Senmiao Technology (VAI) Operating Expenses (2017 - 2026)
Senmiao Technology (VAI) recorded Operating Expenses of $692,472 in fiscal Q1 2027 (quarter ended Jun 30, 2026), up 38.3% from $500,829 a year earlier but down 3.4% from the prior quarter.
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Analysis
Senmiao Technology (VAI) Operating Expenses (2017 - 2026) Analysis & Trends
On a TTM basis, Senmiao Technology's Operating Expenses came in at $3.59 million as of Jun 30, 2026, up 34.3% year-over-year; for FY2026 (ended Mar 31, 2026), it was $3.1 million, up 21.0% from FY2025.
- Annual Operating Expenses has a five-year compound annual growth rate of -13.0% (FY2021 to FY2026).
- Across earlier fiscal years, Operating Expenses came in at $2.56 million in FY2025 (-51.7%), $5.3 million in FY2024 (-30.6%), $7.63 million in FY2023 (-19.4%) and $9.47 million in FY2022 (+52.4%).
- Quarterly Operating Expenses has ranged from $500,829 in fiscal Q1 2026 to $2.71 million in fiscal Q3 2022 over the past five years.
- On a year-over-year basis, Operating Expenses rose in three of the last eight quarters, with an average decline of 2.5%.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 121.7% in fiscal Q3 2026, against a decline of 56.6% in fiscal Q3 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $716,957 (Q4 2026), $1.15 million (Q3 2026) and $1.03 million (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 2.50 Bn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 4.66 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 541.02 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 2.07 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 1.02 Bn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 1.33 Bn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 173.18 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 58.19 Mn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Senmiao Technology | 10.88 Mn | -6.51 Mn | 61,692.00 | 692,472.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 692,472.00 |
| Mar 31, 2026 | 716,957.00 |
| Dec 31, 2025 | 1.15 Mn |
| Sep 30, 2025 | 1.03 Mn |
| Jun 30, 2025 | 500,829.00 |
| Mar 31, 2025 | 941,581.00 |
| Dec 31, 2024 | 516,970.00 |
| Sep 30, 2024 | 712,646.00 |
| Jun 30, 2024 | 1.03 Mn |
| Mar 31, 2024 | 1.74 Mn |
| Dec 31, 2023 | 1.19 Mn |
| Sep 30, 2023 | 1.35 Mn |
| Jun 30, 2023 | 1.37 Mn |
| Mar 31, 2023 | 2.33 Mn |
| Dec 31, 2022 | 1.51 Mn |
| Sep 30, 2022 | 1.89 Mn |
| Jun 30, 2022 | 1.90 Mn |
| Mar 31, 2022 | 2.10 Mn |
| Dec 31, 2021 | 2.71 Mn |
| Sep 30, 2021 | 1.88 Mn |
API Access
Senmiao Technology 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=VAI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "VAI", "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=VAI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();