Fusemachines (FUSE) Operating Expenses (2024 - 2026)
Fusemachines (FUSE) posted Operating Expenses of $4.0 million for Q1 2026, down 52.28% sequentially from $8.3 million in Q4 2025, and up 65.54% YoY from $2.4 million in Q1 2025.
Fusemachines (FUSE) Operating Expenses (2024 - 2026) Analysis & Trends
Fusemachines has reported Operating Expenses for 3 years, with the latest figure at $4.0 million in Q1 2026.
- Quarterly Operating Expenses rose 65.54% year-over-year to $4.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $15.9 million (changed N/A YoY) and the FY2025 annual result came in at $10.3 million, down 21.24% from the prior year.
- Operating Expenses eased to $4.0 million in Q1 2026 per FUSE's latest filing, from $8.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at $11.6 million in Q4 2024 and troughed at $613027.0 in Q3 2024.
- A 3-year average of $4.7 million and a median of $3.2 million in 2025 frame the typical range for Operating Expenses.
- The widest YoY moves for Operating Expenses: up 84.76% in 2025, down 28.16% in 2025.
- Over 3 years, Operating Expenses stood at $11.6 million in 2024, then declined by 28.16% to $8.3 million in 2025, then sank by 52.28% to $4.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $4.0 million, $8.3 million, and $1.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -16.33 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.22 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 6.22 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 12.30 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.25 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 4.34 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 3.67 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.54 Bn |
| 10 | Fusemachines | 24.64 Mn | 24.27 Mn | 963,000.00 | 3.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.65 Mn |
| Mar 31, 2026 | 3.98 Mn |
| Dec 31, 2025 | 8.35 Mn |
| Sep 30, 2025 | 1.13 Mn |
| Mar 31, 2025 | 2.41 Mn |
| Dec 31, 2024 | 11.62 Mn |
| Sep 30, 2024 | 613,027.00 |