Forum Markets (FRMM) Accumulated Expenses (2019 - 2026)
Forum Markets (FRMM) recorded Accumulated Expenses of $4.35 million in Q2 2026, up 598.1% from $623,661 a year earlier but down 62.1% from the prior quarter.
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Analysis
Forum Markets (FRMM) Accumulated Expenses (2019 - 2026) Analysis & Trends
At the end of FY2025, Forum Markets reported Accumulated Expenses of $6.38 million.
- Annual Accumulated Expenses has a five-year compound annual growth rate of 9.2% (FY2020 to FY2025).
- Across earlier years, Accumulated Expenses came in at $304,000 in FY2024 (-83.7%), $1.87 million in FY2023 (-18.2%), $2.28 million in FY2022 (+16.3%) and $1.96 million in FY2021 (-52.2%).
- Quarterly Accumulated Expenses has ranged from $304,000 in Q4 2024 to $11.5 million in Q1 2026 over the past five years.
- On a year-over-year basis, Accumulated Expenses rose in two of the last six quarters, with growth averaging 63.3%.
- Peak year-over-year performance for Accumulated Expenses in the last five years was growth of 598.1% in Q2 2026, against a decline of 83.7% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $11.5 million (Q1 2026), $6.38 million (Q4 2025) and $372,864 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coinbase Global | 49.93 Bn | 6.74 Bn | - |
| 2 | PayPal Holdings | 45.74 Bn | 3.96 Bn | - |
| 3 | Block | 44.49 Bn | 15.75 Bn | 3.17 Bn |
| 4 | Iren | 30.93 Bn | 18.53 Bn | 103.89 Mn |
| 5 | Corpay | 25.61 Bn | 15.81 Bn | - |
| 6 | Fiserv | 24.13 Bn | 20.83 Bn | 2.90 Bn |
| 7 | Global Payments | 21.34 Bn | -222.16 Mn | 2.03 Bn |
| 8 | Bitmine Immersion Technologies | 15.51 Bn | 12.89 Bn | 40.81 Mn |
| 9 | Guidewire Software | 12.73 Bn | 9.30 Bn | 269.68 Mn |
| 10 | Forum Markets | 80.04 Mn | 80.04 Mn | 398,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.35 Mn |
| Mar 31, 2026 | 11.50 Mn |
| Dec 31, 2025 | 6.38 Mn |
| Sep 30, 2025 | 372,864.00 |
| Jun 30, 2025 | 623,661.00 |
| Mar 31, 2025 | 771,083.00 |
| Dec 31, 2024 | 304,000.00 |
| Sep 30, 2024 | 466,335.00 |
| Jun 30, 2024 | 559,733.00 |
| Mar 31, 2024 | 1.42 Mn |
| Dec 31, 2023 | 1.87 Mn |
| Sep 30, 2023 | 2.38 Mn |
| Jun 30, 2023 | 2.50 Mn |
| Mar 31, 2023 | 2.82 Mn |
| Dec 31, 2022 | 2.28 Mn |
| Sep 30, 2022 | 2.09 Mn |
| Jun 30, 2022 | 1.88 Mn |
| Mar 31, 2022 | 2.63 Mn |
| Dec 31, 2021 | 1.96 Mn |
| Sep 30, 2021 | 2.21 Mn |
API Access
Forum Markets Accumulated 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=accumulated-expenses&ticker=FRMM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "FRMM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=FRMM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();