Elite Pharmaceuticals Operating Expenses Growth & History (ELTP)
Elite Pharmaceuticals's operating expenses was $25.9M for fiscal 2026.
View full Elite Pharmaceuticals company overviewElite Pharmaceuticals annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-03-31 | $25.9M | $5.4M | +26.48% |
| 2025 | 2025-03-31 | $20.5M | $4.9M | +31.59% |
| 2024 | 2024-03-31 | $15.6M | $2.7M | +20.52% |
| 2023 | 2023-03-31 | $12.9M | $3.2M | +32.84% |
| 2022 | 2022-03-31 | $9.7M | −$37,971 | −0.39% |
| 2021 | 2021-03-31 | $9.8M | −$501,577 | −4.89% |
| 2020 | 2020-03-31 | $10.3M | −$1.8M | −14.65% |
| 2019 | 2019-03-31 | $12.0M | −$972,637 | −7.48% |
| 2018 | 2018-03-31 | $13.0M | $1.9M | +17.16% |
| 2017 | 2017-03-31 | $11.1M | −$5.2M | −32.06% |
| 2016 | 2016-03-31 | $16.3M | −$2.2M | −11.77% |
| 2015 | 2015-03-31 | $18.5M | $11.9M | +178.37% |
| 2014 | 2014-03-31 | $6.6M | $4.0M | +150.76% |
| 2013 | 2013-03-31 | $2.7M | −$725,077 | −21.47% |
| 2012 | 2012-03-31 | $3.4M | $899,977 | +36.34% |
| 2011 | 2011-03-31 | $2.5M | — | — |
Elite Pharmaceuticals quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-06-30 | $6.0M | $452,001 | +8.18% |
| Q4 2026 | 2026-03-31 | $10.6M | $4.4M | +72.36% |
| Q3 2026 | 2025-12-31 | $3.9M | −$1.1M | −21.53% |
| Q2 2026 | 2025-09-30 | $5.9M | $1.1M | +24.34% |
| Q1 2026 | 2025-06-30 | $5.5M | $915,541 | +19.86% |
| Q4 2025 | 2025-03-31 | $6.1M | $1.8M | +39.90% |
| Q3 2025 | 2024-12-31 | $5.0M | $1.5M | +43.13% |
| Q2 2025 | 2024-09-30 | $4.7M | $190,911 | +4.22% |
| Q1 2025 | 2024-06-30 | $4.6M | $1.5M | +46.44% |
| Q4 2024 | 2024-03-31 | $4.4M | $150,398 | +3.55% |
| Q3 2024 | 2023-12-31 | $3.5M | $548,292 | +18.52% |
| Q2 2024 | 2023-09-30 | $4.5M | $1.8M | +64.82% |
| Q1 2024 | 2023-06-30 | $3.1M | $173,368 | +5.83% |
| Q4 2023 | 2023-03-31 | $4.2M | $1.6M | +62.78% |
| Q3 2023 | 2022-12-31 | $3.0M | $773,761 | +35.39% |
| Q2 2023 | 2022-09-30 | $2.7M | $397,745 | +16.96% |
| Q1 2023 | 2022-06-30 | $3.0M | $386,794 | +14.94% |
| Q4 2022 | 2022-03-31 | $2.6M | −$329,105 | −11.22% |
| Q3 2022 | 2021-12-31 | $2.2M | −$215,874 | −8.99% |
| Q2 2022 | 2021-09-30 | $2.3M | $64,433 | +2.82% |
| Q1 2022 | 2021-06-30 | $2.6M | $442,575 | +20.63% |
| Q4 2021 | 2021-03-31 | $2.9M | −$900,284 | −23.48% |
| Q3 2021 | 2020-12-31 | $2.4M | $201,696 | +9.17% |
| Q2 2021 | 2020-09-30 | $2.3M | $497,876 | +27.92% |
| Q1 2021 | 2020-06-30 | $2.1M | −$300,865 | −12.30% |
