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

Sphere 3D (ANY) posted quarterly Operating Expenses of $6.0 million for Q1 2026, down 24.47% year-over-year from $8.0 million in Q1 2025, and down 53.03% quarter-over-quarter from $12.9 million in Q4 2025.

Sphere 3D (ANY) Operating Expenses (2017 - 2026) Analysis & Trends

Sphere 3D's Operating Expenses history runs 10 years deep, the most recent figure standing at $6.0 million for 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 for Q1 2026 stood at $6.0 million, 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.
  • The 5-year median for Operating Expenses is $10.4 million (2024), against an average of $17.2 million.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 795.7% in 2022, then slumped 80.68% in 2023.
  • Sphere 3D's Operating Expenses stood at $118.2 million in 2022, then plunged by 80.68% to $22.8 million in 2023, then sank by 50.45% to $11.3 million in 2024, then rose by 13.69% to $12.9 million in 2025, then tumbled by 53.03% to $6.0 million in 2026.
  • Business Quant data shows ANY's Operating Expenses at $6.0 million in Q1 2026, $12.9 million in Q4 2025, and $6.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - 13.90 Bn
2 Goldman Sachs 316.34 Bn -660.01 Bn - 11.67 Bn
3 Schwab Charles 220.55 Bn 135.80 Bn - 3.29 Bn
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -200.78 Mn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 734.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn 81.75 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - 381.00 Mn
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 4.67 Bn
10 Sphere 3D 8.51 Mn 5.37 Mn 313,000.00 6.05 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 6.05 Mn
Dec 31, 2025 12.87 Mn
Sep 30, 2025 6.66 Mn
Jun 30, 2025 5.65 Mn
Mar 31, 2025 8.01 Mn
Dec 31, 2024 11.32 Mn
Sep 30, 2024 7.51 Mn
Jun 30, 2024 10.38 Mn
Mar 31, 2024 8.81 Mn
Dec 31, 2023 22.85 Mn
Sep 30, 2023 12.13 Mn
Jun 30, 2023 10.16 Mn
Mar 31, 2023 6.77 Mn
Dec 31, 2022 118.24 Mn
Sep 30, 2022 11.69 Mn
Jun 30, 2022 17.32 Mn
Mar 31, 2022 16.48 Mn
Dec 31, 2021 13.20 Mn
Sep 30, 2021 3.59 Mn
Jun 30, 2021 4.44 Mn