BTQ Technologies (BTQ) Operating Expenses (2024 - 2026)

BTQ Technologies (BTQ) posted quarterly Operating Expenses of $13.5 million for Q1 2026, up 841.72% year-on-year from $1.4 million in Q1 2025, and up 52.47% on a QoQ basis from $8.8 million in Q4 2025.

BTQ Technologies (BTQ) Operating Expenses (2024 - 2026) Analysis & Trends

BTQ Technologies (BTQ) has reported Operating Expenses for 3 consecutive years, with $13.5 million the latest figure, recorded in Q1 2026.

  • Quarterly Operating Expenses rose 841.72% year-over-year to $13.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $30.2 million (changed N/A YoY) and the FY2025 annual result came in at $18.2 million, up 289.69% from the prior year.
  • Operating Expenses advanced to $13.5 million in Q1 2026 per BTQ's latest filing, from $8.8 million in the prior quarter.
  • Over the last five years, Operating Expenses for BTQ reached as high as $13.5 million in Q1 2026 and fell as low as $964977.6 in Q3 2024.
  • A 3-year average of $5.4 million and a median of $4.0 million in 2025 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2025 — Operating Expenses soared 575.29% — and 2026, when it surged 841.72%.
  • Year by year, Operating Expenses stood at $1.0 million in 2024, then surged by 754.54% to $8.8 million in 2025, then jumped by 52.47% to $13.5 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $13.5 million, $8.8 million, and $6.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Microsoft 2,834.76 Bn 2,710.32 Bn 56.06 Bn 8.75 Bn
2 PagSeguro Digital 2,643.44 Bn 2,643.44 Bn 358.92 Mn -363.49 Mn
3 Oracle 345.72 Bn 314.37 Bn - 13.05 Bn
4 Repay Holdings 297.29 Bn 297.14 Bn - -
5 Palantir Technologies 295.33 Bn 287.41 Bn 1.42 Bn 662.79 Mn
6 Pagaya Technologies 249.07 Bn 249.08 Bn 140.38 Mn 237.94 Mn
7 Palo Alto Networks 228.92 Bn 224.38 Bn 1.91 Bn 1.51 Bn
8 CrowdStrike Holdings 183.84 Bn 180.79 Bn 993.68 Mn 979.89 Mn
9 Fortinet 111.23 Bn 107.94 Bn 1.49 Bn 905.10 Mn
10 BTQ Technologies 468.77 Mn 468.77 Mn - 13.46 Mn

Historic Data

Download Data
DateValue
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