Coincheck CNCK
NASDAQ CNCK
$1.95 +0.05 (+2.63%)
At close: Sep 18, 2026 · 4:00 PM EDT

Coincheck (CNCK) Operating Expenses (2023 - 2026)

Coincheck's (CNCK) quarterly Operating Expenses came in at $711.5 million in Q2 2026, up 20.88% year-over-year from $588.6 million in Q2 2025, and down 6.52% quarter-over-quarter from $761.1 million in Q1 2026.

Analysis

Coincheck (CNCK) Operating Expenses (2023 - 2026) Analysis & Trends

Coincheck (CNCK) has reported Operating Expenses for 4 consecutive years, with $711.5 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 20.88% year-over-year to $711.5 million in Q2 2026; TTM through Jun 2026 was $3.3 billion, a 25.39% increase from a year earlier, with the FY2026 full-year figure at $3.0 billion, up 20.2% from the prior year.
  • Operating Expenses was $711.5 million for Q2 2026 at Coincheck, down from $761.1 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $913.0 million in Q4 2025 and troughed at $395.9 million in Q4 2023.
  • A 4-year average of $676.6 million and a median of $711.5 million in 2026 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses jumped 100.23% in 2024 and retreated 0.43% in 2026, its largest moves.
  • Over 4 years, Operating Expenses stood at $395.9 million in 2023, then jumped by 100.23% to $792.7 million in 2024, then gained by 15.18% to $913.0 million in 2025, then decreased by 22.07% to $711.5 million in 2026.
  • The last three Operating Expenses figures came in at $711.5 million (Q2 2026), $761.1 million (Q1 2026), and $913.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Coinbase Global 51.24 Bn 42.45 Bn 1.16 Bn 1.33 Bn
2 Bullish 5.78 Bn 5.72 Bn 15.53 Mn -56.27 Mn
3 Cypherpunk Technologies 663.58 Mn 663.58 Mn - 4.69 Mn
4 Canton Strategic Holdings 498.79 Mn 498.79 Mn - 2.70 Mn
5 Bakkt 387.06 Mn 336.37 Mn 2.21 Mn 189.76 Mn
6 Coincheck 264.39 Mn 162.79 Mn 11.20 Mn 711.50 Mn
7 Wewards 214.97 Mn 214.97 Mn - 17,030.00
8 Exodus Movement 205.10 Mn -149.98 Mn - 44.71 Mn
9 Usbc 197.95 Mn 194.29 Mn - 28.10 Mn
10 TON Strategy 191.64 Mn 191.61 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 711.50 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