Forum Markets (FRMM) Operating Expenses (2017 - 2026)
Forum Markets' (FRMM) quarterly Operating Expenses came in at $7.5 million in Q1 2026, up 280.88% year-on-year from $2.0 million in Q1 2025, and down 37.79% quarter-over-quarter from $12.0 million in Q4 2025.
Forum Markets (FRMM) Operating Expenses (2017 - 2026) Analysis & Trends
Forum Markets' Operating Expenses history runs 10 years deep, the most recent figure standing at $7.5 million for Q1 2026.
- On a quarterly basis, Operating Expenses rose 280.88% year-over-year to $7.5 million in Q1 2026; TTM through Mar 2026 was $245.9 million, a 4489.73% increase from a year earlier, with the FY2025 full-year figure at $240.0 million, up 5331.03% from the prior year.
- Operating Expenses slipped to $7.5 million in Q1 2026 per FRMM's latest filing, from $12.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $224.6 million in Q3 2025 and bottomed at $596172.0 in Q3 2024.
- The 5-year median for Operating Expenses is $3.7 million (2022), against an average of $16.7 million.
- Across the five-year window, Operating Expenses sank 83.15% in 2024 and jumped 37574.45% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $5.6 million in 2022, then slumped by 74.25% to $1.5 million in 2023, then plunged by 34.8% to $947035.0 in 2024, then surged by 1171.6% to $12.0 million in 2025, then tumbled by 37.79% to $7.5 million in 2026.
- Per Business Quant, the three latest FRMM Operating Expenses figures stand at $7.5 million (Q1 2026), $12.0 million (Q4 2025), and $224.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -269.42 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 1.16 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 11.28 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 6.22 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 2.66 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 4.23 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 1.25 Bn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 1.04 Bn |
| 10 | Forum Markets | 120.77 Mn | 54.87 Mn | - | 7.49 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.49 Mn |
| Dec 31, 2025 | 12.04 Mn |
| Sep 30, 2025 | 224.60 Mn |
| Jun 30, 2025 | 1.73 Mn |
| Mar 31, 2025 | 1.97 Mn |
| Dec 31, 2024 | 947,035.00 |
| Sep 30, 2024 | 596,172.00 |
| Jun 30, 2024 | 1.85 Mn |
| Mar 31, 2024 | 2.09 Mn |
| Dec 31, 2023 | 1.45 Mn |
| Sep 30, 2023 | 3.54 Mn |
| Jun 30, 2023 | 3.68 Mn |
| Mar 31, 2023 | 4.80 Mn |
| Dec 31, 2022 | 5.64 Mn |
| Sep 30, 2022 | 4.06 Mn |
| Jun 30, 2022 | 4.52 Mn |
| Mar 31, 2022 | 3.68 Mn |
| Dec 31, 2021 | 4.46 Mn |
| Sep 30, 2021 | 4.22 Mn |
| Jun 30, 2021 | 4.01 Mn |