SHF Holdings Operating Expenses Growth & History (SHFS)
SHF Holdings's operating expenses was $13.1M for fiscal 2025.
View full SHF Holdings company overviewSHF Holdings annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $13.1M | −$9.3M | −41.47% |
| 2024 | 2024-12-31 | $22.3M | −$16.0M | −41.68% |
| 2023 | 2023-12-31 | $38.3M | $26.6M | +227.95% |
| 2022 | 2022-12-31 | $11.7M | $8.0M | +214.00% |
| 2021 | 2021-12-31 | $3.7M | — | — |
SHF Holdings quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $3.0M | $144,718 | +5.14% |
| Q1 2026 | 2026-03-31 | $3.7M | −$185,052 | −4.72% |
| Q4 2025 | 2025-12-31 | $3.3M | −$8.3M | −71.63% |
| Q3 2025 | 2025-09-30 | $3.1M | −$254,705 | −7.70% |
| Q2 2025 | 2025-06-30 | $2.8M | −$920,996 | −24.64% |
| Q1 2025 | 2025-03-31 | $3.9M | $197,989 | +5.31% |
| Q4 2024 | 2024-12-31 | $11.6M | $5.4M | +86.38% |
| Q3 2024 | 2024-09-30 | $3.3M | −$495,804 | −13.04% |
| Q2 2024 | 2024-06-30 | $3.7M | −$18.7M | −83.38% |
| Q1 2024 | 2024-03-31 | $3.7M | −$2.1M | −35.78% |
| Q4 2023 | 2023-12-31 | $6.2M | −$1.2M | −16.56% |
| Q3 2023 | 2023-09-30 | $3.8M | $2.2M | +144.65% |
| Q2 2023 | 2023-06-30 | $22.5M | $21.0M | +1382.76% |
| Q1 2023 | 2023-03-31 | $5.8M | $4.6M | +396.11% |
| Q4 2022 | 2022-12-31 | $7.4M | — | — |
| Q3 2022 | 2022-09-30 | $1.6M | $783,060 | +101.59% |
| Q2 2022 | 2022-06-30 | $1.5M | — | — |
| Q1 2022 | 2022-03-31 | $1.2M | — | — |
| Q3 2021 | 2021-09-30 | $770,798 | — | — |
SHF Holdings operating expenses trends
Between the periods ended 2021-12-31 and 2025-12-31, SHF Holdings's operating expenses increased from $3.7M to $13.1M, a change of $9.4M. The latest reported quarter, Q2 2026, shows $3.0M.
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 SHF Holdings source filings ↗