Forum Markets (FRMM) Operating Expenses (2017 - 2026)
Forum Markets (FRMM) recorded quarterly Operating Expenses of $7.5 million in Q1 2026, down 37.79% quarter-over-quarter from $12.0 million in Q4 2025, and up 280.88% on a YoY basis from $2.0 million in Q1 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.
- In Q1 2026, Operating Expenses rose 280.88% year-over-year to $7.5 million; the TTM figure through Mar 2026 stood at $245.9 million (up 4489.73% YoY), while the FY2025 annual figure was $240.0 million, up 5331.03% from the prior year.
- Operating Expenses was $7.5 million for Q1 2026 at Forum Markets, down from $12.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $224.6 million in Q3 2025 to a low of $596172.0 in Q3 2024.
- Historically, Operating Expenses has averaged $16.7 million across 5 years, with a median of $3.7 million in 2022.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses sank 83.15% in 2024, then surged 37574.45% in 2025.
- A 5-year view of Operating Expenses shows it stood at $5.6 million in 2022, then plunged by 74.25% to $1.5 million in 2023, then slumped by 34.8% to $947035.0 in 2024, then surged by 1171.6% to $12.0 million in 2025, then sank by 37.79% to $7.5 million in 2026.
- The last three Operating Expenses figures came in at $7.5 million (Q1 2026), $12.0 million (Q4 2025), and $224.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 262.33 Bn | 244.36 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 173.49 Bn | 170.93 Bn | - | -269.42 Mn |
| 3 | Salesforce | 158.80 Bn | 146.96 Bn | 8.56 Bn | 6.22 Bn |
| 4 | Shopify | 144.36 Bn | 138.62 Bn | 1.55 Bn | 1.16 Bn |
| 5 | Uber Technologies | 144.25 Bn | 143.21 Bn | 11.88 Bn | 11.28 Bn |
| 6 | ServiceNow | 118.74 Bn | 113.56 Bn | 2.83 Bn | 2.33 Bn |
| 7 | Cadence Design Systems | 107.33 Bn | 105.92 Bn | 1.26 Bn | 1.04 Bn |
| 8 | Adobe | 100.50 Bn | 93.61 Bn | 5.73 Bn | 3.32 Bn |
| 9 | Automatic Data Processing | 92.49 Bn | 89.26 Bn | 2.87 Bn | 4.23 Bn |
| 10 | Forum Markets | 112.04 Mn | 46.13 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 |