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-over-year from $1.4 million in Q1 2025, and up 52.47% quarter-over-quarter from $8.8 million in Q4 2025.
Analysis
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 for Q1 2026 stood at $13.5 million, up from $8.8 million in the prior quarter.
- The five-year high for Operating Expenses was $13.5 million in Q1 2026, with the low at $964977.6 in Q3 2024.
- The 3-year median for Operating Expenses is $4.0 million (2025), against an average of $5.4 million.
- The sharpest annual moves came in 2025 and 2026: Operating Expenses jumped 575.29% in 2025, then soared 841.72% in 2026.
- BTQ Technologies' 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.
- Business Quant data shows BTQ's Operating Expenses at $13.5 million in Q1 2026, $8.8 million in Q4 2025, and $6.5 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,718.29 Bn | 3,585.54 Bn | 60.48 Bn | 12.28 Bn |
| 2 | Oracle | 452.14 Bn | 420.24 Bn | - | 13.05 Bn |
| 3 | Palantir Technologies | 418.25 Bn | 408.84 Bn | 1.64 Bn | 726.59 Mn |
| 4 | Palo Alto Networks | 265.90 Bn | 262.79 Bn | 2.03 Bn | 2.21 Bn |
| 5 | CrowdStrike Holdings | 217.15 Bn | 212.14 Bn | 1.10 Bn | 1.13 Bn |
| 6 | Fortinet | 114.54 Bn | 110.47 Bn | 1.64 Bn | 953.90 Mn |
| 7 | Cloudflare | 98.54 Bn | 94.37 Bn | 499.52 Mn | 705.21 Mn |
| 8 | Synopsys | 75.44 Bn | 71.83 Bn | 1.80 Bn | 1.44 Bn |
| 9 | Block | 49.56 Bn | 43.13 Bn | 3.17 Bn | 2.72 Bn |
| 10 | BTQ Technologies | 411.59 Mn | 411.59 Mn | - | 13.24 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.24 Mn |
| Mar 31, 2026 | 13.46 Mn |
| Sep 30, 2025 | 9.48 Mn |
| Jun 30, 2025 | 2.90 Mn |
| Mar 31, 2025 | 1.43 Mn |
| Dec 31, 2024 | 1.03 Mn |
| Sep 30, 2024 | 964,977.58 |