Nortech Systems annual operating expenses
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Nortech Systems Operating Expenses Growth & History (NSYS)
Nortech Systems's operating expenses was $17.0M for fiscal 2025.
View full Nortech Systems company overviewNortech Systems annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $17.0M | $114,000 | +0.67% |
| 2024 | 2024-12-31 | $16.9M | −$234,000 | −1.36% |
| 2023 | 2023-12-31 | $17.2M | $559,000 | +3.37% |
| 2022 | 2022-12-31 | $16.6M | $3.0M | +22.07% |
| 2021 | 2021-12-31 | $13.6M | $3.3M | +32.21% |
| 2020 | 2020-12-31 | $10.3M | −$2.1M | −16.77% |
| 2019 | 2019-12-31 | $12.4M | $290,000 | +2.40% |
| 2018 | 2018-12-31 | $12.1M | −$1.3M | −9.89% |
| 2017 | 2017-12-31 | $13.4M | $174,813 | +1.32% |
| 2016 | 2016-12-31 | $13.2M | $730,108 | +5.85% |
| 2015 | 2015-12-31 | $12.5M | $476,486 | +3.97% |
| 2014 | 2014-12-31 | $12.0M | $343,633 | +2.95% |
| 2013 | 2013-12-31 | $11.7M | $727,238 | +6.65% |
| 2012 | 2012-12-31 | $10.9M | −$897,809 | −7.59% |
| 2011 | 2011-12-31 | $11.8M | $1.6M | +15.99% |
| 2010 | 2010-12-31 | $10.2M | — | — |
Nortech Systems quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $5.1M | $985,000 | +24.05% |
| Q1 2026 | 2026-03-31 | $4.7M | −$36,000 | −0.77% |
| Q4 2025 | 2025-12-31 | $4.2M | $116,000 | +2.86% |
| Q3 2025 | 2025-09-30 | $4.1M | −$222,000 | −5.16% |
| Q2 2025 | 2025-06-30 | $4.1M | −$178,000 | −4.17% |
| Q1 2025 | 2025-03-31 | $4.7M | $398,000 | +9.27% |
| Q4 2024 | 2024-12-31 | $4.0M | −$101,000 | −2.43% |
| Q3 2024 | 2024-09-30 | $4.3M | $107,000 | +2.55% |
| Q2 2024 | 2024-06-30 | $4.3M | −$102,000 | −2.33% |
| Q1 2024 | 2024-03-31 | $4.3M | −$138,000 | −3.11% |
| Q4 2023 | 2023-12-31 | $4.2M | −$205,000 | −4.71% |
| Q3 2023 | 2023-09-30 | $4.2M | −$188,000 | −4.29% |
| Q2 2023 | 2023-06-30 | $4.4M | $396,000 | +9.95% |
| Q1 2023 | 2023-03-31 | $4.4M | $556,000 | +14.35% |
| Q4 2022 | 2022-12-31 | $4.4M | $803,000 | +22.61% |
| Q3 2022 | 2022-09-30 | $4.4M | $1.3M | +40.26% |
| Q2 2022 | 2022-06-30 | $4.0M | $800,000 | +25.17% |
| Q1 2022 | 2022-03-31 | $3.9M | $139,000 | +3.72% |
| Q4 2021 | 2021-12-31 | $3.6M | −$692,000 | −16.31% |
| Q3 2021 | 2021-09-30 | $3.1M | $2.4M | +318.34% |
| Q2 2021 | 2021-06-30 | $3.2M | $503,000 | +18.80% |
| Q1 2021 | 2021-03-31 | $3.7M | $1.1M | +42.92% |
| Q4 2020 | 2020-12-31 | $4.2M | $1.4M | +49.91% |
| Q3 2020 | 2020-09-30 | $747,000 | −$2.2M | −74.44% |
| Q2 2020 | 2020-06-30 | $2.7M | −$858,000 | −24.28% |
| Q1 2020 | 2020-03-31 | $2.6M | −$451,000 | −14.71% |
| Q4 2019 | 2019-12-31 | $2.8M | −$262,000 | −8.47% |
| Q3 2019 | 2019-09-30 | $2.9M | $184,000 | +6.72% |
| Q2 2019 | 2019-06-30 | $3.5M | $451,000 | +14.63% |
| Q1 2019 | 2019-03-31 | $3.1M | −$83,000 | −2.64% |
| Q4 2018 | 2018-12-31 | $3.1M | −$820,000 | −20.96% |
| Q3 2018 | 2018-09-30 | $2.7M | −$494,000 | −15.28% |
| Q2 2018 | 2018-06-30 | $3.1M | −$187,000 | −5.72% |
| Q1 2018 | 2018-03-31 | $3.1M | $177,000 | +5.96% |
| Q4 2017 | 2017-12-31 | $3.9M | $688,282 | +21.34% |
| Q3 2017 | 2017-09-30 | $3.2M | −$364,213 | −10.13% |
| Q2 2017 | 2017-06-30 | $3.3M | $37,357 | +1.16% |
| Q1 2017 | 2017-03-31 | $3.0M | −$186,613 | −5.91% |
| Q4 2016 | 2016-12-31 | $3.2M | −$318,890 | −9.00% |
| Q3 2016 | 2016-09-30 | $3.6M | $639,982 | +21.65% |
| Q2 2016 | 2016-06-30 | $3.2M | $319,159 | +10.95% |
| Q1 2016 | 2016-03-31 | $3.2M | $89,857 | +2.93% |
| Q4 2015 | 2015-12-31 | $3.5M | $366,044 | +11.52% |
| Q3 2015 | 2015-09-30 | $3.0M | −$97,282 | −3.19% |
| Q2 2015 | 2015-06-30 | $2.9M | −$22,318 | −0.76% |
| Q1 2015 | 2015-03-31 | $3.1M | $230,042 | +8.11% |
| Q4 2014 | 2014-12-31 | $3.2M | $155,363 | +5.14% |
| Q3 2014 | 2014-09-30 | $3.1M | $414,115 | +15.69% |
| Q2 2014 | 2014-06-30 | $2.9M | −$49,756 | −1.67% |
| Q1 2014 | 2014-03-31 | $2.8M | −$176,089 | −5.84% |
| Q4 2013 | 2013-12-31 | $3.0M | −$3,179 | −0.11% |
| Q3 2013 | 2013-09-30 | $2.6M | $184,029 | +7.49% |
| Q2 2013 | 2013-06-30 | $3.0M | $212,390 | +7.66% |
| Q1 2013 | 2013-03-31 | $3.0M | $333,998 | +12.46% |
| Q4 2012 | 2012-12-31 | $3.0M | −$131,817 | −4.18% |
| Q3 2012 | 2012-09-30 | $2.5M | −$413,256 | −14.41% |
| Q2 2012 | 2012-06-30 | $2.8M | −$123,038 | −4.25% |
| Q1 2012 | 2012-03-31 | $2.7M | −$229,698 | −7.89% |
| Q4 2011 | 2011-12-31 | $3.2M | — | — |
| Q3 2011 | 2011-09-30 | $2.9M | $141,696 | +5.20% |
| Q2 2011 | 2011-06-30 | $2.9M | $270,559 | +10.30% |
| Q1 2011 | 2011-03-31 | $2.9M | — | — |
| Q3 2010 | 2010-09-30 | $2.7M | — | — |
| Q2 2010 | 2010-06-30 | $2.6M | — | — |
Nortech Systems operating expenses trends
Over the last five fiscal years, Nortech Systems's operating expenses increased from $10.3M to $17.0M, a change of $6.8M. The latest reported quarter, Q2 2026, shows $5.1M.
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.
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