BTQ Technologies (BTQ) Operating Expenses (2024 - 2026)
BTQ Technologies (BTQ) recorded quarterly Operating Expenses of $13.5 million in Q1 2026, up 52.47% quarter-over-quarter from $8.8 million in Q4 2025, and up 841.72% on a YoY basis from $1.4 million in Q1 2025.
BTQ Technologies (BTQ) Operating Expenses (2024 - 2026) Analysis & Trends
BTQ Technologies' Operating Expenses history runs 3 years deep, the most recent figure standing at $13.5 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 841.72% year-over-year to $13.5 million; the TTM figure through Mar 2026 stood at $30.2 million (changed N/A YoY), while the FY2025 annual figure was $18.2 million, up 289.69% from the prior year.
- Operating Expenses was $13.5 million for Q1 2026 at BTQ Technologies, up from $8.8 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $13.5 million in Q1 2026 to a low of $964977.6 in Q3 2024.
- Historically, Operating Expenses has averaged $5.4 million across 3 years, with a median of $4.0 million in 2025.
- The sharpest annual moves came in 2025 and 2026: Operating Expenses surged 575.29% in 2025, then jumped 841.72% in 2026.
- A 3-year view of Operating Expenses shows it stood at $1.0 million in 2024, then soared by 754.54% to $8.8 million in 2025, then surged by 52.47% to $13.5 million in 2026.
- The last three Operating Expenses figures came in at $13.5 million (Q1 2026), $8.8 million (Q4 2025), and $6.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,819.83 Bn | 2,741.56 Bn | 56.06 Bn | 10.85 Bn |
| 2 | Alarum Technologies | 1,056.91 Bn | 1,042.76 Bn | 7.23 Mn | 6.42 Mn |
| 3 | Oracle | 530.68 Bn | 492.11 Bn | 15.14 Bn | 11.73 Bn |
| 4 | Palantir Technologies | 306.85 Bn | 298.93 Bn | 1.42 Bn | 662.79 Mn |
| 5 | Palo Alto Networks | 199.03 Bn | 194.49 Bn | 1.91 Bn | 1.51 Bn |
| 6 | CrowdStrike Holdings | 170.56 Bn | 167.51 Bn | 993.68 Mn | 979.89 Mn |
| 7 | Fortinet | 106.91 Bn | 103.62 Bn | 1.49 Bn | 905.10 Mn |
| 8 | Synopsys | 86.43 Bn | 86.31 Bn | 1.77 Bn | 1.57 Bn |
| 9 | Cloudflare | 79.42 Bn | 78.48 Bn | 455.60 Mn | 517.59 Mn |
| 10 | BTQ Technologies | 582.55 Mn | 573.66 Mn | - | 13.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.46 Mn |
| Dec 31, 2025 | 8.83 Mn |
| Sep 30, 2025 | 6.52 Mn |
| Mar 31, 2025 | 1.43 Mn |
| Dec 31, 2024 | 1.03 Mn |
| Sep 30, 2024 | 964,977.58 |