Arrow Financial annual operating expenses
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Arrow Financial Operating Expenses Growth & History (AROW)
Arrow Financial's operating expenses was $102.9M for fiscal 2025.
View full Arrow Financial company overviewArrow Financial annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $102.9M | $5.7M | +5.83% |
| 2024 | 2024-12-31 | $97.3M | $4.2M | +4.54% |
| 2023 | 2023-12-31 | $93.0M | $11.5M | +14.13% |
| 2022 | 2022-12-31 | $81.5M | $3.5M | +4.46% |
| 2021 | 2021-12-31 | $78.0M | $7.4M | +10.43% |
| 2020 | 2020-12-31 | $70.7M | $3.2M | +4.79% |
| 2019 | 2019-12-31 | $67.5M | $2.4M | +3.68% |
| 2018 | 2018-12-31 | $65.1M | $2.4M | +3.75% |
| 2017 | 2017-12-31 | $62.7M | $3.1M | +5.19% |
| 2016 | 2016-12-31 | $59.6M | $2.2M | +3.79% |
| 2015 | 2015-12-31 | $57.4M | $3.4M | +6.30% |
| 2014 | 2014-12-31 | $54.0M | $825,000 | +1.55% |
| 2013 | 2013-12-31 | $53.2M | $1.4M | +2.64% |
| 2012 | 2012-12-31 | $51.8M | $288,000 | +0.56% |
| 2011 | 2011-12-31 | $51.5M | $4.1M | +8.71% |
| 2010 | 2010-12-31 | $47.4M | $826,000 | +1.77% |
| 2009 | 2009-12-31 | $46.6M | — | — |
Arrow Financial quarterly operating expenses
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Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $27.5M | $1.8M | +7.06% |
| Q1 2026 | 2026-03-31 | $26.9M | $820,000 | +3.15% |
| Q4 2025 | 2025-12-31 | $25.8M | −$34,000 | −0.13% |
| Q3 2025 | 2025-09-30 | $25.4M | $1.3M | +5.53% |
| Q2 2025 | 2025-06-30 | $25.7M | $2.3M | +10.01% |
| Q1 2025 | 2025-03-31 | $26.0M | $2.0M | +8.47% |
| Q4 2024 | 2024-12-31 | $25.8M | $2.6M | +11.42% |
| Q3 2024 | 2024-09-30 | $24.1M | $621,000 | +2.64% |
| Q2 2024 | 2024-06-30 | $23.3M | −$765,000 | −3.18% |
| Q1 2024 | 2024-03-31 | $24.0M | $1.7M | +7.70% |
| Q4 2023 | 2023-12-31 | $23.2M | $2.4M | +11.53% |
| Q3 2023 | 2023-09-30 | $23.5M | $2.0M | +9.47% |
| Q2 2023 | 2023-06-30 | $24.1M | $3.7M | +18.37% |
| Q1 2023 | 2023-03-31 | $22.3M | $3.4M | +17.69% |
| Q4 2022 | 2022-12-31 | $20.8M | −$68,000 | −0.33% |
| Q3 2022 | 2022-09-30 | $21.4M | $2.0M | +10.43% |
| Q2 2022 | 2022-06-30 | $20.3M | $1.3M | +6.59% |
| Q1 2022 | 2022-03-31 | $18.9M | $267,000 | +1.43% |
| Q4 2021 | 2021-12-31 | $20.9M | $2.7M | +14.67% |
| Q3 2021 | 2021-09-30 | $19.4M | $1.9M | +11.07% |
| Q2 2021 | 2021-06-30 | $19.1M | $1.8M | +10.68% |
| Q1 2021 | 2021-03-31 | $18.7M | $924,000 | +5.20% |
| Q4 2020 | 2020-12-31 | $18.2M | $1.1M | +6.39% |
| Q3 2020 | 2020-09-30 | $17.5M | $696,000 | +4.15% |
