It Tech Packaging Operating Expenses Growth & History (ITP)

It Tech Packaging's operating expenses was $14.9M for fiscal 2024.

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It Tech Packaging annual operating expenses history

It Tech Packaging annual operating expenses

Fiscal yearPeriod endedOperating expensesChangeGrowth
20242024-12-31$14.9M$4.3M+40.91%
20232023-12-31$10.6M$517,050+5.14%
20222022-12-31$10.1M$500,533+5.24%
20212021-12-31$9.6M−$1.6M−14.34%
20202020-12-31$11.2M$1.4M+14.07%
20192019-12-31$9.8M−$7.2M−42.47%
20182018-12-31$17.0M$1.7M+11.31%
20172017-12-31$15.3M$2.7M+21.43%
20162016-12-31$12.6M$2.9M+30.18%
20152015-12-31$9.7M$4.3M+80.12%
20142014-12-31$5.4M$883,135+19.70%
20132013-12-31$4.5M−$1.6M−26.25%
20122012-12-31$6.1M$3.2M+114.10%
20112011-12-31$2.8M−$1.4M−32.24%
20102010-12-31$4.2M$2.2M+106.47%
20092009-12-31$2.0M

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.

About the metric

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.

Calculation and source

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 ↗

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