Sphere 3D (ANY) Capital Expenditures (2017 - 2025)

Sphere 3D (ANY) posted quarterly Capital Expenditures of $4.0 million for Q4 2025, down 55.22% year-over-year from $8.9 million in Q4 2024, and up 76.51% on a QoQ basis from $2.3 million in Q3 2025.

Sphere 3D (ANY) Capital Expenditures (2017 - 2025) Analysis & Trends

Sphere 3D (ANY) has reported Capital Expenditures for 6 consecutive years, with $4.0 million the latest figure, recorded in Q4 2025.

  • In Q4 2025, Capital Expenditures fell 55.22% year-over-year to $4.0 million; the TTM figure through Mar 2026 stood at $7.1 million (down 23.21% YoY), while the FY2025 annual figure was $7.5 million, down 16.16% from the prior year.
  • Capital Expenditures came in at $4.0 million for Q4 2025 at Sphere 3D, up from $2.3 million in the prior quarter.
  • The five-year high for Capital Expenditures was $10.0 million in Q1 2022, with the low at $308000.0 in Q4 2022.
  • Average Capital Expenditures over 4 years is $3.6 million, with a median of $1.9 million recorded in 2023.
  • Across the five-year window, Capital Expenditures plunged 84.39% in 2023 and sank 55.22% in 2025, its largest moves.
  • Year by year, Capital Expenditures stood at $308000.0 in 2022, then jumped by 406.82% to $1.6 million in 2023, then jumped by 472.97% to $8.9 million in 2024, then tumbled by 55.22% to $4.0 million in 2025.
  • According to Business Quant data, Capital Expenditures over the past three periods registered $4.0 million, $2.3 million, and $868000.0 for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 754.00 Mn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 565.00 Mn
3 Schwab Charles 167.21 Bn 122.24 Bn - 140.00 Mn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 9.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 165.76 Mn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 254,000.00
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 9.36 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 1.22 Bn
10 Sphere 3D 8.53 Mn 5.38 Mn 313,000.00 -

Historic Data

Download Data
DateValue
Dec 31, 2025 4.01 Mn
Dec 31, 2025 4.01 Mn
Sep 30, 2025 2.27 Mn
Sep 30, 2025 2.27 Mn
Jun 30, 2025 868,000.00
Jun 30, 2025 868,000.00
Mar 31, 2025 357,000.00
Mar 31, 2025 357,000.00
Dec 31, 2024 8.94 Mn
Dec 31, 2024 8.94 Mn
Mar 31, 2023 1.56 Mn
Mar 31, 2023 1.56 Mn
Dec 31, 2022 308,000.00
Dec 31, 2022 308,000.00
Sep 30, 2022 1.37 Mn
Sep 30, 2022 1.37 Mn
Jun 30, 2022 5.96 Mn
Jun 30, 2022 5.96 Mn
Mar 31, 2022 10.00 Mn
Mar 31, 2022 10.00 Mn