AppTech Payments (APCX) Operating Expenses (2019 - 2026)
AppTech Payments (APCX) recorded Operating Expenses of $3.66 million in Q1 2026, up 33.3% from $2.75 million a year earlier and up 98.6% from the prior quarter.
AppTech Payments (APCX) Operating Expenses (2019 - 2026) Analysis & Trends
On a TTM basis, AppTech Payments' Operating Expenses came in at $9.26 million as of Mar 31, 2026, down 1.4% year-over-year; for FY2025, it came in at $8.35 million, down 14.5% from FY2024.
- Annual Operating Expenses has a five-year compound annual growth rate of 17.1% (FY2020 to FY2025).
- Across earlier years, Operating Expenses came in at $9.77 million in FY2024 (-49.9%), $19.5 million in FY2023 (+18.5%), $16.46 million in FY2022 and $77,524 in FY2021 (-98.0%).
- The Q1 2026 figure is the highest quarterly Operating Expenses since Q2 2023.
- On a year-over-year basis, Operating Expenses rose in two of the last eight quarters, with an average decline of 21.3%.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 124.3% in Q3 2021, against a decline of 91.4% in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.84 million (Q4 2025), $1.7 million (Q3 2025) and $2.07 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 50.76 Bn | 8.99 Bn | - | 7.26 Bn |
| 2 | Block | 47.34 Bn | 18.63 Bn | 3.17 Bn | 2.72 Bn |
| 3 | Coinbase Global | 47.05 Bn | 3.85 Bn | - | 1.33 Bn |
| 4 | Corpay | 26.75 Bn | 16.63 Bn | - | 260.40 Mn |
| 5 | Fiserv | 25.74 Bn | 22.41 Bn | 2.90 Bn | 4.28 Bn |
| 6 | Global Payments | 22.71 Bn | 501.68 Mn | 2.03 Bn | 2.98 Bn |
| 7 | Guidewire Software | 15.46 Bn | 12.02 Bn | 269.68 Mn | 207.36 Mn |
| 8 | Bitmine Immersion Technologies | 13.42 Bn | 10.80 Bn | 40.81 Mn | 52.67 Mn |
| 9 | Chime Financial | 11.68 Bn | 7.47 Bn | 594.87 Mn | 573.55 Mn |
| 10 | AppTech Payments | 5.22 Mn | 5.22 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 3.66 Mn |
| Dec 31, 2025 | 1.84 Mn |
| Sep 30, 2025 | 1.70 Mn |
| Jun 30, 2025 | 2.07 Mn |
| Mar 31, 2025 | 2.75 Mn |
| Dec 31, 2024 | 1.82 Mn |
| Sep 30, 2024 | 1.87 Mn |
| Jun 30, 2024 | 2.95 Mn |
| Mar 31, 2024 | 3.13 Mn |
| Dec 31, 2023 | 3.48 Mn |
| Sep 30, 2023 | 2.98 Mn |
| Jun 30, 2023 | 9.45 Mn |
| Mar 31, 2023 | 3.60 Mn |
| Dec 31, 2022 | 4.56 Mn |
| Sep 30, 2022 | 2.88 Mn |
| Jun 30, 2022 | 4.28 Mn |
| Mar 31, 2022 | 5.66 Mn |
| Dec 31, 2021 | -72.78 Mn |
| Sep 30, 2021 | 2.45 Mn |
| Jun 30, 2021 | 4.65 Mn |
AppTech Payments Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=APCX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "APCX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=APCX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();