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| 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 |