| Q4 2020 | 2020-03-31 | $3.8M | $1.3M | +50.75% |
| Q3 2020 | 2019-12-31 | $2.2M | −$1.4M | −38.19% |
| Q2 2020 | 2019-09-30 | $1.8M | −$1.7M | −48.66% |
| Q1 2020 | 2019-06-30 | $2.4M | −$3,034 | −0.12% |
| Q4 2019 | 2019-03-31 | $2.5M | −$1.2M | −32.35% |
| Q3 2019 | 2018-12-31 | $3.6M | $385,374 | +12.14% |
| Q2 2019 | 2018-09-30 | $3.5M | $334,959 | +10.67% |
| Q1 2019 | 2018-06-30 | $2.4M | −$476,288 | −16.28% |
| Q4 2018 | 2018-03-31 | $3.8M | −$609,000 | −13.94% |
| Q3 2018 | 2017-12-31 | $3.2M | $848,586 | +36.48% |
| Q2 2018 | 2017-09-30 | $3.1M | $1.1M | +53.85% |
| Q1 2018 | 2017-06-30 | $2.9M | $564,981 | +23.93% |
| Q4 2017 | 2017-03-31 | $4.4M | $780,000 | +21.74% |
| Q3 2017 | 2016-12-31 | $2.3M | −$1.7M | −42.86% |
| Q2 2017 | 2016-09-30 | $2.0M | −$3.3M | −61.50% |
| Q1 2017 | 2016-06-30 | $2.4M | −$1.0M | −30.00% |
| Q4 2016 | 2016-03-31 | $3.6M | −$2.2M | −38.01% |
| Q3 2016 | 2015-12-31 | $4.1M | $850,000 | +26.39% |
| Q2 2016 | 2015-09-30 | $5.3M | $663,000 | +14.30% |
| Q1 2016 | 2015-06-30 | $3.4M | −$1.5M | −30.65% |
| Q4 2015 | 2015-03-31 | $5.8M | $3.4M | +144.74% |
| Q3 2015 | 2014-12-31 | $3.2M | $1.3M | +66.37% |
| Q2 2015 | 2014-09-30 | $4.6M | $3.4M | +277.22% |
| Q1 2015 | 2014-06-30 | $4.9M | $3.7M | +335.06% |
| Q4 2014 | 2014-03-31 | $2.4M | $1.7M | +239.65% |
| Q3 2014 | 2013-12-31 | $1.9M | $1.3M | +186.77% |
| Q2 2014 | 2013-09-30 | $1.2M | $558,846 | +83.39% |
| Q1 2014 | 2013-06-30 | $1.1M | $508,046 | +83.29% |
| Q4 2013 | 2013-03-31 | $696,297 | −$205,444 | −22.78% |
| Q3 2013 | 2012-12-31 | $675,100 | −$109,198 | −13.92% |
| Q2 2013 | 2012-09-30 | $670,154 | −$119,249 | −15.11% |
| Q1 2013 | 2012-06-30 | $609,954 | −$291,186 | −32.31% |
| Q4 2012 | 2012-03-31 | $901,741 | $19,825 | +2.25% |
| Q3 2012 | 2011-12-31 | $784,298 | $272,456 | +53.23% |
| Q2 2012 | 2011-09-30 | $789,403 | $223,574 | +39.51% |
| Q1 2012 | 2011-06-30 | $901,140 | $384,122 | +74.30% |
| Q4 2011 | 2011-03-31 | $881,916 | — | — |
| Q3 2011 | 2010-12-31 | $511,842 | — | — |
| Q2 2011 | 2010-09-30 | $565,829 | — | — |
| Q1 2011 | 2010-06-30 | $517,018 | — | — |
Elite Pharmaceuticals operating expenses trends
Over the last five fiscal years, Elite Pharmaceuticals's operating expenses increased from $9.8M to $25.9M, a change of $16.1M. The latest reported quarter, Q1 2027, shows $6.0M.
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.
Review Elite Pharmaceuticals source filings ↗