Guerrilla RF Operating Expenses Growth & History (GUER)
Guerrilla RF's operating expenses was $19.5M for fiscal 2025.
View full Guerrilla RF company overviewGuerrilla RF annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $19.5M | −$2.1M | −9.57% |
| 2024 | 2024-12-31 | $21.6M | $47,341 | +0.22% |
| 2023 | 2023-12-31 | $21.5M | $3.6M | +20.36% |
| 2022 | 2022-12-31 | $17.9M | $8.1M | +82.34% |
| 2021 | 2021-12-31 | $9.8M | $3.1M | +45.97% |
| 2020 | 2020-12-31 | $6.7M | — | — |
Guerrilla RF quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $4.7M | −$121,889 | −2.52% |
| Q1 2026 | 2026-03-31 | $4.6M | −$1.3M | −21.76% |
| Q4 2025 | 2025-12-31 | $4.4M | −$1.4M | −23.78% |
| Q3 2025 | 2025-09-30 | $4.4M | −$1.1M | −20.12% |
| Q2 2025 | 2025-06-30 | $4.8M | −$347,491 | −6.70% |
| Q1 2025 | 2025-03-31 | $5.8M | $772,815 | +15.28% |
| Q4 2024 | 2024-12-31 | $5.8M | $995,872 | +20.87% |
| Q3 2024 | 2024-09-30 | $5.6M | −$40,020 | −0.71% |
| Q2 2024 | 2024-06-30 | $5.2M | −$473,367 | −8.36% |
| Q1 2024 | 2024-03-31 | $5.1M | −$435,144 | −7.92% |
| Q4 2023 | 2023-12-31 | $4.8M | $78,279 | +1.67% |
| Q3 2023 | 2023-09-30 | $5.6M | $987,394 | +21.40% |
| Q2 2023 | 2023-06-30 | $5.7M | $1.2M | +27.19% |
| Q1 2023 | 2023-03-31 | $5.5M | $1.4M | +33.11% |
| Q4 2022 | 2022-12-31 | $4.7M | $1.3M | +38.88% |
| Q3 2022 | 2022-09-30 | $4.6M | $2.2M | +92.54% |
| Q2 2022 | 2022-06-30 | $4.5M | $2.4M | +113.20% |
| Q1 2022 | 2022-03-31 | $4.1M | $2.2M | +112.20% |
| Q4 2021 | 2021-12-31 | $3.4M | — | — |
| Q3 2021 | 2021-09-30 | $2.4M | — | — |
| Q2 2021 | 2021-06-30 | $2.1M | — | — |
| Q1 2021 | 2021-03-31 | $1.9M | — | — |
Guerrilla RF operating expenses trends
Over the last five fiscal years, Guerrilla RF's operating expenses increased from $6.7M to $19.5M, a change of $12.8M. The latest reported quarter, Q2 2026, shows $4.7M.
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 Guerrilla RF source filings ↗