Trutankless (TKLS) Operating Expenses (2010 - 2026)
Trutankless' Operating Expenses was $2.58 million in Q2 2026, up 158.3% from $999,821 a year earlier and up 64.8% from the prior quarter.
Trutankless (TKLS) Operating Expenses (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Trutankless' Operating Expenses was $5.28 million through Jun 30, 2026, down 17.1% year-over-year; for FY2025, it was $3.61 million, down 30.3% from FY2024.
- Operating Expenses shows a five-year compound annual growth rate of -13.0% (FY2020 to FY2025).
- In earlier years, Operating Expenses was $5.18 million in FY2024 (+285.1%), $1.35 million in FY2023 (-64.3%), $3.77 million in FY2022 (-66.2%) and $11.15 million in FY2021 (+53.9%).
- The Q2 2026 figure marks the highest quarterly Operating Expenses since Q4 2021.
- Compared with a year earlier, Operating Expenses was higher in five of the last seven quarters, with growth averaging 71.2%.
- The best year-over-year quarter for Operating Expenses over five years was Q4 2021 (growth of 284.7%); the worst was Q4 2022 (a decline of 93.2%).
- Per Business Quant data, TKLS's Operating Expenses in the three quarters before Q2 2026 was $1.57 million (Q1 2026), $399,714 (Q4 2025) and $728,311 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 101.47 Bn | 96.19 Bn | 2.26 Bn | 1.04 Bn |
| 2 | Johnson Controls International | 89.51 Bn | 87.24 Bn | 2.47 Bn | 1.49 Bn |
| 3 | Comfort Systems Usa | 49.08 Bn | 44.33 Bn | 844.23 Mn | 287.05 Mn |
| 4 | Carrier Global | 46.13 Bn | 40.44 Bn | 1.94 Bn | 5.58 Bn |
| 5 | Otis Worldwide | 27.49 Bn | 23.91 Bn | 1.14 Bn | 3.28 Bn |
| 6 | James Hardie Industries | 15.20 Bn | 14.26 Bn | 548.70 Mn | 327.40 Mn |
| 7 | Masco | 14.84 Bn | 12.70 Bn | 868.00 Mn | 397.00 Mn |
| 8 | Carlisle Companies | 13.51 Bn | 9.86 Bn | 568.40 Mn | 210.70 Mn |
| 9 | Allegion | 13.35 Bn | 12.06 Bn | 517.50 Mn | 262.80 Mn |
| 10 | Trutankless | 8.81 Mn | 8.73 Mn | 300,215.00 | 2.58 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.58 Mn |
| Mar 31, 2026 | 1.57 Mn |
| Dec 31, 2025 | 399,714.00 |
| Sep 30, 2025 | 728,311.00 |
| Jun 30, 2025 | 999,821.00 |
| Mar 31, 2025 | 1.48 Mn |
| Dec 31, 2024 | 1.77 Mn |
| Sep 30, 2024 | 2.12 Mn |
| Jun 30, 2024 | 786,606.00 |
| Mar 31, 2024 | 510,002.00 |
| Dec 31, 2023 | -119,707.00 |
| Sep 30, 2023 | 589,820.00 |
| Jun 30, 2023 | 306,434.00 |
| Mar 31, 2023 | 569,370.00 |
| Dec 31, 2022 | 439,205.00 |
| Sep 30, 2022 | 993,663.00 |
| Jun 30, 2022 | 1.10 Mn |
| Mar 31, 2022 | 1.24 Mn |
| Dec 31, 2021 | 6.49 Mn |
| Sep 30, 2021 | 2.15 Mn |
Trutankless 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=TKLS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "TKLS", "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=TKLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();