Rand Capital annual operating expenses
2021
2022
2023
2024
2025
Rand Capital Operating Expenses Growth & History (RAND)
Rand Capital's operating expenses was $1.2M for fiscal 2025.
View full Rand Capital company overviewRand Capital annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.2M | −$3.6M | −75.43% |
| 2024 | 2024-12-31 | $4.8M | $658,963 | +15.77% |
| 2023 | 2023-12-31 | $4.2M | $3.1M | +273.32% |
| 2022 | 2022-12-31 | $1.1M | −$5.6M | −83.22% |
| 2021 | 2021-12-31 | $6.7M | — | — |
Rand Capital quarterly operating expenses
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
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 | $647,390 | −$216,769 | −25.08% |
| Q1 2026 | 2026-03-31 | $641,917 | −$149,148 | −18.85% |
| Q4 2025 | 2025-12-31 | $2.0M | — | — |
| Q3 2025 | 2025-09-30 | $596,203 | −$737,727 | −55.30% |
| Q2 2025 | 2025-06-30 | $864,159 | −$1.8M | −67.42% |
| Q1 2025 | 2025-03-31 | $791,065 | −$435,791 | −35.52% |
| Q3 2024 | 2024-09-30 | $1.3M | $523,994 | +64.70% |
| Q2 2024 | 2024-06-30 | $2.7M | $1.3M | +103.01% |
| Q1 2024 | 2024-03-31 | $1.2M | $179,011 | +17.08% |
| Q4 2023 | 2023-12-31 | $1.0M | $835,103 | +467.34% |
| Q3 2023 | 2023-09-30 | $809,936 | $310,977 | +62.33% |
| Q2 2023 | 2023-06-30 | $1.3M | $1.2M | +1258.39% |
| Q1 2023 | 2023-03-31 | $1.0M | $702,467 | +203.39% |
| Q4 2022 | 2022-12-31 | $178,694 | — | — |
| Q3 2022 | 2022-09-30 | $498,959 | — | — |
| Q2 2022 | 2022-06-30 | $96,198 | — | — |
| Q1 2022 | 2022-03-31 | $345,378 | — | — |
Rand Capital operating expenses trends
Between the periods ended 2021-12-31 and 2025-12-31, Rand Capital's operating expenses decreased from $6.7M to $1.2M, a change of −$5.5M. The latest reported quarter, Q2 2026, shows $647,390.
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 Rand Capital source filings ↗