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
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