Alpha Compute (ALP) Operating Expenses (2009 - 2025)
Alpha Compute (ALP) posted quarterly Operating Expenses of $4.5 billion for Q3 2025, up 180.74% year-on-year from $1.6 billion in Q3 2024, and up 180.74% on a QoQ basis from $1.6 billion in Q3 2024.
Alpha Compute (ALP) Operating Expenses (2009 - 2025) Analysis & Trends
Alpha Compute (ALP) has reported Operating Expenses for 17 consecutive years, with $4.5 billion the latest figure, recorded in Q3 2025.
- Quarterly Operating Expenses rose 180.74% year-over-year to $4.5 billion in Q3 2025, while the trailing twelve-month figure through Mar 2026 was $6.1 billion (up 280.06% YoY) and the FY2026 annual result came in at $16.8 billion, up 214.51% from the prior year.
- Operating Expenses rose to $4.5 billion in Q3 2025 per ALP's latest filing, from $1.6 billion in the prior quarter.
- Over the last five years, Operating Expenses for ALP reached as high as $4.5 billion in Q3 2025 and fell as low as $2.8 million in Q2 2024.
- A 5-year average of $475.1 million and a median of $5.0 million in 2023 frame the typical range for Operating Expenses.
- The largest YoY upside for Operating Expenses was 27017.5% in 2024 against a maximum downside of 43.22% in 2024.
- Year by year, Operating Expenses stood at $4.2 million in 2021, then jumped by 199.78% to $12.5 million in 2022, then rose by 19.31% to $14.9 million in 2023, then jumped by 10657.16% to $1.6 billion in 2024, then soared by 180.74% to $4.5 billion in 2025.
- According to Business Quant data, Operating Expenses over the past three periods registered $4.5 billion, $1.6 billion, and $2.8 million for Q3 2025, Q3 2024, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | -14.14 Bn |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 3.88 Bn |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | 2.26 Bn |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | 4.68 Bn |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | 2.81 Bn |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 3.67 Bn |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | 1.51 Bn |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 3.12 Bn |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 1.18 Bn |
| 10 | Alpha Compute | 2.22 Mn | 1.51 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 4.50 Bn |
| Sep 30, 2024 | 1.60 Bn |
| Jun 30, 2024 | 2.83 Mn |
| Dec 31, 2023 | 14.91 Mn |
| Sep 30, 2023 | 5.92 Mn |
| Jun 30, 2023 | 4.99 Mn |
| Dec 31, 2022 | 12.50 Mn |
| Sep 30, 2022 | 3.65 Mn |
| Jun 30, 2022 | 4.09 Mn |
| Dec 31, 2021 | 4.17 Mn |
| Sep 30, 2021 | 3.33 Mn |
| Jun 30, 2021 | 3.59 Mn |
| Mar 31, 2021 | 9.43 Mn |
| Dec 31, 2020 | 866,000.00 |
| Sep 30, 2020 | 1.17 Mn |
| Jun 30, 2020 | 973,000.00 |
| Mar 31, 2020 | 5.98 Mn |
| Dec 31, 2019 | -1.08 Mn |
| Sep 30, 2019 | 1,570.00 |
| Jun 30, 2019 | 1,798.00 |