Value Line annual operating expenses
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Value Line Operating Expenses Growth & History (VALU)
Value Line's operating expenses was $29.4M for fiscal 2026.
View full Value Line company overviewValue Line annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-04-30 | $29.4M | $322,000 | +1.11% |
| 2025 | 2025-04-30 | $29.1M | $748,000 | +2.64% |
| 2024 | 2024-04-30 | $28.3M | $121,000 | +0.43% |
| 2023 | 2023-04-30 | $28.2M | −$1.5M | −5.05% |
| 2022 | 2022-04-30 | $29.7M | −$3.1M | −9.53% |
| 2021 | 2021-04-30 | $32.9M | $1.6M | +5.28% |
| 2020 · Apr 30 | 2020-04-30 | $31.2M | $365,000 | +1.18% |
| 2019 · Apr 30 | 2019-04-30 | $30.8M | −$2.5M | −7.36% |
| 2018 | 2018-04-30 | $33.3M | −$1.9M | −5.51% |
| 2017 | 2017-04-30 | $35.2M | $2.6M | +7.87% |
| 2016 | 2016-04-30 | $32.7M | −$458,000 | −1.38% |
| 2015 | 2015-04-30 | $33.1M | −$706,000 | −2.09% |
| 2014 | 2014-04-30 | $33.8M | $2.1M | +6.65% |
| 2013 | 2013-04-30 | $31.7M | $449,000 | +1.44% |
| 2012 | 2012-04-30 | $31.3M | −$8.9M | −22.08% |
| 2011 | 2011-04-30 | $40.1M | −$50.2M | −55.57% |
| 2010 | 2010-04-30 | $90.3M | — | — |
Value Line quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-04-30 | $8.0M | $433,000 | +5.73% |
| Q3 2026 | 2026-01-31 | $7.3M | −$131,000 | −1.77% |
| Q2 2026 | 2025-10-31 | $7.0M | −$53,000 | −0.75% |
| Q1 2026 | 2025-07-31 | $7.1M | $73,000 | +1.04% |
| Q4 2025 | 2025-04-30 | $7.6M | $42,000 | +0.56% |
| Q3 2025 | 2025-01-31 | $7.4M | $504,000 | +7.31% |
| Q2 2025 | 2024-10-31 | $7.1M | $161,000 | +2.32% |
| Q1 2025 | 2024-07-31 | $7.0M | $41,000 | +0.59% |
| Q4 2024 | 2024-04-30 | $7.5M | $554,000 | +7.96% |
| Q3 2024 | 2024-01-31 | $6.9M | −$84,000 | −1.20% |
| Q2 2024 | 2023-10-31 | $6.9M | $43,000 | +0.62% |
| Q1 2024 | 2023-07-31 | $7.0M | −$392,000 | −5.31% |
| Q4 2023 | 2023-04-30 | $7.0M | −$244,000 | −3.39% |
| Q3 2023 | 2023-01-31 | $7.0M | −$400,000 | −5.42% |
| Q2 2023 | 2022-10-31 | $6.9M | −$343,000 | −4.74% |
| Q1 2023 | 2022-07-31 | $7.4M | −$513,000 | −6.49% |
| Q4 2022 | 2022-04-30 | $7.2M | −$1.7M | −18.92% |
| Q3 2022 | 2022-01-31 | $7.4M | −$464,000 | −5.91% |
| Q2 2022 | 2021-10-31 | $7.2M | −$786,000 | −9.80% |
| Q1 2022 | 2021-07-31 | $7.9M | −$201,000 | −2.48% |
| Q4 2021 | 2021-04-30 | $8.9M | $394,000 | +4.64% |
| Q3 2021 | 2021-01-31 | $7.8M | $173,000 | +2.25% |
| Q2 2021 | 2020-10-31 | $8.0M | $571,000 | +7.66% |
