Coincheck (CNCK) Operating Expenses (2023 - 2026)
Coincheck (CNCK) reported Operating Expenses of $761.1 for Q1 2026, down 100.0% year-over-year from $764.4 million in Q1 2025, and down 100.0% quarter-over-quarter from $913.0 million in Q4 2025.
Coincheck (CNCK) Operating Expenses (2023 - 2026) Analysis & Trends
Coincheck (CNCK) has 4 years of Operating Expenses data on file, last reported at $761.1 in Q1 2026.
- Operating Expenses for Q1 2026 came in at $761.1, down 100.0% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.4 billion (down 4.4% YoY), and the FY2026 annual result was $3027.8, up 20.2% from the prior year.
- Operating Expenses retreated to $761.1 in Q1 2026 per CNCK's latest filing, from $913.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $913.0 million in Q4 2025 and troughed at $761.1 in Q1 2026.
- A 4-year average of $597.0 million and a median of $628.3 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2026: Operating Expenses surged 100.23% in 2024, then sank 100.0% in 2026.
- A 4-year view of Operating Expenses shows it stood at $395.9 million in 2023, then surged by 100.23% to $792.7 million in 2024, then advanced by 15.18% to $913.0 million in 2025, then slumped by 100.0% to $761.1 in 2026.
- Business Quant data shows CNCK's Operating Expenses at $761.1 in Q1 2026, $913.0 million in Q4 2025, and $896.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | 386,258.80 |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | 13.47 Bn |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | 10.43 Bn |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | 3.29 Bn |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | 656.00 Mn |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | 381.00 Mn |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | 4.45 Bn |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | 330.51 Mn |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | 242.35 Mn |
| 10 | Coincheck | 3.01 Mn | 3.01 Mn | -744,704.52 Bn | 761.10 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 761.10 |
| 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 |