Advent Technologies Holdings Operating Expenses Growth & History (ADNH)
Advent Technologies Holdings's operating expenses was $20.2M for fiscal 2024.
View full Advent Technologies Holdings company overviewAdvent Technologies Holdings annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | $20.2M | −$25.1M | −55.49% |
| 2023 | 2023-12-31 | $45.3M | −$39.4M | −46.52% |
| 2022 | 2022-12-31 | $84.7M | $38.9M | +85.00% |
| 2021 | 2021-12-31 | $45.8M | $44.4M | +3117.70% |
| 2020 | 2020-12-31 | $1.4M | $983,553 | +224.04% |
| 2019 | 2019-12-31 | $439,017 | $320,380 | +270.05% |
| 2018 | 2018-12-31 | $118,637 | — | — |
Advent Technologies Holdings quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q3 2025 | 2025-09-30 | $2.0M | −$5.7M | −74.10% |
| Q2 2025 | 2025-06-30 | $2.6M | — | — |
| Q1 2025 | 2025-03-31 | $2.8M | −$3.9M | −58.38% |
| Q4 2024 | 2024-12-31 | $7.9M | −$6.8M | −46.40% |
| Q3 2024 | 2024-09-30 | $7.7M | −$1.2M | −13.62% |
| Q1 2024 | 2024-03-31 | $6.6M | −$4.7M | −41.45% |
| Q4 2023 | 2023-12-31 | $14.8M | −$34.8M | −70.23% |
| Q3 2023 | 2023-09-30 | $8.9M | −$2.2M | −19.87% |
| Q2 2023 | 2023-06-30 | $20.5M | $9.4M | +84.51% |
| Q1 2023 | 2023-03-31 | $11.3M | −$1.5M | −11.85% |
| Q4 2022 | 2022-12-31 | $49.6M | $32.8M | +194.84% |
| Q3 2022 | 2022-09-30 | $11.2M | −$2.6M | −18.81% |
| Q2 2022 | 2022-06-30 | $11.1M | $4.0M | +56.00% |
| Q1 2022 | 2022-03-31 | $12.8M | $4.7M | +58.49% |
| Q4 2021 | 2021-12-31 | $16.8M | $14.9M | +794.85% |
| Q3 2021 | 2021-09-30 | $13.7M | $13.3M | +3212.98% |
| Q2 2021 | 2021-06-30 | $7.1M | $6.7M | +1710.76% |
| Q1 2021 | 2021-03-31 | $8.1M | $8.0M | +6827.52% |
| Q4 2020 | 2020-12-31 | $1.9M | $1.8M | +2044.93% |
| Q3 2020 | 2020-09-30 | $414,612 | $300,433 | +263.12% |
| Q2 2020 | 2020-06-30 | $393,205 | $289,835 | +280.39% |
| Q1 2020 | 2020-03-31 | $116,925 | −$16,922 | −12.64% |
| Q4 2019 | 2019-12-31 | $87,621 | — | — |
| Q3 2019 | 2019-09-30 | $114,179 | $113,002 | +9600.85% |
| Q2 2019 | 2019-06-30 | $103,370 | — | — |
| Q1 2019 | 2019-03-31 | $133,847 | — | — |
| Q3 2018 | 2018-09-30 | $1,177 | — | — |
Advent Technologies Holdings operating expenses trends
Over the last five fiscal years, Advent Technologies Holdings's operating expenses increased from $439,017 to $20.2M, a change of $19.7M. The latest reported quarter, Q3 2025, shows $2.0M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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