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
DateValue
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