Flag Ship Acquisition (FSHPU) Operating Expenses (2023 - 2026)
Flag Ship Acquisition (FSHPU) posted quarterly Operating Expenses of $130634.0 for Q1 2026, down 19.4% year-over-year from $162071.0 in Q1 2025, and up 21.24% quarter-over-quarter from $107749.0 in Q4 2025.
Flag Ship Acquisition (FSHPU) Operating Expenses (2023 - 2026) Analysis & Trends
Flag Ship Acquisition (FSHPU) has reported Operating Expenses for 4 consecutive years, with $130634.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 19.4% year-over-year to $130634.0; the TTM figure through Mar 2026 stood at $627627.0 (down 35.67% YoY), while the FY2025 annual figure was $659064.0, down 25.89% from the prior year.
- Operating Expenses advanced to $130634.0 in Q1 2026 per FSHPU's latest filing, from $107749.0 in the prior quarter.
- Across five years, Operating Expenses topped out at $402971.0 in Q3 2024 and bottomed at $12345.0 in Q4 2023.
- Historically, Operating Expenses has averaged $157922.7 across 4 years, with a median of $130634.0 in 2026.
- Annual changes were most pronounced in 2024 — Operating Expenses surged 2593.54% — and 2025, when it slumped 67.6%.
- Flag Ship Acquisition's Operating Expenses stood at $12345.0 in 2023, then soared by 2593.54% to $332518.0 in 2024, then plunged by 67.6% to $107749.0 in 2025, then grew by 21.24% to $130634.0 in 2026.
- Business Quant data shows FSHPU's Operating Expenses at $130634.0 in Q1 2026, $107749.0 in Q4 2025, and $236596.0 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Oxley Bridge Acquisition | 585.76 Mn | 585.76 Mn | - | 124,777.00 |
| 2 | Launch Two Acquisition | 557.86 Mn | 557.86 Mn | - | 194,528.00 |
| 3 | Drugs Made In America Acquisition | 506.00 Mn | 506.00 Mn | - | 112,227.00 |
| 4 | Cantor Equity Partners IV | 468.00 Mn | 468.00 Mn | - | 174,182.00 |
| 5 | New Providence Acquisition Corp. III | 401.18 Mn | 401.18 Mn | - | 531,206.00 |
| 6 | GP-Act III Acquisition | 401.06 Mn | 401.06 Mn | - | 1.47 Mn |
| 7 | Aldel Financial | 397.49 Mn | 397.49 Mn | - | 115,742.00 |
| 8 | Pioneer Acquisition I | 390.89 Mn | 653.32 Mn | - | 177,258.00 |
| 9 | Republic Digital Acquisition | 389.25 Mn | 388.51 Mn | - | 96,300.00 |
| 10 | Flag Ship Acquisition | 21.97 Mn | 21.72 Mn | - | 110,045.00 |
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 |