
Taoping (TAOP) posted quarterly Operating Expenses of $2.4 million for Q4 2018, down 6.15% year-over-year from $2.6 million in Q4 2017, and down 21.76% quarter-over-quarter from $3.1 million in Q3 2018.
Taoping (TAOP) Operating Expenses (2011 - 2018) Analysis & Trends
Taoping (TAOP) has reported Operating Expenses for 7 consecutive years, with $2.4 million the latest figure, recorded in Q4 2018.
- In Q4 2018, Operating Expenses fell 6.15% year-over-year to $2.4 million; the TTM figure through Jun 2020 stood at $2.4 million (down 72.92% YoY), while the FY2024 annual figure was $8.6 million, up 0.77% from the prior year.
- Operating Expenses eased to $2.4 million in Q4 2018 per TAOP's latest filing, from $3.1 million in the prior quarter.
- Across five years, Operating Expenses topped out at $4.1 million in Q3 2016 and bottomed at $1.3 million in Q4 2014.
- Historically, Operating Expenses has averaged $2.6 million across 4 years, with a median of $2.4 million in 2018.
- Annual changes were most pronounced in 2014 — Operating Expenses plunged 97.48% — and 2018, when it soared 75.74%.
- Taoping's Operating Expenses stood at $1.3 million in 2014, then surged by 91.24% to $2.5 million in 2016, then gained by 1.53% to $2.6 million in 2017, then fell by 6.15% to $2.4 million in 2018.
- Business Quant data shows TAOP's Operating Expenses at $2.4 million in Q4 2018, $3.1 million in Q3 2018, and $3.4 million in Q2 2018.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 12.28 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 13.05 Bn |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 726.59 Mn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 2.21 Bn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 953.90 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 705.21 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 1.57 Bn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 2.62 Bn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 2.72 Bn |
| 10 | Taoping | 180,783.96 | -1.92 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2018 | 2.43 Mn |
| Sep 30, 2018 | 3.10 Mn |
| Jun 30, 2018 | 3.44 Mn |
| Mar 31, 2018 | 2.34 Mn |
| Dec 31, 2017 | 2.59 Mn |
| Sep 30, 2017 | 2.37 Mn |
| Jun 30, 2017 | 1.96 Mn |
| Mar 31, 2017 | 2.18 Mn |
| Dec 31, 2016 | 2.55 Mn |
| Sep 30, 2016 | 4.13 Mn |
| Dec 31, 2014 | 1.33 Mn |
| Dec 31, 2013 | 52.93 Mn |
| Dec 31, 2012 | 59.53 Mn |
| Sep 30, 2012 | -36.56 Mn |
| Dec 31, 2011 | 13.22 Mn |