CapForce (CFOR) Operating Expenses (2014 - 2025)
CapForce (CFOR) reported Operating Expenses of $702,185 for Q3 2025, down 10.4% from $783,885 a year earlier but up 17.6% from the prior quarter.
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Analysis
CapForce (CFOR) Operating Expenses (2014 - 2025) Analysis & Trends
Over the twelve months ended Sep 30, 2025, CapForce's Operating Expenses came in at $2.42 million, down 89.1% year-over-year; for FY2024, it came in at $4.87 million, down 85.7% from FY2023.
- Operating Expenses has a five-year compound annual growth rate of -20.9% (FY2019 to FY2024).
- By year, Operating Expenses came in at $34.17 million in FY2023 (-8.1%), $37.17 million in FY2022 (+34.8%), $27.58 million in FY2021 (+2.4%) and $26.93 million in FY2020 (+70.8%).
- Five-year quarterly Operating Expenses spans a low of $522,846 in Q1 2025 and a high of $18.03 million in Q4 2023.
- Year over year, Operating Expenses has now declined in each of the last seven quarters, with an average decline of 49.5% over the last eight quarters.
- The high point for year-over-year Operating Expenses in five years was Q4 2020 (growth of 122.1%); the low point was Q4 2024 (a decline of 96.7%).
- Per Business Quant data, the three quarters before Q3 2025 came in at $597,225 (Q2 2025), $522,846 (Q1 2025) and $598,773 (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 106.61 Bn | 94.70 Bn | - | 599.10 Mn |
| 2 | Robinhood Markets | 91.70 Bn | 72.73 Bn | - | 734.00 Mn |
| 3 | Intercontinental Exchange | 88.95 Bn | 82.69 Bn | - | 1.28 Bn |
| 4 | Nasdaq | 54.22 Bn | 51.65 Bn | 1.50 Bn | 788.00 Mn |
| 5 | Interactive Brokers | 38.25 Bn | 15.37 Bn | - | 440.00 Mn |
| 6 | Cboe Global Markets | 33.42 Bn | 25.08 Bn | 731.60 Mn | 255.60 Mn |
| 7 | LPL Financial Holdings | 25.64 Bn | 20.96 Bn | - | 4.67 Bn |
| 8 | Tradeweb Markets | 25.45 Bn | 17.47 Bn | - | 313.68 Mn |
| 9 | Circle Internet | 22.26 Bn | 16.14 Bn | 288.85 Mn | 254.49 Mn |
| 10 | CapForce | 31.62 Mn | 28.43 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 702,185.00 |
| Jun 30, 2025 | 597,225.00 |
| Mar 31, 2025 | 522,846.00 |
| Dec 31, 2024 | 598,773.00 |
| Sep 30, 2024 | 783,885.00 |
| Jun 30, 2024 | 1.58 Mn |
| Mar 31, 2024 | 1.91 Mn |
| Dec 31, 2023 | 18.03 Mn |
| Sep 30, 2023 | 4.26 Mn |
| Jun 30, 2023 | 5.89 Mn |
| Mar 31, 2023 | 5.98 Mn |
| Dec 31, 2022 | 10.66 Mn |
| Sep 30, 2022 | 13.96 Mn |
| Jun 30, 2022 | 6.24 Mn |
| Mar 31, 2022 | 6.32 Mn |
| Dec 31, 2021 | 7.21 Mn |
| Sep 30, 2021 | 6.33 Mn |
| Jun 30, 2021 | 6.95 Mn |
| Mar 31, 2021 | 7.09 Mn |
| Dec 31, 2020 | 7.38 Mn |
API Access
CapForce 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=CFOR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "CFOR", "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=CFOR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();