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 | 333.21 Bn | 173.07 Bn | - | 13.90 Bn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 11.67 Bn |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 3.40 Bn |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 734.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 440.00 Mn |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 4.67 Bn |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 313.68 Mn |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 254.49 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | -200.78 Mn |
| 10 | Sphere 3D | 12.10 Mn | 9.25 Mn | 165,000.00 | 16.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |