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-over-year from $1.6 billion in Q3 2024, and up 180.74% quarter-over-quarter 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.
- In Q3 2025, Operating Expenses rose 180.74% year-over-year to $4.5 billion; the TTM figure through Mar 2026 stood at $6.1 billion (up 280.06% YoY), while the FY2026 annual figure was $16.8 billion, up 214.51% from the prior year.
- Operating Expenses advanced to $4.5 billion in Q3 2025 per ALP's latest filing, from $1.6 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $4.5 billion in Q3 2025 and bottomed at $2.8 million in Q2 2024.
- Historically, Operating Expenses has averaged $475.1 million across 5 years, with a median of $5.0 million in 2023.
- On a YoY basis, Operating Expenses climbed as much as 27017.5% in 2024 and fell as far as 43.22% in 2024.
- Alpha Compute's Operating Expenses stood at $4.2 million in 2021, then jumped by 199.78% to $12.5 million in 2022, then climbed 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.
- Business Quant data shows ALP's Operating Expenses at $4.5 billion in Q3 2025, $1.6 billion in Q3 2024, and $2.8 million in Q2 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.70 Bn | 165.83 Bn | - | 4.62 Bn |
| 2 | Blackstone | 115.19 Bn | 112.68 Bn | - | 2.38 Bn |
| 3 | Kkr | 97.38 Bn | -179.69 Bn | - | 5.41 Bn |
| 4 | Brookfield | 93.66 Bn | 46.26 Bn | - | 14.94 Bn |
| 5 | Brookfield Asset Management | 83.77 Bn | 82.27 Bn | - | 659.00 Mn |
| 6 | Apollo Global Management | 78.51 Bn | 53.13 Bn | 10.54 Bn | 8.74 Bn |
| 7 | State Street | 51.53 Bn | 51.53 Bn | - | 2.66 Bn |
| 8 | Ameriprise Financial | 51.34 Bn | 40.30 Bn | 4.72 Bn | 3.50 Bn |
| 9 | Northern Trust | 34.11 Bn | 34.11 Bn | - | 1.64 Bn |
| 10 | Alpha Compute | 1.39 Mn | 701,200.06 | - | - |
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 |