TOP Financial Group Operating Expenses Growth & History (TOP)
TOP Financial Group's operating expenses was $5.9M for fiscal 2026.
View full TOP Financial Group company overviewTOP Financial Group annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-03-31 | $5.9M | −$3.3M | −35.52% |
| 2025 | 2025-03-31 | $9.2M | $2.1M | +29.84% |
| 2024 | 2024-03-31 | $7.0M | $783,119 | +12.50% |
| 2023 | 2023-03-31 | $6.3M | $2.0M | +47.77% |
| 2022 | 2022-03-31 | $4.2M | −$7.6M | −64.04% |
| 2021 | 2021-03-31 | $11.8M | −$2.1M | −15.19% |
| 2020 | 2020-03-31 | $13.9M | — | — |
TOP Financial Group quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-06-30 | $1.5M | $216,253 | +17.34% |
| Q2 2026 | 2025-09-30 | $1.4M | — | — |
| Q1 2026 | 2025-06-30 | $1.2M | — | — |
TOP Financial Group operating expenses trends
Over the last five fiscal years, TOP Financial Group's operating expenses decreased from $11.8M to $5.9M, a change of −$5.9M. The latest reported quarter, Q1 2027, shows $1.5M.
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 TOP Financial Group source filings ↗