Flag Ship Acquisition (FSHPR) Operating Expenses (2023 - 2026)

Flag Ship Acquisition's (FSHPR) quarterly Operating Expenses came in at $130634.0 in Q1 2026, down 19.4% year-on-year from $162071.0 in Q1 2025, and up 21.24% on a QoQ basis from $107749.0 in Q4 2025.

Flag Ship Acquisition (FSHPR) Operating Expenses (2023 - 2026) Analysis & Trends

Flag Ship Acquisition (FSHPR) has 4 years of Operating Expenses data on file, last reported at $130634.0 in Q1 2026.

  • On a quarterly basis, Operating Expenses fell 19.4% year-over-year to $130634.0 in Q1 2026; TTM through Mar 2026 was $627627.0, a 35.67% decrease from a year earlier, with the FY2025 full-year figure at $659064.0, down 25.89% from the prior year.
  • Operating Expenses for Q1 2026 stood at $130634.0, up from $107749.0 in the prior quarter.
  • Over the last five years, Operating Expenses for FSHPR reached as high as $402971.0 in Q3 2024 and fell as low as $12345.0 in Q4 2023.
  • Historically, Operating Expenses has averaged $179505.9 across 4 years, with a median of $152648.0 in 2025.
  • Across the five-year window, Operating Expenses soared 2593.54% in 2024 and plunged 67.6% in 2025, its largest moves.
  • Year by year, Operating Expenses stood at $12345.0 in 2023, then surged by 2593.54% to $332518.0 in 2024, then plunged by 67.6% to $107749.0 in 2025, then rose by 21.24% to $130634.0 in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $130634.0 in Q1 2026, $107749.0 in Q4 2025, and $236596.0 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 SIM Acquisition Corp. I 314.52 Mn 314.52 Mn - 126,910.00
2 Thayer Ventures Acquisition 208.29 Mn 208.29 Mn - 394,142.00
3 Newbury Street II Acquisition 185.26 Mn 185.26 Mn - 219,150.00
4 Dynamix 178.78 Mn 178.78 Mn - 731,801.00
5 Hallmark Venture 103.01 Mn 102.76 Mn - 38,571.00
6 Voyager Acquisition 99.58 Mn 99.45 Mn - -
7 Gores Holdings X 95.80 Mn 95.37 Mn - -
8 Archimedes Tech SPAC Partners 89.88 Mn 89.88 Mn - 318,676.00
9 Cohen Circle Acquisition 80.05 Mn 80.05 Mn - 399,870.00
10 Flag Ship Acquisition 176,670.01 174,859.01 - 130,634.00

Historic Data

Download Data
DateValue
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
Dec 31, 2023 12,345.00