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.

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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Visa 618.21 Bn 605.85 Bn - 4.76 Bn
2 Mastercard 506.53 Bn 493.04 Bn - 3.69 Bn
3 American Express 232.32 Bn 183.00 Bn 17.99 Bn 14.48 Bn
4 Capital One Financial 136.19 Bn 81.48 Bn - 9.04 Bn
5 PayPal Holdings 52.34 Bn 41.08 Bn - 7.26 Bn
6 Eason Technology 35.89 Bn 35.89 Bn - -
7 Synchrony Financial 26.09 Bn 9.90 Bn - 1.33 Bn
8 Affirm Holdings 25.93 Bn 24.20 Bn - 950.34 Mn
9 SoFi Technologies 23.04 Bn 22.68 Bn -41.62 Mn 891.92 Mn
10 Antalpha Platform Holding 139.16 Mn 137.57 Mn - 24.40 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 24.40 Mn
Mar 31, 2026 14.09 Mn
Dec 31, 2025 15,397.93 Bn
Sep 30, 2025 19,371.04 Bn
Jun 30, 2025 515,297.00
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