Smartfinancial Operating Expenses Growth & History (SMBK)
Smartfinancial's operating expenses was $131.2M for fiscal 2025.
View full Smartfinancial company overviewSmartfinancial annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $131.2M | $10.3M | +8.53% |
| 2024 | 2024-12-31 | $120.9M | $7.7M | +6.84% |
| 2023 | 2023-12-31 | $113.2M | $6.9M | +6.45% |
| 2022 | 2022-12-31 | $106.3M | $14.9M | +16.30% |
| 2021 | 2021-12-31 | $91.4M | $14.7M | +19.12% |
| 2020 | 2020-12-31 | $76.7M | $13.6M | +21.49% |
| 2019 | 2019-12-31 | $63.2M | $4.2M | +7.11% |
| 2018 | 2018-12-31 | $59.0M | $19.8M | +50.67% |
| 2017 | 2017-12-31 | $39.1M | $6.6M | +20.40% |
| 2016 | 2016-12-31 | $32.5M | $9.3M | +40.29% |
| 2015 | 2015-12-31 | $23.2M | $6.7M | +40.88% |
| 2014 | 2014-12-31 | $16.4M | $2.6M | +18.75% |
| 2013 | 2013-12-31 | $13.8M | $668,521 | +5.07% |
| 2012 | 2012-12-31 | $13.2M | −$473,634 | −3.47% |
| 2011 | 2011-12-31 | $13.7M | −$4.4M | −24.34% |
| 2010 | 2010-12-31 | $18.0M | $2.0M | +12.33% |
| 2009 | 2009-12-31 | $16.1M | — | — |
Smartfinancial quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $34.0M | $1.4M | +4.26% |
| Q1 2026 | 2026-03-31 | $32.9M | $619,000 | +1.92% |
| Q4 2025 | 2025-12-31 | $32.5M | $181,000 | +0.56% |
| Q3 2025 | 2025-09-30 | $33.9M | $3.0M | +9.80% |
| Q2 2025 | 2025-06-30 | $32.6M | $3.4M | +11.53% |
| Q1 2025 | 2025-03-31 | $32.3M | $3.7M | +13.11% |
| Q4 2024 | 2024-12-31 | $32.3M | $2.6M | +8.74% |
| Q3 2024 | 2024-09-30 | $30.8M | $2.3M | +8.17% |
| Q2 2024 | 2024-06-30 | $29.2M | $1.8M | +6.53% |
| Q1 2024 | 2024-03-31 | $28.6M | $1.0M | +3.72% |
| Q4 2023 | 2023-12-31 | $29.7M | $2.3M | +8.31% |
| Q3 2023 | 2023-09-30 | $28.5M | $1.3M | +4.72% |
| Q2 2023 | 2023-06-30 | $27.4M | $1.5M | +5.72% |
| Q1 2023 | 2023-03-31 | $27.5M | $1.8M | +7.04% |
| Q4 2022 | 2022-12-31 | $27.4M | −$405,000 | −1.46% |
| Q3 2022 | 2022-09-30 | $27.2M | $3.9M | +16.82% |
| Q2 2022 | 2022-06-30 | $25.9M | $5.1M | +24.66% |
| Q1 2022 | 2022-03-31 | $25.7M | $6.3M | +32.13% |
| Q4 2021 | 2021-12-31 | $27.8M | $7.9M | +39.43% |
| Q3 2021 | 2021-09-30 | $23.3M | $4.1M | +21.61% |
| Q2 2021 | 2021-06-30 | $20.8M | $2.0M | +10.59% |
| Q1 2021 | 2021-03-31 | $19.5M | $671,000 | +3.57% |
| Q4 2020 | 2020-12-31 | $20.0M | $3.9M | +24.28% |
| Q3 2020 | 2020-09-30 | $19.2M | $4.5M | +30.32% |
