VerifyMe (VRME) Operating Expenses (2011 - 2026)
VerifyMe (VRME) posted quarterly Operating Expenses of $1.7 million for Q1 2026, down 17.09% year-over-year from $2.1 million in Q1 2025, and down 8.62% quarter-over-quarter from $1.9 million in Q4 2025.
VerifyMe (VRME) Operating Expenses (2011 - 2026) Analysis & Trends
VerifyMe's Operating Expenses history runs 15 years deep, the most recent figure standing at $1.7 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 17.09% year-over-year to $1.7 million; the TTM figure through Mar 2026 stood at $11.0 million (down 9.76% YoY), while the FY2025 annual figure was $11.4 million, down 12.73% from the prior year.
- Operating Expenses for Q1 2026 stood at $1.7 million, down from $1.9 million in the prior quarter.
- The five-year high for Operating Expenses was $5.5 million in Q3 2025, with the low at $1.7 million in Q1 2026.
- The 5-year median for Operating Expenses is $2.7 million (2022), against an average of $2.8 million.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses jumped 125.25% in 2022, then plunged 31.37% in 2025.
- VerifyMe's Operating Expenses stood at $2.7 million in 2022, then increased by 2.9% to $2.8 million in 2023, then fell by 1.78% to $2.8 million in 2024, then slumped by 31.37% to $1.9 million in 2025, then declined by 8.62% to $1.7 million in 2026.
- Business Quant data shows VRME's Operating Expenses at $1.7 million in Q1 2026, $1.9 million in Q4 2025, and $5.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Allegion | 13.85 Bn | 13.53 Bn | 517.50 Mn | 262.80 Mn |
| 2 | MSA Safety | 7.29 Bn | 7.09 Bn | 249.29 Mn | 135.44 Mn |
| 3 | Adt | 5.21 Bn | 5.18 Bn | 1.05 Bn | 385.91 Mn |
| 4 | Brinks | 4.68 Bn | 3.02 Bn | 366.10 Mn | 1.26 Bn |
| 5 | Brady | 4.30 Bn | 4.13 Bn | 225.47 Mn | 152.26 Mn |
| 6 | Geo | 4.15 Bn | 3.90 Bn | - | 530.70 Mn |
| 7 | CoreCivic | 3.30 Bn | 3.19 Bn | - | 615.92 Mn |
| 8 | Napco Security Technologies | 1.35 Bn | 1.22 Bn | 29.49 Mn | 30.68 Mn |
| 9 | Evolv Technologies Holdings | 972.56 Mn | 909.93 Mn | 21.95 Mn | 32.50 Mn |
| 10 | VerifyMe | 9.69 Mn | 9.69 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.73 Mn |
| Dec 31, 2025 | 1.89 Mn |
| Sep 30, 2025 | 5.51 Mn |
| Jun 30, 2025 | 1.91 Mn |
| Mar 31, 2025 | 2.08 Mn |
| Dec 31, 2024 | 2.75 Mn |
| Sep 30, 2024 | 4.77 Mn |
| Jun 30, 2024 | 2.63 Mn |
| Mar 31, 2024 | 2.91 Mn |
| Dec 31, 2023 | 2.80 Mn |
| Sep 30, 2023 | 2.90 Mn |
| Jun 30, 2023 | 2.62 Mn |
| Mar 31, 2023 | 3.03 Mn |
| Dec 31, 2022 | 2.73 Mn |
| Sep 30, 2022 | 2.73 Mn |
| Jun 30, 2022 | 3.01 Mn |
| Mar 31, 2022 | 1.77 Mn |
| Dec 30, 2021 | 2.82 Mn |
| Sep 30, 2021 | 1.21 Mn |
| Jun 30, 2021 | 1.53 Mn |