QS Energy Operating Expenses Growth & History (QSEP)
QS Energy's operating expenses was $14.9M for fiscal 2025.
View full QS Energy company overviewQS Energy annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $14.9M | $13.3M | +846.89% |
| 2024 | 2024-12-31 | $1.6M | $685,000 | +76.88% |
| 2023 | 2023-12-31 | $891,000 | −$360,000 | −28.78% |
| 2022 | 2022-12-31 | $1.3M | — | — |
| 2020 | 2020-12-31 | $1.5M | −$691,000 | −32.01% |
| 2019 | 2019-12-31 | $2.2M | $306,000 | +16.51% |
| 2018 | 2018-12-31 | $1.9M | −$1.1M | −36.93% |
| 2017 | 2017-12-31 | $2.9M | $835,000 | +39.71% |
| 2016 | 2016-12-31 | $2.1M | −$812,000 | −27.86% |
| 2015 | 2015-12-31 | $2.9M | −$369,666 | −11.25% |
| 2014 | 2014-12-31 | $3.3M | −$8.6M | −72.36% |
| 2013 | 2013-12-31 | $11.9M | $4.7M | +65.34% |
| 2012 | 2012-12-31 | $7.2M | $489,789 | +7.31% |
| 2011 | 2011-12-31 | $6.7M | $2.4M | +56.00% |
| 2010 | 2010-12-31 | $4.3M | — | — |
QS Energy quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q1 2026 | 2026-03-31 | $737,000 | −$8.8M | −92.29% |
| Q4 2025 | 2025-12-31 | $1.5M | — | — |
| Q3 2025 | 2025-09-30 | $1.9M | — | — |
| Q2 2025 | 2025-06-30 | $2.0M | — | — |
| Q1 2025 | 2025-03-31 | $9.6M | — | — |
| Q1 2021 | 2021-03-31 | $214,000 | −$318,000 | −59.77% |
| Q4 2020 | 2020-12-31 | $226,000 | −$307,000 | −57.60% |
| Q3 2020 | 2020-09-30 | $297,000 | −$196,000 | −39.76% |
| Q2 2020 | 2020-06-30 | $413,000 | −$242,000 | −36.95% |
| Q1 2020 | 2020-03-31 | $532,000 | $54,000 | +11.30% |
| Q4 2019 | 2019-12-31 | $533,000 | $67,000 | +14.38% |
| Q3 2019 | 2019-09-30 | $493,000 | $62,000 | +14.39% |
| Q2 2019 | 2019-06-30 | $655,000 | $193,000 | +41.77% |
| Q1 2019 | 2019-03-31 | $478,000 | −$16,000 | −3.24% |
| Q4 2018 | 2018-12-31 | $466,000 | −$99,000 | −17.52% |
| Q3 2018 | 2018-09-30 | $431,000 | −$104,000 | −19.44% |
| Q2 2018 | 2018-06-30 | $462,000 | −$118,000 | −20.34% |
| Q1 2018 | 2018-03-31 | $494,000 | −$764,000 | −60.73% |
| Q4 2017 | 2017-12-31 | $565,000 | $190,000 | +50.67% |
| Q3 2017 | 2017-09-30 | $535,000 | $68,000 | +14.56% |
| Q2 2017 | 2017-06-30 | $580,000 | −$46,000 | −7.35% |
| Q1 2017 | 2017-03-31 | $1.3M | $623,000 | +98.11% |
| Q4 2016 | 2016-12-31 | $375,000 | −$130,449 | −25.81% |
| Q3 2016 | 2016-09-30 | $467,000 | −$260,587 | −35.82% |
| Q2 2016 | 2016-06-30 | $626,000 | −$200,512 | −24.26% |
| Q1 2016 | 2016-03-31 | $635,000 | −$220,452 | −25.77% |
| Q4 2015 | 2015-12-31 | $505,449 | −$179,122 | −26.17% |
| Q3 2015 | 2015-09-30 | $727,587 | −$22,093 | −2.95% |
| Q2 2015 | 2015-06-30 | $826,512 | −$98,916 | −10.69% |
| Q1 2015 | 2015-03-31 | $855,452 | −$69,535 | −7.52% |
| Q4 2014 | 2014-12-31 | $684,571 | −$6.7M | −90.78% |
| Q3 2014 | 2014-09-30 | $749,680 | −$1.0M | −57.18% |
| Q2 2014 | 2014-06-30 | $925,428 | −$616,438 | −39.98% |
| Q1 2014 | 2014-03-31 | $924,987 | −$243,397 | −20.83% |
| Q4 2013 | 2013-12-31 | $7.4M | $6.9M | +1296.08% |
| Q3 2013 | 2013-09-30 | $1.8M | −$678,387 | −27.93% |
| Q2 2013 | 2013-06-30 | $1.5M | −$815,287 | −34.59% |
| Q1 2013 | 2013-03-31 | $1.2M | −$701,521 | −37.52% |
| Q4 2012 | 2012-12-31 | $531,759 | −$1.5M | −74.16% |
| Q3 2012 | 2012-09-30 | $2.4M | $299,880 | +14.08% |
| Q2 2012 | 2012-06-30 | $2.4M | $928,902 | +65.04% |
| Q1 2012 | 2012-03-31 | $1.9M | $786,921 | +72.66% |
| Q4 2011 | 2011-12-31 | $2.1M | — | — |
| Q3 2011 | 2011-09-30 | $2.1M | $1.7M | +446.64% |
| Q2 2011 | 2011-06-30 | $1.4M | $369,818 | +34.94% |
| Q1 2011 | 2011-03-31 | $1.1M | — | — |
| Q3 2010 | 2010-09-30 | $389,519 | — | — |
| Q2 2010 | 2010-06-30 | $1.1M | — | — |
QS Energy operating expenses trends
Over the last five fiscal years, QS Energy's operating expenses increased from $1.5M to $14.9M, a change of $13.5M. The latest reported quarter, Q1 2026, shows $737,000.
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 QS Energy source filings ↗