IGC Pharma Operating Expenses Growth & History (IGC)
IGC Pharma's operating expenses was $8.0M for fiscal 2025.
View full IGC Pharma company overviewIGC Pharma annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 · Dec 31 | 2025-12-31 | $8.0M | — | — |
| 2025 · Mar 31 | 2025-03-31 | $8.1M | −$2.5M | −23.42% |
| 2024 | 2024-03-31 | $10.5M | −$1.5M | −12.34% |
| 2023 | 2023-03-31 | $12.0M | −$3.6M | −23.10% |
| 2022 | 2022-03-31 | $15.6M | $6.8M | +76.78% |
| 2021 | 2021-03-31 | $8.8M | $1.9M | +26.62% |
| 2020 | 2020-03-31 | $7.0M | $2.2M | +46.16% |
| 2019 | 2019-03-31 | $4.8M | $2.9M | +155.21% |
| 2018 | 2018-03-31 | $1.9M | −$401,622 | −17.67% |
| 2017 | 2017-03-31 | $2.3M | −$1.5M | −39.38% |
| 2016 | 2016-03-31 | $3.7M | −$1.2M | −23.83% |
| 2015 | 2015-03-31 | $4.9M | $2.0M | +69.18% |
| 2014 | 2014-03-31 | $2.9M | −$1.1M | −27.57% |
| 2013 | 2013-03-31 | $4.0M | −$2.9M | −41.73% |
| 2012 | 2012-03-31 | $6.9M | −$9.2M | −57.04% |
| 2011 | 2011-03-31 | $16.0M | — | — |
IGC Pharma quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 · Jun 30 | 2026-06-30 | $2.8M | $773,000 | +37.54% |
| Q1 2026 · Mar 31 | 2026-03-31 | $2.5M | $946,000 | +60.37% |
| Q4 2025 | 2025-12-31 | $1.4M | −$564,000 | −28.46% |
| Q2 2026 · Sep 30 | 2025-09-30 | $3.0M | $1.0M | +53.12% |
| Q1 2026 · Jun 30 | 2025-06-30 | $2.1M | −$500,000 | −19.54% |
| Q4 2025 | 2025-03-31 | $1.6M | −$774,000 | −33.06% |
| Q3 2025 | 2024-12-31 | $2.0M | −$1.1M | −36.70% |
| Q2 2025 | 2024-09-30 | $2.0M | −$707,000 | −26.53% |
| Q1 2025 | 2024-06-30 | $2.6M | $165,000 | +6.89% |
| Q4 2024 | 2024-03-31 | $2.3M | −$1.7M | −42.42% |
| Q3 2024 | 2023-12-31 | $3.1M | $751,000 | +31.55% |
| Q2 2024 | 2023-09-30 | $2.7M | $42,000 | +1.60% |
| Q1 2024 | 2023-06-30 | $2.4M | −$550,000 | −18.68% |
| Q4 2023 | 2023-03-31 | $4.1M | −$2.5M | −38.10% |
| Q3 2023 | 2022-12-31 | $2.4M | −$67,000 | −2.74% |
| Q2 2023 | 2022-09-30 | $2.6M | −$1.8M | −40.20% |
| Q1 2023 | 2022-06-30 | $2.9M | $724,000 | +32.61% |
| Q4 2022 | 2022-03-31 | $6.6M | $3.8M | +133.11% |
| Q3 2022 | 2021-12-31 | $2.4M | $107,000 | +4.57% |
| Q2 2022 | 2021-09-30 | $4.4M | $2.7M | +157.70% |
| Q1 2022 | 2021-06-30 | $2.2M | $243,000 | +12.29% |
| Q4 2021 | 2021-03-31 | $2.8M | $359,000 | +14.60% |
| Q3 2021 | 2020-12-31 | $2.3M | $632,000 | +37.00% |
| Q2 2021 | 2020-09-30 | $1.7M | $386,000 | +29.33% |
| Q1 2021 | 2020-06-30 | $2.0M | $481,000 | +32.15% |
| Q4 2020 | 2020-03-31 | $2.5M | $733,000 | +42.47% |
