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| Date | Value |
|---|---|
| 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 |