First National Operating Expenses Growth & History (FXNC)
First National's operating expenses was $65.4M for fiscal 2025.
View full First National company overviewFirst National annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $65.4M | $12.5M | +23.61% |
| 2024 | 2024-12-31 | $52.9M | $15.7M | +42.14% |
| 2023 | 2023-12-31 | $37.2M | $1.6M | +4.62% |
| 2022 | 2022-12-31 | $35.6M | $2.9M | +8.75% |
| 2021 | 2021-12-31 | $32.7M | $8.9M | +37.44% |
| 2020 | 2020-12-31 | $23.8M | −$503,000 | −2.07% |
| 2019 | 2019-12-31 | $24.3M | $557,000 | +2.34% |
| 2018 | 2018-12-31 | $23.8M | $477,000 | +2.05% |
| 2017 | 2017-12-31 | $23.3M | −$204,000 | −0.87% |
| 2016 | 2016-12-31 | $23.5M | −$2.1M | −8.09% |
| 2015 | 2015-12-31 | $25.6M | $6.8M | +36.04% |
| 2014 | 2014-12-31 | $18.8M | −$2.0M | −9.47% |
| 2013 | 2013-12-31 | $20.8M | $1.6M | +8.54% |
| 2012 | 2012-12-31 | $19.1M | −$1.6M | −7.84% |
| 2011 | 2011-12-31 | $20.7M | $182,000 | +0.89% |
| 2010 | 2010-12-31 | $20.6M | $1.9M | +9.93% |
| 2009 | 2009-12-31 | $18.7M | — | — |
First National quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $16.4M | $1.2M | +8.20% |
| Q1 2026 | 2026-03-31 | $16.0M | −$2.4M | −12.83% |
| Q4 2025 | 2025-12-31 | $16.1M | −$5.8M | −26.47% |
| Q3 2025 | 2025-09-30 | $15.8M | $5.3M | +50.89% |
| Q2 2025 | 2025-06-30 | $15.2M | $4.5M | +42.52% |
| Q1 2025 | 2025-03-31 | $18.3M | $8.4M | +85.45% |
| Q4 2024 | 2024-12-31 | $21.9M | $12.8M | +140.98% |
| Q3 2024 | 2024-09-30 | $10.5M | $675,000 | +6.90% |
| Q2 2024 | 2024-06-30 | $10.7M | $1.5M | +16.39% |
| Q1 2024 | 2024-03-31 | $9.9M | $687,000 | +7.47% |
| Q4 2023 | 2023-12-31 | $9.1M | $148,000 | +1.65% |
| Q3 2023 | 2023-09-30 | $9.8M | $701,000 | +7.72% |
| Q2 2023 | 2023-06-30 | $9.2M | $240,000 | +2.69% |
| Q1 2023 | 2023-03-31 | $9.2M | $556,000 | +6.43% |
| Q4 2022 | 2022-12-31 | $9.0M | −$1.1M | −10.71% |
| Q3 2022 | 2022-09-30 | $9.1M | −$343,000 | −3.64% |
| Q2 2022 | 2022-06-30 | $8.9M | $2.3M | +34.51% |
| Q1 2022 | 2022-03-31 | $8.6M | $2.0M | +29.98% |
| Q4 2021 | 2021-12-31 | $10.0M | $4.1M | +69.27% |
| Q3 2021 | 2021-09-30 | $9.4M | $3.3M | +53.64% |
| Q2 2021 | 2021-06-30 | $6.6M | $1.0M | +18.12% |
| Q1 2021 | 2021-03-31 | $6.7M | $506,000 | +8.24% |
| Q4 2020 | 2020-12-31 | $5.9M | $119,000 | +2.05% |
| Q3 2020 | 2020-09-30 | $6.1M | −$51,000 | −0.82% |
| Q2 2020 | 2020-06-30 | $5.6M | −$617,000 | −9.90% |
| Q1 2020 | 2020-03-31 | $6.1M | $46,000 | +0.75% |
| Q4 2019 | 2019-12-31 | $5.8M | −$277,000 | −4.56% |
| Q3 2019 | 2019-09-30 | $6.2M | $236,000 | +3.97% |
| Q2 2019 | 2019-06-30 | $6.2M | $366,000 | +6.24% |
| Q1 2019 | 2019-03-31 | $6.1M | $232,000 | +3.95% |
| Q4 2018 | 2018-12-31 | $6.1M | $60,000 | +1.00% |
| Q3 2018 | 2018-09-30 | $6.0M | $143,000 | +2.46% |
| Q2 2018 | 2018-06-30 | $5.9M | $159,000 | +2.79% |
| Q1 2018 | 2018-03-31 | $5.9M | $115,000 | +2.00% |
| Q4 2017 | 2017-12-31 | $6.0M | $386,000 | +6.85% |
| Q3 2017 | 2017-09-30 | $5.8M | −$46,000 | −0.79% |
| Q2 2017 | 2017-06-30 | $5.7M | −$178,000 | −3.03% |
| Q1 2017 | 2017-03-31 | $5.8M | −$366,000 | −5.98% |
| Q4 2016 | 2016-12-31 | $5.6M | −$877,000 | −13.47% |
| Q3 2016 | 2016-09-30 | $5.9M | −$848,000 | −12.65% |
| Q2 2016 | 2016-06-30 | $5.9M | −$972,000 | −14.18% |
| Q1 2016 | 2016-03-31 | $6.1M | $630,000 | +11.48% |
| Q4 2015 | 2015-12-31 | $6.5M | $1.6M | +33.69% |
| Q3 2015 | 2015-09-30 | $6.7M | $1.9M | +40.98% |
| Q2 2015 | 2015-06-30 | $6.9M | $2.3M | +50.73% |
| Q1 2015 | 2015-03-31 | $5.5M | $874,000 | +18.95% |
| Q4 2014 | 2014-12-31 | $4.9M | −$1.4M | −21.84% |
| Q3 2014 | 2014-09-30 | $4.8M | $105,000 | +2.26% |
| Q2 2014 | 2014-06-30 | $4.5M | −$212,000 | −4.45% |
| Q1 2014 | 2014-03-31 | $4.6M | −$497,000 | −9.73% |
| Q4 2013 | 2013-12-31 | $6.2M | $1.1M | +21.67% |
| Q3 2013 | 2013-09-30 | $4.6M | −$9,000 | −0.19% |
| Q2 2013 | 2013-06-30 | $4.8M | $326,000 | +7.35% |
| Q1 2013 | 2013-03-31 | $5.1M | $206,000 | +4.20% |
| Q4 2012 | 2012-12-31 | $5.1M | −$1.2M | −18.49% |
| Q3 2012 | 2012-09-30 | $4.7M | −$731,000 | −13.57% |
| Q2 2012 | 2012-06-30 | $4.4M | −$82,000 | −1.82% |
| Q1 2012 | 2012-03-31 | $4.9M | $349,000 | +7.66% |
| Q4 2011 | 2011-12-31 | $6.3M | — | — |
| Q3 2011 | 2011-09-30 | $5.4M | $882,000 | +19.57% |
| Q2 2011 | 2011-06-30 | $4.5M | −$9,000 | −0.20% |
| Q1 2011 | 2011-03-31 | $4.6M | — | — |
| Q3 2010 | 2010-09-30 | $4.5M | — | — |
| Q2 2010 | 2010-06-30 | $4.5M | — | — |
First National operating expenses trends
Over the last five fiscal years, First National's operating expenses increased from $23.8M to $65.4M, a change of $41.6M. The latest reported quarter, Q2 2026, shows $16.4M.
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 First National source filings ↗