Antalpha Platform Holding (ANTA) Operating Expenses (2024 - 2026)
Antalpha Platform Holding (ANTA) posted quarterly Operating Expenses of $24.4 million for Q2 2026, up 4635.0% year-over-year from $515297.0 in Q2 2025, and up 73.14% quarter-over-quarter from $14.1 million in Q1 2026.
Analysis
Antalpha Platform Holding (ANTA) Operating Expenses (2024 - 2026) Analysis & Trends
Antalpha Platform Holding (ANTA) has reported Operating Expenses for 3 consecutive years, with $24.4 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Expenses rose 4635.0% year-over-year to $24.4 million; the TTM figure through Jun 2026 stood at $34769.0 billion (up 42.51% YoY), while the FY2025 annual figure was $64.7 million, up 46.05% from the prior year.
- Operating Expenses grew to $24.4 million in Q2 2026 per ANTA's latest filing, from $14.1 million in the prior quarter.
- Across five years, Operating Expenses topped out at $19371.0 billion in Q3 2025 and bottomed at $515297.0 in Q2 2025.
- Historically, Operating Expenses has averaged $7718.7 billion across 3 years, with a median of $10301.7 billion in 2024.
- Annual changes were most pronounced in 2025 — Operating Expenses sank 100.0% — and 2026, when it jumped 4635.0%.
- Antalpha Platform Holding's Operating Expenses stood at $12579.5 billion in 2024, then climbed by 22.41% to $15397.9 billion in 2025, then plunged by 100.0% to $24.4 million in 2026.
- Business Quant data shows ANTA's Operating Expenses at $24.4 million in Q2 2026, $14.1 million in Q1 2026, and $15397.9 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 680.39 Bn | 668.03 Bn | - | 4.76 Bn |
| 2 | Mastercard | 518.33 Bn | 504.84 Bn | - | 3.69 Bn |
| 3 | American Express | 224.91 Bn | 175.59 Bn | 17.99 Bn | 14.48 Bn |
| 4 | Capital One Financial | 132.31 Bn | 77.60 Bn | - | 9.04 Bn |
| 5 | PayPal Holdings | 46.25 Bn | 35.00 Bn | - | 7.26 Bn |
| 6 | Affirm Holdings | 26.22 Bn | 24.59 Bn | - | 1.02 Bn |
| 7 | Synchrony Financial | 25.37 Bn | 9.17 Bn | - | 1.33 Bn |
| 8 | SoFi Technologies | 23.30 Bn | 20.18 Bn | 1.02 Bn | 1.00 Bn |
| 9 | Ally Financial | 12.85 Bn | 5.01 Bn | 2.08 Bn | 1.32 Bn |
| 10 | Antalpha Platform Holding | 87.77 Mn | -1,592.30 Bn | -269.55 Bn | 37,277.11 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37,277.11 Bn |
| Mar 31, 2026 | 14,092.49 Bn |
| Dec 31, 2025 | 15,397.93 Bn |
| Sep 30, 2025 | 19,371.04 Bn |
| Jun 30, 2025 | 17,475.44 Bn |
| Mar 31, 2025 | 12,418.77 Bn |
| Dec 31, 2024 | 12,579.47 Bn |
| Sep 30, 2024 | 11,818.33 Bn |
| Jun 30, 2024 | 10,301.75 Bn |