Sphere 3D (ANY) Operating Expenses (2017 - 2026)

Sphere 3D (ANY) has reported Operating Expenses for 9 consecutive years, with $6.0 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Operating Expenses fell 24.47% year-over-year to $6.0 million; the TTM figure through Mar 2026 stood at $31.2 million (down 16.1% YoY), while the FY2025 annual figure was $33.2 million, down 12.73% from the prior year.
• Operating Expenses came in at $6.0 million for Q1 2026 at Sphere 3D, down from $12.9 million in the prior quarter.
• The five-year high for Operating Expenses was $118.2 million in Q4 2022, with the low at $5.6 million in Q2 2025.
• Average Operating Expenses over 5 years is $17.2 million, with a median of $10.4 million recorded in 2024.
• Across the five-year window, Operating Expenses plunged 80.68% in 2023 and surged 30.24% in 2024, its largest moves.
• Year by year, Operating Expenses stood at $118.2 million in 2022, then slumped by 80.68% to $22.8 million in 2023, then tumbled by 50.45% to $11.3 million in 2024, then grew by 13.69% to $12.9 million in 2025, then sank by 53.03% to $6.0 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $6.0 million, $12.9 million, and $6.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.