It Tech Packaging Operating Expenses Growth & History (ITP)
It Tech Packaging's operating expenses was $14.9M for fiscal 2024.
View full It Tech Packaging company overviewIt Tech Packaging annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | $14.9M | $4.3M | +40.91% |
| 2023 | 2023-12-31 | $10.6M | $517,050 | +5.14% |
| 2022 | 2022-12-31 | $10.1M | $500,533 | +5.24% |
| 2021 | 2021-12-31 | $9.6M | −$1.6M | −14.34% |
| 2020 | 2020-12-31 | $11.2M | $1.4M | +14.07% |
| 2019 | 2019-12-31 | $9.8M | −$7.2M | −42.47% |
| 2018 | 2018-12-31 | $17.0M | $1.7M | +11.31% |
| 2017 | 2017-12-31 | $15.3M | $2.7M | +21.43% |
| 2016 | 2016-12-31 | $12.6M | $2.9M | +30.18% |
| 2015 | 2015-12-31 | $9.7M | $4.3M | +80.12% |
| 2014 | 2014-12-31 | $5.4M | $883,135 | +19.70% |
| 2013 | 2013-12-31 | $4.5M | −$1.6M | −26.25% |
| 2012 | 2012-12-31 | $6.1M | $3.2M | +114.10% |
| 2011 | 2011-12-31 | $2.8M | −$1.4M | −32.24% |
| 2010 | 2010-12-31 | $4.2M | $2.2M | +106.47% |
| 2009 | 2009-12-31 | $2.0M | — | — |
It Tech Packaging quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q3 2025 | 2025-09-30 | $3.0M | −$367,024 | −10.85% |
| Q2 2025 | 2025-06-30 | $3.0M | $319,227 | +11.75% |
| Q1 2025 | 2025-03-31 | $3.5M | −$439,462 | −11.27% |
| Q4 2024 | 2024-12-31 | $4.9M | $852,046 | +21.04% |
| Q3 2024 | 2024-09-30 | $3.4M | $1.1M | +45.05% |
| Q2 2024 | 2024-06-30 | $2.7M | $1.0M | +59.99% |
| Q1 2024 | 2024-03-31 | $3.9M | $1.4M | +56.32% |
| Q4 2023 | 2023-12-31 | $4.1M | $2.5M | +166.92% |
| Q3 2023 | 2023-09-30 | $2.3M | −$1.0M | −30.83% |
| Q2 2023 | 2023-06-30 | $1.7M | −$171,261 | −9.16% |
| Q1 2023 | 2023-03-31 | $2.5M | −$805,519 | −24.40% |
| Q4 2022 | 2022-12-31 | $1.5M | −$868,196 | −36.39% |
| Q3 2022 | 2022-09-30 | $3.4M | $1.4M | +66.89% |
| Q2 2022 | 2022-06-30 | $1.9M | −$727,809 | −28.02% |
| Q1 2022 | 2022-03-31 | $3.3M | $745,563 | +29.18% |
| Q4 2021 | 2021-12-31 | $2.4M | −$326,738 | −12.05% |
| Q3 2021 | 2021-09-30 | $2.0M | −$371,355 | −15.53% |
| Q2 2021 | 2021-06-30 | $2.6M | −$759,861 | −22.63% |
| Q1 2021 | 2021-03-31 | $2.6M | −$141,645 | −5.25% |
| Q4 2020 | 2020-12-31 | $2.7M | $314,075 | +13.10% |
| Q3 2020 | 2020-09-30 | $2.4M | $365,494 | +18.05% |
| Q2 2020 | 2020-06-30 | $3.4M | $981,010 | +41.28% |
| Q1 2020 | 2020-03-31 | $2.7M | −$284,510 | −9.54% |
| Q4 2019 | 2019-12-31 | $2.4M | −$4.9M | −67.24% |
| Q3 2019 | 2019-09-30 | $2.0M | −$804,270 | −28.42% |
| Q2 2019 | 2019-06-30 | $2.4M | −$650,690 | −21.50% |
| Q1 2019 | 2019-03-31 | $3.0M | −$842,697 | −22.04% |
| Q4 2018 | 2018-12-31 | $7.3M | $2.0M | +38.38% |
| Q3 2018 | 2018-09-30 | $2.8M | −$1.7M | −37.14% |
| Q2 2018 | 2018-06-30 | $3.0M | $326,502 | +12.09% |
| Q1 2018 | 2018-03-31 | $3.8M | $1.0M | +37.44% |
| Q4 2017 | 2017-12-31 | $5.3M | $2.4M | +81.63% |
| Q3 2017 | 2017-09-30 | $4.5M | $1.9M | +73.16% |
| Q2 2017 | 2017-06-30 | $2.7M | −$20,582 | −0.76% |
| Q1 2017 | 2017-03-31 | $2.8M | −$1.6M | −35.98% |
| Q4 2016 | 2016-12-31 | $2.9M | $604,292 | +26.17% |
| Q3 2016 | 2016-09-30 | $2.6M | −$1.2M | −31.85% |
| Q2 2016 | 2016-06-30 | $2.7M | $887,263 | +48.38% |
| Q1 2016 | 2016-03-31 | $4.3M | $2.6M | +154.70% |
| Q4 2015 | 2015-12-31 | $2.3M | $323,212 | +16.28% |
| Q3 2015 | 2015-09-30 | $3.8M | $2.3M | +157.49% |
| Q2 2015 | 2015-06-30 | $1.8M | $844,669 | +85.38% |
| Q1 2015 | 2015-03-31 | $1.7M | $797,477 | +87.74% |
| Q4 2014 | 2014-12-31 | $2.0M | $149,386 | +8.14% |
| Q3 2014 | 2014-09-30 | $1.5M | $609,255 | +69.85% |
| Q2 2014 | 2014-06-30 | $989,300 | $102,744 | +11.59% |
| Q1 2014 | 2014-03-31 | $908,916 | $21,750 | +2.45% |
| Q4 2013 | 2013-12-31 | $1.8M | −$1.9M | −50.22% |
| Q3 2013 | 2013-09-30 | $872,292 | $213,657 | +32.44% |
| Q2 2013 | 2013-06-30 | $886,556 | $200,426 | +29.21% |
| Q1 2013 | 2013-03-31 | $887,166 | −$157,506 | −15.08% |
| Q4 2012 | 2012-12-31 | $3.7M | $3.0M | +406.73% |
| Q3 2012 | 2012-09-30 | $658,635 | $196,863 | +42.63% |
| Q2 2012 | 2012-06-30 | $686,130 | −$34,156 | −4.74% |
| Q1 2012 | 2012-03-31 | $1.0M | $115,825 | +12.47% |
| Q4 2011 | 2011-12-31 | $727,825 | — | — |
| Q3 2011 | 2011-09-30 | $461,772 | −$636,034 | −57.94% |
| Q2 2011 | 2011-06-30 | $720,286 | −$1.0M | −58.14% |
| Q1 2011 | 2011-03-31 | $928,847 | — | — |
| Q3 2010 | 2010-09-30 | $1.1M | — | — |
| Q2 2010 | 2010-06-30 | $1.7M | — | — |
It Tech Packaging operating expenses trends
Over the last five fiscal years, It Tech Packaging's operating expenses increased from $9.8M to $14.9M, a change of $5.1M. The latest reported quarter, Q3 2025, shows $3.0M.
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 It Tech Packaging source filings ↗