Trutankless (TKLS) Operating Expenses (2010 - 2026)
Trutankless (TKLS) posted Operating Expenses of $2.6 million for Q2 2026, up 64.79% on a QoQ basis from $1.6 million in Q1 2026, and up 158.34% year-over-year from $999821.0 in Q2 2025.
Analysis
Trutankless (TKLS) Operating Expenses (2010 - 2026) Analysis & Trends
Trutankless has reported Operating Expenses for 17 years, with the latest figure at $2.6 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 158.34% year-over-year to $2.6 million in Q2 2026; TTM through Jun 2026 was $5.3 million, a 17.15% decrease from a year earlier, with the FY2025 full-year figure at $3.6 million, down 30.3% from the prior year.
- Operating Expenses was $2.6 million for Q2 2026 at Trutankless, up from $1.6 million in the prior quarter.
- The five-year high for Operating Expenses was $2.6 million in Q2 2026, with the low at -$119707.0 in Q4 2023.
- Average Operating Expenses over 5 years is $1.0 million, with a median of $890134.5 recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses slumped 127.26% in 2023, then jumped 1575.42% in 2024.
- Over 5 years, Operating Expenses stood at $439205.0 in 2022, then plunged by 127.26% to -$119707.0 in 2023, then jumped by 1575.42% to $1.8 million in 2024, then tumbled by 77.37% to $399714.0 in 2025, then soared by 546.2% to $2.6 million in 2026.
- The last three Operating Expenses figures came in at $2.6 million (Q2 2026), $1.6 million (Q1 2026), and $399714.0 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 97.32 Bn | 96.02 Bn | 2.26 Bn | 1.04 Bn |
| 2 | Johnson Controls International | 88.44 Bn | 87.84 Bn | 2.47 Bn | 1.49 Bn |
| 3 | Comfort Systems Usa | 59.52 Bn | 57.67 Bn | 844.23 Mn | 287.05 Mn |
| 4 | Carrier Global | 47.35 Bn | 46.33 Bn | 1.94 Bn | 5.58 Bn |
| 5 | Lennox International | 12.64 Bn | 12.59 Bn | 539.50 Mn | 183.10 Mn |
| 6 | Modine Manufacturing | 9.98 Bn | 9.92 Bn | - | - |
| 7 | SPX Technologies | 9.61 Bn | 9.44 Bn | 272.80 Mn | 15.80 Mn |
| 8 | Smith A O | 7.80 Bn | 7.62 Bn | 387.80 Mn | 220.30 Mn |
| 9 | Aaon | 6.58 Bn | 6.58 Bn | 152.49 Mn | 83.61 Mn |
| 10 | Trutankless | 70.52 Mn | 70.37 Mn | 300,215.00 | 2.58 Mn |
Historic Data
Download Data
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 |