| Q2 2020 | 2020-06-30 | $17.2M | $337,000 | +1.99% |
| Q1 2020 | 2020-03-31 | $17.8M | $1.1M | +6.62% |
| Q4 2019 | 2019-12-31 | $17.1M | $218,000 | +1.29% |
| Q3 2019 | 2019-09-30 | $16.8M | $765,000 | +4.77% |
| Q2 2019 | 2019-06-30 | $16.9M | $716,000 | +4.42% |
| Q1 2019 | 2019-03-31 | $16.7M | $696,000 | +4.36% |
| Q4 2018 | 2018-12-31 | $16.9M | $836,000 | +5.21% |
| Q3 2018 | 2018-09-30 | $16.0M | $478,000 | +3.07% |
| Q2 2018 | 2018-06-30 | $16.2M | $555,000 | +3.55% |
| Q1 2018 | 2018-03-31 | $16.0M | $481,000 | +3.11% |
| Q4 2017 | 2017-12-31 | $16.0M | $772,000 | +5.05% |
| Q3 2017 | 2017-09-30 | $15.5M | $466,000 | +3.09% |
| Q2 2017 | 2017-06-30 | $15.6M | $753,000 | +5.06% |
| Q1 2017 | 2017-03-31 | $15.5M | $1.1M | +7.69% |
| Q4 2016 | 2016-12-31 | $15.3M | $1.0M | +7.24% |
| Q3 2016 | 2016-09-30 | $15.1M | $232,000 | +1.56% |
| Q2 2016 | 2016-06-30 | $14.9M | $501,000 | +3.48% |
| Q1 2016 | 2016-03-31 | $14.4M | $415,000 | +2.97% |
| Q4 2015 | 2015-12-31 | $14.2M | $943,000 | +7.09% |
| Q3 2015 | 2015-09-30 | $14.8M | $1.3M | +9.79% |
| Q2 2015 | 2015-06-30 | $14.4M | $646,000 | +4.70% |
| Q1 2015 | 2015-03-31 | $14.0M | $489,000 | +3.63% |
| Q4 2014 | 2014-12-31 | $13.3M | −$86,000 | −0.64% |
| Q3 2014 | 2014-09-30 | $13.5M | $393,000 | +2.99% |
| Q2 2014 | 2014-06-30 | $13.7M | $463,000 | +3.49% |
| Q1 2014 | 2014-03-31 | $13.5M | $55,000 | +0.41% |
| Q4 2013 | 2013-12-31 | $13.4M | $268,000 | +2.04% |
| Q3 2013 | 2013-09-30 | $13.1M | $211,000 | +1.63% |
| Q2 2013 | 2013-06-30 | $13.3M | $623,000 | +4.92% |
| Q1 2013 | 2013-03-31 | $13.4M | $265,000 | +2.02% |
| Q4 2012 | 2012-12-31 | $13.1M | $662,000 | +5.32% |
| Q3 2012 | 2012-09-30 | $12.9M | −$1.7M | −11.51% |
| Q2 2012 | 2012-06-30 | $12.7M | $480,000 | +3.94% |
| Q1 2012 | 2012-03-31 | $13.1M | $827,000 | +6.71% |
| Q4 2011 | 2011-12-31 | $12.5M | — | — |
| Q3 2011 | 2011-09-30 | $14.6M | $2.5M | +20.63% |
| Q2 2011 | 2011-06-30 | $12.2M | $169,000 | +1.41% |
| Q1 2011 | 2011-03-31 | $12.3M | — | — |
| Q3 2010 | 2010-09-30 | $12.1M | — | — |
| Q2 2010 | 2010-06-30 | $12.0M | — | — |
Arrow Financial operating expenses trends
Over the last five fiscal years, Arrow Financial's operating expenses increased from $70.7M to $102.9M, a change of $32.3M. The latest reported quarter, Q2 2026, shows $27.5M.
About the metric
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.
Calculation and source
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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