Flag Ship Acquisition (FSHP) Operating Expenses (2023 - 2026)
Flag Ship Acquisition (FSHP) reported Operating Expenses of $107749.0 for Q4 2025, down 67.6% year-over-year from $332518.0 in Q4 2024, and down 54.46% quarter-over-quarter from $236596.0 in Q3 2025.
Flag Ship Acquisition (FSHP) Operating Expenses (2023 - 2026) Analysis & Trends
Flag Ship Acquisition (FSHP) has 3 years of Operating Expenses data on file, last reported at $107749.0 in Q4 2025.
- Operating Expenses for Q4 2025 came in at $107749.0, down 67.6% year-over-year; the trailing twelve-month figure through Dec 2025 was $659064.0 (down 25.89% YoY), and the FY2025 annual result was $659064.0, down 25.89% from the prior year.
- Operating Expenses fell to $107749.0 in Q4 2025 per FSHP's latest filing, from $236596.0 in the prior quarter.
- Over five years, Operating Expenses peaked at $402971.0 in Q3 2024 and troughed at $1704.0 in Q2 2023.
- A 3-year average of $146201.8 and a median of $107749.0 in 2025 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses soared 4478.7% in 2024, then slumped 67.6% in 2025.
- A 3-year view of Operating Expenses shows it stood at $12345.0 in 2023, then surged by 2593.54% to $332518.0 in 2024, then tumbled by 67.6% to $107749.0 in 2025.
- Business Quant data shows FSHP's Operating Expenses at $107749.0 in Q4 2025, $236596.0 in Q3 2025, and $152648.0 in Q2 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | EQV Ventures Acquisition | 477.69 Mn | 477.69 Mn | - | 427,850.00 |
| 2 | Berto Acquisition | 312.76 Mn | 312.76 Mn | - | 482,100.00 |
| 3 | Centurion Acquisition | 312.51 Mn | 312.51 Mn | - | 201,744.00 |
| 4 | Churchill Capital Corp IX | 310.79 Mn | 310.79 Mn | - | 1.15 Mn |
| 5 | WEN Acquisition | 309.15 Mn | 309.15 Mn | - | 225,545.00 |
| 6 | Agriculture & Natural Solutions Acquisition | 303.01 Mn | 303.01 Mn | - | 612,993.00 |
| 7 | Bold Eagle Acquisition | 275.54 Mn | 275.54 Mn | - | 198,194.00 |
| 8 | Soulpower Acquisition | 265.17 Mn | 265.17 Mn | - | 685,558.00 |
| 9 | BTC Development | 261.90 Mn | 261.90 Mn | - | 540,761.00 |
| 10 | Flag Ship Acquisition | 21.65 Mn | 21.65 Mn | - | 130,634.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 130,634.00 |
| Dec 31, 2025 | 107,749.00 |
| Sep 30, 2025 | 236,596.00 |
| Jun 30, 2025 | 152,648.00 |
| Mar 31, 2025 | 162,071.00 |
| Dec 31, 2024 | 332,518.00 |
| Sep 30, 2024 | 402,971.00 |
| Jun 30, 2024 | 78,021.00 |
| Mar 31, 2024 | 75,788.00 |
| Dec 31, 2023 | 12,345.00 |
| Sep 30, 2023 | 45,809.00 |
| Jun 30, 2023 | 1,704.00 |