Vestand Inc. (VSTD) Operating Expenses (2021 - 2025)
Vestand (VSTD) recorded Operating Expenses of $4.1 million in Q2 2025, up 32.1% from $3.1 million a year earlier and up 20.0% from the prior quarter.
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Vestand Inc. (VSTD) Operating Expenses (2021 - 2025) Analysis & Trends
On a TTM basis, Vestand's Operating Expenses came in at $13.15 million as of Jun 30, 2025, up 28.7% year-over-year; for FY2024, it was $11.32 million, up 27.9% from FY2023.
- Annual Operating Expenses has increased for three straight years, with a three-year compound annual growth rate of 21.4% (FY2021 to FY2024).
- Across earlier years, Operating Expenses came in at $8.85 million in FY2023 (+9.0%), $8.12 million in FY2022 (+28.4%) and $6.32 million in FY2021.
- The Q2 2025 figure is the highest quarterly Operating Expenses in data going back to Q3 2021.
- On a year-over-year basis, Operating Expenses has increased for six consecutive quarters, with growth averaging 26.2% over the last eight quarters.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 58.2% in Q2 2024, against a decline of 4.5% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $3.42 million (Q1 2025), $2.58 million (Q4 2024) and $3.06 million (Q3 2024).
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | 4.10 Mn |
| Mar 31, 2025 | 3.42 Mn |
| Dec 31, 2024 | 2.58 Mn |
| Sep 30, 2024 | 3.06 Mn |
| Jun 30, 2024 | 3.10 Mn |
| Mar 31, 2024 | 2.59 Mn |
| Dec 31, 2023 | 2.28 Mn |
| Sep 30, 2023 | 2.24 Mn |
| Jun 30, 2023 | 1.96 Mn |
| Mar 31, 2023 | 2.36 Mn |
| Dec 31, 2022 | 2.30 Mn |
| Sep 30, 2022 | 1.73 Mn |
| Jun 30, 2022 | 1.69 Mn |
| Mar 31, 2022 | 2.39 Mn |
| Dec 31, 2021 | 2.41 Mn |
| Sep 30, 2021 | 1.50 Mn |
API Access
Vestand Inc. 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=VSTD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "VSTD", "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=VSTD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();