XMax Operating Expenses Growth & History (XMAX)
XMax's operating expenses was $6.1M for fiscal 2025.
View full XMax company overviewXMax annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $6.1M | −$3.5M | −36.41% |
| 2024 | 2024-12-31 | $9.6M | −$979,259 | −9.25% |
| 2023 | 2023-12-31 | $10.6M | $2.2M | +25.49% |
| 2022 | 2022-12-31 | $8.4M | −$941,547 | −10.04% |
| 2021 | 2021-12-31 | $9.4M | $3.0M | +46.32% |
| 2020 | 2020-12-31 | $6.4M | −$677,286 | −9.55% |
| 2019 | 2019-12-31 | $7.1M | −$3.4M | −32.69% |
| 2018 | 2018-12-31 | $10.5M | −$3.1M | −22.65% |
| 2017 | 2017-12-31 | $13.6M | −$672,469 | −4.71% |
| 2016 | 2016-12-31 | $14.3M | $3.6M | +34.19% |
| 2015 | 2015-12-31 | $10.6M | −$3.5M | −24.70% |
| 2014 | 2014-12-31 | $14.1M | $4.8M | +51.98% |
| 2013 | 2013-12-31 | $9.3M | $1.2M | +15.29% |
| 2012 | 2012-12-31 | $8.1M | $2.9M | +56.01% |
| 2011 | 2011-12-31 | $5.2M | $2.9M | +123.93% |
| 2010 | 2010-12-31 | $2.3M | — | — |
XMax quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $2.3M | $827,284 | +55.88% |
| Q1 2026 | 2026-03-31 | $1.4M | $19,728 | +1.41% |
| Q4 2025 | 2025-12-31 | $1.8M | −$68,273 | −3.73% |
| Q3 2025 | 2025-09-30 | $1.5M | −$2.1M | −58.90% |
| Q2 2025 | 2025-06-30 | $1.5M | −$212,090 | −12.53% |
| Q1 2025 | 2025-03-31 | $1.4M | −$1.1M | −44.20% |
| Q4 2024 | 2024-12-31 | $1.8M | −$3.0M | −61.93% |
| Q3 2024 | 2024-09-30 | $3.6M | $1.5M | +69.52% |
| Q2 2024 | 2024-06-30 | $1.7M | −$132,946 | −7.28% |
| Q1 2024 | 2024-03-31 | $2.5M | $659,639 | +35.75% |
| Q4 2023 | 2023-12-31 | $4.8M | $2.9M | +158.20% |
| Q3 2023 | 2023-09-30 | $2.1M | $23,757 | +1.14% |
| Q2 2023 | 2023-06-30 | $1.8M | −$308,962 | −14.47% |
| Q1 2023 | 2023-03-31 | $1.8M | −$508,159 | −21.60% |
| Q4 2022 | 2022-12-31 | $1.9M | −$556,632 | −23.02% |
| Q3 2022 | 2022-09-30 | $2.1M | −$454,640 | −17.85% |
| Q2 2022 | 2022-06-30 | $2.1M | −$136,931 | −6.03% |
| Q1 2022 | 2022-03-31 | $2.4M | $206,656 | +9.63% |
| Q4 2021 | 2021-12-31 | $2.4M | $668,795 | +38.23% |
| Q3 2021 | 2021-09-30 | $2.5M | $893,604 | +54.07% |
| Q2 2021 | 2021-06-30 | $2.3M | $861,271 | +61.07% |
| Q1 2021 | 2021-03-31 | $2.1M | $546,280 | +34.14% |
| Q4 2020 | 2020-12-31 | $1.7M | $209,886 | +13.63% |
| Q3 2020 | 2020-09-30 | $1.7M | −$183,842 | −10.01% |
| Q2 2020 | 2020-06-30 | $1.4M | −$218,832 | −13.43% |
| Q1 2020 | 2020-03-31 | $1.6M | −$484,498 | −23.24% |
| Q4 2019 | 2019-12-31 | $1.5M | $1.1M | +260.37% |
| Q3 2019 | 2019-09-30 | $1.8M | −$2.7M | −59.86% |
| Q2 2019 | 2019-06-30 | $1.6M | −$963,765 | −37.17% |
| Q1 2019 | 2019-03-31 | $2.1M | −$852,193 | −29.02% |
| Q4 2018 | 2018-12-31 | $427,155 | −$2.9M | −87.13% |
| Q3 2018 | 2018-09-30 | $4.6M | $1.4M | +46.26% |
| Q2 2018 | 2018-06-30 | $2.6M | −$576,671 | −18.19% |
| Q1 2018 | 2018-03-31 | $2.9M | −$1.1M | −26.59% |
| Q4 2017 | 2017-12-31 | $3.3M | −$1.9M | −35.88% |
| Q3 2017 | 2017-09-30 | $3.1M | −$413,365 | −11.67% |
| Q2 2017 | 2017-06-30 | $3.2M | $527,239 | +19.95% |
| Q1 2017 | 2017-03-31 | $4.0M | $1.1M | +36.53% |
| Q4 2016 | 2016-12-31 | $5.2M | $4.1M | +377.92% |
| Q3 2016 | 2016-09-30 | $3.5M | $578,397 | +19.52% |
| Q2 2016 | 2016-06-30 | $2.6M | −$783,181 | −22.86% |
| Q1 2016 | 2016-03-31 | $2.9M | −$246,533 | −7.76% |
| Q4 2015 | 2015-12-31 | $1.1M | −$3.6M | −76.99% |
| Q3 2015 | 2015-09-30 | $3.0M | −$346,076 | −10.46% |
| Q2 2015 | 2015-06-30 | $3.4M | −$2,058 | −0.06% |
| Q1 2015 | 2015-03-31 | $3.2M | $478,770 | +17.75% |
| Q4 2014 | 2014-12-31 | $4.7M | $2.2M | +85.49% |
| Q3 2014 | 2014-09-30 | $3.3M | $616,542 | +22.89% |
| Q2 2014 | 2014-06-30 | $3.4M | $1.1M | +48.50% |
| Q1 2014 | 2014-03-31 | $2.7M | $931,219 | +52.71% |
| Q4 2013 | 2013-12-31 | $2.5M | $370,305 | +17.09% |
| Q3 2013 | 2013-09-30 | $2.7M | $628,225 | +30.43% |
| Q2 2013 | 2013-06-30 | $2.3M | $333,672 | +16.90% |
| Q1 2013 | 2013-03-31 | $1.8M | −$98,142 | −5.26% |
| Q4 2012 | 2012-12-31 | $2.2M | $397,798 | +22.49% |
| Q3 2012 | 2012-09-30 | $2.1M | $872,483 | +73.18% |
| Q2 2012 | 2012-06-30 | $2.0M | $309,266 | +18.57% |
| Q1 2012 | 2012-03-31 | $1.9M | $1.3M | +240.91% |
| Q4 2011 | 2011-12-31 | $1.8M | — | — |
| Q3 2011 | 2011-09-30 | $1.2M | $666,534 | +126.77% |
| Q2 2011 | 2011-06-30 | $1.7M | $1.1M | +207.48% |
| Q1 2011 | 2011-03-31 | $547,029 | — | — |
| Q3 2010 | 2010-09-30 | $525,780 | — | — |
| Q2 2010 | 2010-06-30 | $541,530 | — | — |
XMax operating expenses trends
Over the last five fiscal years, XMax's operating expenses decreased from $6.4M to $6.1M, a change of −$299,105. The latest reported quarter, Q2 2026, shows $2.3M.
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 XMax source filings ↗