Antalpha Platform Holding (ANTA) Operating Expenses (2024 - 2026)

Antalpha Platform Holding (ANTA) posted quarterly Operating Expenses of $14.1 million for Q1 2026, up 13.48% YoY from $12.4 million in Q1 2025, and down 100.0% sequentially from $15397.9 billion in Q4 2025.

Antalpha Platform Holding (ANTA) Operating Expenses (2024 - 2026) Analysis & Trends

Antalpha Platform Holding has disclosed Operating Expenses across 3 years of filings, most recently posting $14.1 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 13.48% year-over-year to $14.1 million; the TTM figure through Mar 2026 stood at $52244.4 billion (up 50.56% YoY), while the FY2025 annual figure was $64.7 million, up 46.05% from the prior year.
  • Operating Expenses fell to $14.1 million in Q1 2026, from $15397.9 billion in the prior quarter.
  • Over the last five years, Operating Expenses for ANTA reached as high as $19371.0 billion in Q3 2025 and fell as low as $12.4 million in Q1 2025.
  • The 3-year median for Operating Expenses is $12198.9 billion (2024), against an average of $10868.0 billion.
  • Annual changes were most pronounced in 2025 — Operating Expenses jumped 69.64% — and 2026, when it gained 13.48%.
  • A 3-year view of Operating Expenses shows it stood at $12579.5 billion in 2024, then advanced by 22.41% to $15397.9 billion in 2025, then tumbled by 100.0% to $14.1 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $14.1 million, $15397.9 billion, and $19371.0 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Visa 587.74 Bn 575.34 Bn - 4.00 Bn
2 Mastercard 465.55 Bn 455.34 Bn - 3.49 Bn
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn 13.88 Bn
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn 6.87 Bn
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn 950.34 Mn
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn 891.92 Mn
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn 1.24 Bn
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn 422.90 Mn
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn -363.39 Mn
10 Antalpha Platform Holding 179.94 Mn 88,588.58 Bn -273.25 Bn 14.09 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 14.09 Mn
Dec 31, 2025 15,397.93 Bn
Sep 30, 2025 19,371.04 Bn
Jun 30, 2025 17,475.44 Bn
Mar 31, 2025 12.42 Mn
Dec 31, 2024 12,579.47 Bn
Sep 30, 2024 11,818.33 Bn
Jun 30, 2024 10,301.75 Bn