| Q1 2021 | 2020-07-31 | $8.1M | $510,000 | +6.72% |
| Q4 2020 | 2020-04-30 | $8.5M | $279,000 | +3.40% |
| Q3 2020 | 2020-01-31 | $7.7M | $35,000 | +0.46% |
| Q2 2020 | 2019-10-31 | $7.5M | $160,000 | +2.19% |
| Q1 2020 | 2019-07-31 | $7.6M | −$109,000 | −1.42% |
| Q4 2019 | 2019-04-30 | $8.2M | −$846,000 | −9.34% |
| Q3 2019 | 2019-01-31 | $7.6M | −$668,000 | −8.04% |
| Q2 2019 | 2018-10-31 | $7.3M | −$890,000 | −10.88% |
| Q1 2019 | 2018-07-31 | $7.7M | −$48,000 | −0.62% |
| Q4 2018 | 2018-04-30 | $9.1M | −$186,000 | −2.01% |
| Q3 2018 | 2018-01-31 | $8.3M | −$552,000 | −6.23% |
| Q2 2018 | 2017-10-31 | $8.2M | −$446,000 | −5.17% |
| Q1 2018 | 2017-07-31 | $7.7M | −$758,000 | −8.91% |
| Q4 2017 | 2017-04-30 | $9.2M | $305,000 | +3.41% |
| Q3 2017 | 2017-01-31 | $8.9M | $817,000 | +10.16% |
| Q2 2017 | 2016-10-31 | $8.6M | $816,000 | +10.45% |
| Q1 2017 | 2016-07-31 | $8.5M | $634,000 | +8.05% |
| Q4 2016 | 2016-04-30 | $8.9M | $51,000 | +0.57% |
| Q3 2016 | 2016-01-31 | $8.0M | $30,000 | +0.37% |
| Q2 2016 | 2015-10-31 | $7.8M | −$404,000 | −4.92% |
| Q1 2016 | 2015-07-31 | $7.9M | −$135,000 | −1.69% |
| Q4 2015 | 2015-04-30 | $8.9M | $175,000 | +2.01% |
| Q3 2015 | 2015-01-31 | $8.0M | −$254,000 | −3.07% |
| Q2 2015 | 2014-10-31 | $8.2M | −$152,000 | −1.82% |
| Q1 2015 | 2014-07-31 | $8.0M | −$475,000 | −5.60% |
| Q4 2014 | 2014-04-30 | $8.7M | $327,000 | +3.90% |
| Q3 2014 | 2014-01-31 | $8.3M | $408,000 | +5.19% |
| Q2 2014 | 2013-10-31 | $8.4M | $478,000 | +6.06% |
| Q1 2014 | 2013-07-31 | $8.5M | $897,000 | +11.82% |
| Q4 2013 | 2013-04-30 | $8.4M | −$357,000 | −4.08% |
| Q3 2013 | 2013-01-31 | $7.9M | $685,000 | +9.55% |
| Q2 2013 | 2012-10-31 | $7.9M | $267,000 | +3.50% |
| Q1 2013 | 2012-07-31 | $7.6M | −$146,000 | −1.89% |
| Q4 2012 | 2012-04-30 | $8.7M | $2.2M | +33.35% |
| Q3 2012 | 2012-01-31 | $7.2M | −$4.6M | −39.24% |
| Q2 2012 | 2011-10-31 | $7.6M | −$4.1M | −34.90% |
| Q1 2012 | 2011-07-31 | $7.7M | −$2.3M | −23.16% |
| Q4 2011 | 2011-04-30 | $6.6M | — | — |
| Q3 2011 | 2011-01-31 | $11.8M | — | — |
| Q2 2011 | 2010-10-31 | $11.7M | — | — |
| Q1 2011 | 2010-07-31 | $10.1M | — | — |
Value Line operating expenses trends
Over the last five fiscal years, Value Line's operating expenses decreased from $32.9M to $29.4M, a change of −$3.4M. The latest reported quarter, Q4 2026, shows $8.0M.
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.
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