| Q3 2020 | 2019-12-31 | $1.7M | $85,000 | +5.24% |
| Q2 2020 | 2019-09-30 | $1.3M | $443,000 | +50.74% |
| Q1 2020 | 2019-06-30 | $1.5M | $943,000 | +170.52% |
| Q4 2019 | 2019-03-31 | $1.7M | $1.1M | +196.72% |
| Q3 2019 | 2018-12-31 | $1.6M | $1.1M | +216.99% |
| Q2 2019 | 2018-09-30 | $873,000 | $538,000 | +160.60% |
| Q1 2019 | 2018-06-30 | $553,000 | $110,685 | +25.02% |
| Q4 2018 | 2018-03-31 | $581,685 | −$150,147 | −20.52% |
| Q3 2018 | 2017-12-31 | $512,000 | −$2,084 | −0.41% |
| Q2 2018 | 2017-09-30 | $335,000 | −$286,262 | −46.08% |
| Q1 2018 | 2017-06-30 | $442,315 | $36,871 | +9.09% |
| Q4 2017 | 2017-03-31 | $731,832 | −$1.3M | −63.99% |
| Q3 2017 | 2016-12-31 | $514,084 | −$66,916 | −11.52% |
| Q2 2017 | 2016-09-30 | $621,262 | −$52,946 | −7.85% |
| Q1 2017 | 2016-06-30 | $405,444 | −$55,933 | −12.12% |
| Q4 2016 | 2016-03-31 | $2.0M | −$18,128 | −0.88% |
| Q3 2016 | 2015-12-31 | $581,000 | −$117,276 | −16.80% |
| Q2 2016 | 2015-09-30 | $674,208 | −$272,374 | −28.77% |
| Q1 2016 | 2015-06-30 | $461,377 | −$765,198 | −62.38% |
| Q4 2015 | 2015-03-31 | $2.1M | $516,225 | +33.65% |
| Q3 2015 | 2014-12-31 | $698,276 | $394,520 | +129.88% |
| Q2 2015 | 2014-09-30 | $946,582 | $323,781 | +51.99% |
| Q1 2015 | 2014-06-30 | $1.2M | $778,156 | +173.53% |
| Q4 2014 | 2014-03-31 | $1.5M | −$1.1M | −41.37% |
| Q3 2014 | 2013-12-31 | $303,756 | $15,182 | +5.26% |
| Q2 2014 | 2013-09-30 | $622,801 | $35,893 | +6.12% |
| Q1 2014 | 2013-06-30 | $448,419 | −$75,950 | −14.48% |
| Q4 2013 | 2013-03-31 | $2.6M | −$1.8M | −40.11% |
| Q3 2013 | 2012-12-31 | $288,574 | −$722,676 | −71.46% |
| Q2 2013 | 2012-09-30 | $586,908 | −$141,088 | −19.38% |
| Q1 2013 | 2012-06-30 | $524,369 | −$260,016 | −33.15% |
| Q4 2012 | 2012-03-31 | $4.4M | −$8.6M | −66.35% |
| Q3 2012 | 2011-12-31 | $1.0M | −$505,271 | −33.32% |
| Q2 2012 | 2011-09-30 | $727,996 | −$136,647 | −15.80% |
| Q1 2012 | 2011-06-30 | $784,385 | $107,045 | +15.80% |
| Q4 2011 | 2011-03-31 | $13.0M | — | — |
| Q3 2011 | 2010-12-31 | $1.5M | — | — |
| Q2 2011 | 2010-09-30 | $864,643 | — | — |
| Q1 2011 | 2010-06-30 | $677,340 | — | — |
IGC Pharma operating expenses trends
Between the periods ended 2011-03-31 and 2025-12-31, IGC Pharma's operating expenses decreased from $16.0M to $8.0M, a change of −$8.0M. The latest reported quarter, Q2 2026 · Jun 30, shows $2.8M.
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 IGC Pharma source filings ↗