C2 Blockchain (CBLO) Operating Expenses (2021 - 2026)
C2 Blockchain (CBLO) reported Operating Expenses of $19.32 million for fiscal Q3 2026 (quarter ended Mar 31, 2026), compared with $100,624 a year earlier.
Powered by 
Analysis
C2 Blockchain (CBLO) Operating Expenses (2021 - 2026) Analysis & Trends
Over the twelve months ended Mar 31, 2026, C2 Blockchain's Operating Expenses came in at $19.89 million; for FY2025 (ended Jun 30, 2025), it came in at $222,780, up 642.1% from FY2024.
- Operating Expenses has increased for three consecutive fiscal years, with a three-year compound annual growth rate of 198.1% (FY2022 to FY2025).
- By fiscal year, Operating Expenses came in at $30,020 in FY2024 (+62.2%), $18,507 in FY2023 (+120.1%) and $8,407 in FY2022.
- The fiscal Q3 2026 figure ranks as the highest quarterly Operating Expenses in data going back to fiscal Q1 2022.
- Year over year, Operating Expenses gained in three of the last four quarters, with growth averaging 218.9%.
- The high point for year-over-year Operating Expenses in five years was fiscal Q4 2025 (growth of 774.6%); the low point was fiscal Q3 2024 (a decline of 19.1%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $162,691 (Q2 2026), $302,933 (Q1 2026) and $109,592 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | 1.33 Bn |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 7.26 Bn |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 2.72 Bn |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | 128.25 Mn |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 260.40 Mn |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 4.28 Bn |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 2.98 Bn |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | 52.67 Mn |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 207.36 Mn |
| 10 | C2 Blockchain | 13.45 Mn | 13.29 Mn | 9,361.00 | 19.32 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 19.32 Mn |
| Dec 31, 2025 | 162,691.00 |
| Sep 30, 2025 | 302,933.00 |
| Jun 30, 2025 | 109,592.00 |
| Mar 31, 2025 | 100,624.00 |
| Dec 31, 2024 | 4,780.00 |
| Sep 30, 2024 | 7,784.00 |
| Jun 30, 2024 | 12,530.00 |
| Mar 31, 2024 | 3,980.00 |
| Dec 31, 2023 | 3,960.00 |
| Sep 30, 2023 | 9,550.00 |
| Jun 30, 2023 | 6,300.00 |
| Mar 31, 2023 | 4,919.00 |
| Dec 31, 2022 | 2,419.00 |
| Sep 30, 2022 | 4,869.00 |
| Jun 30, 2022 | 1,607.00 |
| Mar 31, 2022 | 2,500.00 |
| Dec 31, 2021 | 2,300.00 |
| Sep 30, 2021 | 2,000.00 |
API Access
C2 Blockchain Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=CBLO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "CBLO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=CBLO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();