Exodus Movement (EXOD) Operating Expenses (2023 - 2026)
Exodus Movement (EXOD) posted Operating Expenses of $44.71 million for Q2 2026, up 137.6% from $18.82 million a year earlier and up 189.2% from the prior quarter.
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Analysis
Exodus Movement (EXOD) Operating Expenses (2023 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Exodus Movement was $93.32 million, up 68.0% year-over-year; for FY2025, it was $66.28 million, up 67.8% from FY2024.
- In prior years, Exodus Movement's Operating Expenses was $39.51 million in FY2024 (+113.5%) and $18.51 million in FY2023.
- The Q2 2026 figure stands as the highest quarterly Operating Expenses in data going back to Q1 2023.
- On a year-over-year basis, Operating Expenses has increased in each of the last ten quarters, with growth averaging 97.2% over the last eight quarters.
- Across the past five years, year-over-year growth in Operating Expenses ran from 8.0% in Q1 2026 to 255.4% in Q4 2024.
- According to Business Quant data, Operating Expenses for the three prior quarters was $15.46 million (Q1 2026), $18.26 million (Q4 2025) and $14.88 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | 1.33 Bn |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 7.26 Bn |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 2.72 Bn |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | 128.25 Mn |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 260.40 Mn |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 4.28 Bn |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 2.98 Bn |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | 52.67 Mn |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 207.36 Mn |
| 10 | Exodus Movement | 227.09 Mn | 77.47 Mn | - | 44.71 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 44.71 Mn |
| Mar 31, 2026 | 15.46 Mn |
| Dec 31, 2025 | 18.26 Mn |
| Sep 30, 2025 | 14.88 Mn |
| Jun 30, 2025 | 18.82 Mn |
| Mar 31, 2025 | 14.32 Mn |
| Dec 31, 2024 | 13.93 Mn |
| Sep 30, 2024 | 8.47 Mn |
| Jun 30, 2024 | 9.05 Mn |
| Mar 31, 2024 | 8.06 Mn |
| Dec 31, 2023 | 3.92 Mn |
| Sep 30, 2023 | 4.60 Mn |
| Jun 30, 2023 | 4.02 Mn |
| Mar 31, 2023 | 5.97 Mn |
API Access
Exodus Movement 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=EXOD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "EXOD", "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=EXOD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();