Latch annual operating expenses
2019
2020
2021
2022
2023
2024
2025
Latch Operating Expenses Growth & History (LTCH)
Latch's operating expenses was $79.6M for fiscal 2025.
View full Latch company overviewLatch annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $79.6M | −$4.8M | −5.73% |
| 2024 | 2024-12-31 | $84.4M | −$38.2M | −31.15% |
| 2023 | 2023-12-31 | $122.6M | −$38.7M | −24.01% |
| 2022 | 2022-12-31 | $161.3M | $16.9M | +11.68% |
| 2021 | 2021-12-31 | $144.4M | $83.9M | +138.66% |
| 2020 | 2020-12-31 | $60.5M | $13.2M | +27.97% |
| 2019 | 2019-12-31 | $47.3M | — | — |
Latch quarterly operating expenses
Q2.20
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $14.9M | −$907,000 | −5.75% |
| Q1 2026 | 2026-03-31 | $13.8M | −$4.7M | −25.62% |
| Q4 2025 | 2025-12-31 | $31.2M | $14.5M | +86.31% |
| Q3 2025 | 2025-09-30 | $14.0M | −$9.4M | −40.14% |
| Q2 2025 | 2025-06-30 | $15.8M | −$8.0M | −33.51% |
| Q1 2025 | 2025-03-31 | $18.5M | −$1.9M | −9.50% |
| Q4 2024 | 2024-12-31 | $16.8M | −$5.2M | −23.79% |
| Q3 2024 | 2024-09-30 | $23.5M | −$11.2M | −32.39% |
| Q2 2024 | 2024-06-30 | $23.7M | −$11.5M | −32.68% |
| Q1 2024 | 2024-03-31 | $20.4M | −$10.2M | −33.26% |
| Q4 2023 | 2023-12-31 | $22.0M | −$4.7M | −17.67% |
| Q3 2023 | 2023-09-30 | $34.7M | $220,000 | +0.64% |
| Q2 2023 | 2023-06-30 | $35.3M | −$12.0M | −25.40% |
| Q1 2023 | 2023-03-31 | $30.6M | −$22.2M | −42.04% |
| Q4 2022 | 2022-12-31 | $26.7M | −$29.4M | −52.42% |
| Q3 2022 | 2022-09-30 | $34.5M | $1.4M | +4.30% |
| Q2 2022 | 2022-06-30 | $47.3M | $23.8M | +101.75% |
| Q1 2022 | 2022-03-31 | $52.9M | $21.1M | +66.22% |
| Q4 2021 | 2021-12-31 | $56.2M | — | — |
| Q3 2021 | 2021-09-30 | $33.1M | $18.4M | +125.56% |
| Q2 2021 | 2021-06-30 | $23.4M | $9.3M | +66.33% |
| Q1 2021 | 2021-03-31 | $31.8M | — | — |
| Q3 2020 | 2020-09-30 | $14.7M | — | — |
| Q2 2020 | 2020-06-30 | $14.1M | — | — |
Latch operating expenses trends
Over the last five fiscal years, Latch's operating expenses increased from $60.5M to $79.6M, a change of $19.0M. The latest reported quarter, Q2 2026, shows $14.9M.
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 Latch source filings ↗