TOPCF (Topcon) Total Operating Expense: $712 Mil (TTM As of Sep. 2025)

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TOPCF Topcon Corp TOPCF
9 GF Score
Price $21.21
GF Value $11.64
! 9 Warning Signs
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What is Topcon Total Operating Expense?

Topcon TOPCF 9 Total Operating Expense is $712 Mil as of Sep. 2025. GuruFocus rates TOPCF with a GF Score™ of 9/100 and a GF Value™ of $11.64. The stock has 9 warning signs investors should review.

Topcon's Total Operating Expense for the three months ended in Sep. 2025 was $187 Mil. Topcon's Total Operating Expense for the trailing twelve months (TTM) ended in Sep. 2025 was $712 Mil.

Topcon Total Operating Expense Related Terms

Topcon Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Topcon's Total Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Topcon Total Operating Expense Chart

Topcon Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 563.95 625.57 694.76 691.24 704.93

Topcon Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 182.98 175.97 167.43 181.84 186.66
TOPCF
9GF Score
Topcon Corp TOPCF
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Topcon Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $712 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Total Operating Expense of $712 Mil mean?
Topcon (TOPCF) has a Total Operating Expense of $712 Mil as of Sep. 2025. Total operating expense is the primary recurring expense associated with central operations. View historical data on Topcon and its competitors.
Is Topcon's Total Operating Expense too high?
Topcon's current Total Operating Expense is $712 Mil. Overall, Topcon has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Topcon's Total Operating Expense compare to GRMN and KEYS?
Topcon's Total Operating Expense of $712 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Hardware company?
A good Total Operating Expense depends on the Hardware industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Topcon and its competitors. Topcon's current Total Operating Expense is $712 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topcon stock overvalued right now?
Topcon (TOPCF) has a current Total Operating Expense of $712 Mil. The stock's GF Value™ is $11.64, compared to a current price of $21.21 — trading 82.2% above its estimated fair value. The current Total Operating Expense is $712 Mil. Topcon's overall GF Score™ is 9/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Topcon (TOPCF), the current Total Operating Expense is $712 Mil as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Topcon (TOPCF) Overvalued in 2026?

Based on GuruFocus' analysis, Topcon stock appears to be overvalued. The current stock price of $21.21 is trading 82.2% above its estimated GF Value™ of $11.64.

Key valuation signals for TOPCF:

  • Total Operating Expense: $712 Mil
  • GF Value™: $11.64 vs. price of $21.21 (82.2% above fair value)
  • GF Score™: 9/100 with 9 warning signs

No single metric tells the full story. See the TOPCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Topcon Business Description

Address 75-1 Hasunuma-cho, Itabashi-ku, Tokyo, JPN, 174-8580
Topcon Corp sells ophthalmic instruments, medical equipment, machine control systems, and GPS-related products. Its operations are structured around three main areas: the Positioning Business, Eye Care Business, and Other. The Positioning division handles products such as total stations, 3D laser scanners, ICT automated construction systems, IT agricultural systems, GNSS receivers for surveying, laser equipment, and software for construction and civil engineering. The Eye Care division provides 3D fundus imaging devices, fundus cameras, auto and kerato refractors, slit lamps, tonometers, lens meters, ophthalmic laser systems, and related software for image management and electronic medical records.
9GF Score

Get the complete analysis for TOPCF

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$21.21
Price
$11.64
GF Value