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
DateValue
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