CEA Industries (BNCWZ) Operating Expenses (2010 - 2026)
CEA Industries' (BNCWZ) quarterly Operating Expenses came in at $23.2 million in Q3 2026, up 1323.01% year-over-year from $1.6 million in Q3 2025, and down 71.74% on a QoQ basis from $82.1 million in Q2 2026.
Analysis
CEA Industries (BNCWZ) Operating Expenses (2010 - 2026) Analysis & Trends
CEA Industries (BNCWZ) has 17 years of Operating Expenses data on file, last reported at $23.2 million in Q3 2026.
- On a quarterly basis, Operating Expenses rose 1323.01% year-over-year to $23.2 million in Q3 2026; TTM through Jul 2026 was $183.6 million, a 4201.25% increase from a year earlier, with the FY2026 full-year figure at $167.4 million, up 1798.61% from the prior year.
- Operating Expenses for Q3 2026 stood at $23.2 million, down from $82.1 million in the prior quarter.
- Across five years, Operating Expenses topped out at $166.1 million in Q1 2026 and bottomed at -$87.7 million in Q4 2025.
- Historically, Operating Expenses has averaged $11.1 million across 5 years, with a median of $1.2 million in 2023.
- The widest annual swing landed in 2023, when Operating Expenses sank 62.29%; it then surged 1323.01% in 2026.
- Year by year, Operating Expenses stood at $1.4 million in 2022, then sank by 50.5% to $709467.0 in 2023, then climbed by 19.74% to $849502.0 in 2024, then tumbled by 10425.12% to -$87.7 million in 2025, then soared by 126.44% to $23.2 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $23.2 million in Q3 2026, $82.1 million in Q2 2026, and $166.1 million in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Circle Internet | 21.16 Bn | 19.43 Bn | 288.85 Mn | 254.49 Mn |
| 2 | Galaxy Digital | 9.54 Bn | 8.88 Bn | 8.38 Bn | 8.84 Bn |
| 3 | Gemini Space Station | 573.86 Mn | 385.24 Mn | - | 122.42 Mn |
| 4 | Solana | 177.06 Mn | 173.41 Mn | 2.45 Mn | 35.12 Mn |
| 5 | Empery Digital | 85.45 Mn | 85.45 Mn | -68,184.00 | 42.00 Mn |
| 6 | Metalpha Technology Holding | 40.05 Mn | 36.11 Mn | - | - |
| 7 | Fold Holdings | 29.71 Mn | 1.31 Mn | 5.36 Mn | 13.86 Mn |
| 8 | Amber International Holding | 28.97 Mn | -4.44 Mn | 11.06 Mn | -10.03 Mn |
| 9 | Fabric.AI | 10.06 Mn | -11.61 Mn | - | 3.33 Mn |
| 10 | CEA Industries | 7.41 Mn | 324,022.19 | 1.96 Mn | 23.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 23.20 Mn |
| Apr 30, 2026 | 82.07 Mn |
| Jan 31, 2026 | 166.07 Mn |
| Oct 31, 2025 | -87.71 Mn |
| Jul 31, 2025 | 7.01 Mn |
| Mar 31, 2025 | 1.11 Mn |
| Dec 31, 2024 | 849,502.00 |
| Sep 30, 2024 | 676,519.00 |
| Jun 30, 2024 | 657,005.00 |
| Mar 31, 2024 | 769,434.00 |
| Dec 31, 2023 | 709,467.00 |
| Sep 30, 2023 | 702,999.00 |
| Jun 30, 2023 | 783,321.00 |
| Mar 31, 2023 | 1.30 Mn |
| Dec 31, 2022 | 1.43 Mn |
| Sep 30, 2022 | 1.66 Mn |
| Jun 30, 2022 | 2.08 Mn |
| Mar 31, 2022 | 1.70 Mn |
| Dec 31, 2021 | 1.52 Mn |
| Sep 30, 2021 | 1.19 Mn |