Coincheck (CNCK) Operating Expenses (2023 - 2026)
Coincheck (CNCK) recorded Operating Expenses of $711.5 million in fiscal Q1 2027 (quarter ended Jun 30, 2026), up 20.9% from $588.6 million a year earlier but down 6.5% from the prior quarter.
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Analysis
Coincheck (CNCK) Operating Expenses (2023 - 2026) Analysis & Trends
On a TTM basis, Coincheck's Operating Expenses came in at $3.28 billion as of Jun 30, 2026, up 25.4% year-over-year; for FY2026 (ended Mar 31, 2026), it came in at $3.03 billion, up 18.1% from FY2025.
- Annual Operating Expenses has increased for three straight fiscal years, with a three-year compound annual growth rate of 32.1% (FY2023 to FY2026).
- Across earlier fiscal years, Operating Expenses came in at $2.56 billion in FY2025 (+66.9%), $1.54 billion in FY2024 (+16.8%) and $1.31 billion in FY2023.
- Quarterly Operating Expenses has ranged from $395.89 million in fiscal Q3 2024 to $913 million in fiscal Q3 2026 over the past five years.
- On a year-over-year basis, Operating Expenses rose in six of the last seven quarters, with growth averaging 37.6%.
- Per Business Quant, the preceding three fiscal quarters came in at $761.1 million (Q4 2026), $913 million (Q3 2026) and $896.1 million (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 50.08 Bn | 8.30 Bn | - | 7.26 Bn |
| 2 | Block | 46.71 Bn | 18.00 Bn | 3.17 Bn | 2.72 Bn |
| 3 | Coinbase Global | 45.00 Bn | 1.80 Bn | - | 1.33 Bn |
| 4 | Corpay | 26.84 Bn | 16.72 Bn | - | 260.40 Mn |
| 5 | Fiserv | 25.68 Bn | 22.36 Bn | 2.90 Bn | 4.28 Bn |
| 6 | Global Payments | 22.94 Bn | 732.47 Mn | 2.03 Bn | 2.98 Bn |
| 7 | Guidewire Software | 15.52 Bn | 12.08 Bn | 269.68 Mn | 207.36 Mn |
| 8 | Bitmine Immersion Technologies | 12.62 Bn | 10.00 Bn | 40.81 Mn | 52.67 Mn |
| 9 | Chime Financial | 11.56 Bn | 7.35 Bn | 594.87 Mn | 573.55 Mn |
| 10 | Coincheck | 183.04 Mn | -113.52 Mn | 11.42 Mn | 725.92 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 725.92 Mn |
| Mar 31, 2026 | 761.10 Mn |
| Dec 31, 2025 | 913.00 Mn |
| Sep 30, 2025 | 896.10 Mn |
| Jun 30, 2025 | 588.60 Mn |
| Mar 31, 2025 | 764.40 Mn |
| Dec 31, 2024 | 792.70 Mn |
| Sep 30, 2024 | 471.46 Mn |
| Jun 30, 2024 | 479.58 Mn |
| Mar 31, 2024 | 668.00 Mn |
| Dec 31, 2023 | 395.89 Mn |
API Access
Coincheck 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=CNCK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "CNCK", "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=CNCK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();