Cambium Networks (CMBMF) Operating Expenses (2018 - 2026)
Cambium Networks (CMBMF) reported Operating Expenses of $23.82 million for Q1 2026, down 1.6% from $24.22 million a year earlier but up 3.5% from the prior quarter.
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Analysis
Cambium Networks (CMBMF) Operating Expenses (2018 - 2026) Analysis & Trends
Over the twelve months ended Mar 31, 2026, Cambium Networks' Operating Expenses came in at $91.74 million, down 28.3% year-over-year; for FY2025, it was $92.13 million, down 30.9% from FY2024.
- Operating Expenses has a five-year compound annual growth rate of -4.4% (FY2020 to FY2025).
- By year, Operating Expenses came in at $133.34 million in FY2024 (+2.1%), $130.66 million in FY2023 (+4.3%), $125.26 million in FY2022 (+0.7%) and $124.38 million in FY2021 (+7.7%).
- Five-year quarterly Operating Expenses spans a low of $22.27 million in Q3 2025 and a high of $50.57 million in Q3 2024.
- Year over year, Operating Expenses has now declined in each of the last six quarters, with an average decline of 10.1% over the last eight quarters.
- The high point for year-over-year Operating Expenses in five years was Q3 2024 (growth of 55.4%); the low point was Q3 2025 (a decline of 56.0%).
- Per Business Quant data, the three quarters before Q1 2026 came in at $23.02 million (Q4 2025), $22.27 million (Q3 2025) and $22.63 million (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,943.67 Bn | 4,691.16 Bn | 54.77 Bn | 19.08 Bn |
| 2 | Cisco Systems | 421.20 Bn | 357.13 Bn | 11.06 Bn | 6.80 Bn |
| 3 | Dell Technologies | 347.85 Bn | 303.60 Bn | 9.83 Bn | 4.45 Bn |
| 4 | Arista Networks | 258.42 Bn | 211.87 Bn | 1.91 Bn | 532.30 Mn |
| 5 | Sandisk | 250.08 Bn | 238.60 Bn | 7.58 Bn | 545.00 Mn |
| 6 | Seagate Technology Holdings | 208.99 Bn | 203.98 Bn | 1.90 Bn | 2.07 Bn |
| 7 | Western Digital | 163.62 Bn | 151.74 Bn | 2.03 Bn | 465.00 Mn |
| 8 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | 14.83 Bn |
| 9 | Hewlett Packard Enterprise | 83.23 Bn | 61.11 Bn | 4.93 Bn | 10.82 Bn |
| 10 | Cambium Networks | 2.61 Mn | -40.08 Mn | 22.65 Mn | 23.82 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 23.82 Mn |
| Dec 31, 2025 | 23.02 Mn |
| Sep 30, 2025 | 22.27 Mn |
| Jun 30, 2025 | 22.63 Mn |
| Mar 31, 2025 | 24.22 Mn |
| Dec 31, 2024 | 26.19 Mn |
| Sep 30, 2024 | 50.57 Mn |
| Jun 30, 2024 | 27.00 Mn |
| Mar 31, 2024 | 29.59 Mn |
| Dec 31, 2023 | 31.33 Mn |
| Sep 30, 2023 | 32.54 Mn |
| Jun 30, 2023 | 32.18 Mn |
| Mar 31, 2023 | 34.60 Mn |
| Dec 31, 2022 | 31.92 Mn |
| Sep 30, 2022 | 31.21 Mn |
| Jun 30, 2022 | 30.77 Mn |
| Mar 31, 2022 | 31.36 Mn |
| Dec 31, 2021 | 31.61 Mn |
| Sep 30, 2021 | 30.21 Mn |
| Jun 30, 2021 | 31.80 Mn |
API Access
Cambium Networks 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=CMBMF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "CMBMF", "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=CMBMF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();