| Q2 2020 | 2020-06-30 | $18.8M | $2.0M | +11.88% |
| Q1 2020 | 2020-03-31 | $18.8M | $3.2M | +20.63% |
| Q4 2019 | 2019-12-31 | $16.1M | $351,491 | +2.24% |
| Q3 2019 | 2019-09-30 | $14.7M | −$52,000 | −0.35% |
| Q2 2019 | 2019-06-30 | $16.8M | $1.5M | +10.07% |
| Q1 2019 | 2019-03-31 | $15.6M | $2.4M | +17.82% |
| Q4 2018 | 2018-12-31 | $15.7M | $3.1M | +24.97% |
| Q3 2018 | 2018-09-30 | $14.8M | $5.2M | +54.16% |
| Q2 2018 | 2018-06-30 | $15.3M | $6.4M | +72.97% |
| Q1 2018 | 2018-03-31 | $13.2M | $5.1M | +62.03% |
| Q4 2017 | 2017-12-31 | $12.6M | $4.5M | +56.57% |
| Q3 2017 | 2017-09-30 | $9.6M | $1.5M | +18.94% |
| Q2 2017 | 2017-06-30 | $8.8M | $356,337 | +4.21% |
| Q1 2017 | 2017-03-31 | $8.2M | $208,578 | +2.62% |
| Q4 2016 | 2016-12-31 | $8.0M | −$25,828 | −0.32% |
| Q3 2016 | 2016-09-30 | $8.0M | $1.6M | +23.97% |
| Q2 2016 | 2016-06-30 | $8.5M | $4.1M | +95.20% |
| Q1 2016 | 2016-03-31 | $8.0M | $3.7M | +85.77% |
| Q4 2015 | 2015-12-31 | $8.1M | $4.4M | +119.72% |
| Q3 2015 | 2015-09-30 | $6.5M | $2.2M | +50.82% |
| Q2 2015 | 2015-06-30 | $4.3M | $1.3M | +40.70% |
| Q1 2015 | 2015-03-31 | $4.3M | $979,473 | +29.67% |
| Q4 2014 | 2014-12-31 | $3.7M | −$39,728 | −1.07% |
| Q3 2014 | 2014-09-30 | $4.3M | $840,886 | +24.27% |
| Q2 2014 | 2014-06-30 | $3.1M | −$616,919 | −16.67% |
| Q1 2014 | 2014-03-31 | $3.3M | $325,169 | +10.93% |
| Q4 2013 | 2013-12-31 | $3.7M | $226,852 | +6.52% |
| Q3 2013 | 2013-09-30 | $3.5M | $261,552 | +8.17% |
| Q2 2013 | 2013-06-30 | $3.7M | $278,369 | +8.13% |
| Q1 2013 | 2013-03-31 | $3.0M | −$98,252 | −3.20% |
| Q4 2012 | 2012-12-31 | $3.5M | −$23,353 | −0.67% |
| Q3 2012 | 2012-09-30 | $3.2M | $126,250 | +4.10% |
| Q2 2012 | 2012-06-30 | $3.4M | −$234,048 | −6.40% |
| Q1 2012 | 2012-03-31 | $3.1M | −$342,483 | −10.02% |
| Q4 2011 | 2011-12-31 | $3.5M | — | — |
| Q3 2011 | 2011-09-30 | $3.1M | −$1.1M | −26.90% |
| Q2 2011 | 2011-06-30 | $3.7M | −$226,952 | −5.84% |
| Q1 2011 | 2011-03-31 | $3.4M | — | — |
| Q3 2010 | 2010-09-30 | $4.2M | — | — |
| Q2 2010 | 2010-06-30 | $3.9M | — | — |
Smartfinancial operating expenses trends
Over the last five fiscal years, Smartfinancial's operating expenses increased from $76.7M to $131.2M, a change of $54.5M. The latest reported quarter, Q2 2026, shows $34.0M.
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 Smartfinancial source filings ↗