Gambling.com (GAMB) Operating Expenses (2020 - 2025)

Gambling.com's (GAMB) quarterly Operating Expenses came in at -$15.4 million in Q4 2025, down 38.76% year-on-year from -$25.1 million in Q4 2024, and down 12.08% quarter-over-quarter from -$13.7 million in Q3 2025.

Gambling.com (GAMB) Operating Expenses (2020 - 2025) Analysis & Trends

Gambling.com has disclosed Operating Expenses across 6 years of filings, most recently posting -$15.4 million for Q4 2025.

  • Operating Expenses for Q4 2025 came in at -$15.4 million, down 38.76% year-over-year; the trailing twelve-month figure through Dec 2025 was -$56.5 million (down 42.75% YoY), and the FY2025 annual result was $57.0 million, up 30.36% from the prior year.
  • Operating Expenses came in at -$15.4 million for Q4 2025 at Gambling.com, down from -$13.7 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of -$3.5 million in Q1 2021 to a low of -$15.4 million in Q4 2025.
  • The 5-year median for Operating Expenses is -$8.5 million (2021), against an average of -$9.0 million.
  • Across the five-year window, Operating Expenses sank 141.41% in 2021 and climbed 17.38% in 2022, its largest moves.
  • Gambling.com's Operating Expenses stood at -$5.1 million in 2021, then tumbled by 46.22% to -$7.4 million in 2022, then sank by 35.67% to -$10.1 million in 2023, then dropped by 10.12% to -$11.1 million in 2024, then sank by 38.76% to -$15.4 million in 2025.
  • The last three Operating Expenses figures came in at -$15.4 million (Q4 2025), -$13.7 million (Q3 2025), and -$14.6 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Flutter Entertainment 17.90 Bn 16.81 Bn 1.84 Bn 792.00 Mn
2 DraftKings 13.03 Bn 12.02 Bn 696.69 Mn 289.11 Mn
3 Churchill Downs 6.18 Bn 6.02 Bn 475.00 Mn 520.00 Mn
4 Rush Street Interactive 2.98 Bn 2.81 Bn 132.17 Mn 327.58 Mn
5 Brightstar Lottery 2.10 Bn 1.86 Bn 553.00 Mn 60.00 Mn
6 Accel Entertainment 1.07 Bn 801.63 Mn 109.94 Mn 324.48 Mn
7 Codere Online Luxembourg 539.90 Mn 470.47 Mn - -
8 Bragg Gaming 273.64 Mn 265.89 Mn 18.22 Mn 17.75 Mn
9 Inspired Entertainment 234.31 Mn 190.81 Mn 54.60 Mn 24.30 Mn
10 Gambling.com - - 39.34 Mn -15.36 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -15.36 Mn
Sep 30, 2025 -13.70 Mn
Jun 30, 2025 -14.56 Mn
Mar 31, 2025 -12.87 Mn
Dec 31, 2024 -11.07 Mn
Sep 30, 2024 -9.66 Mn
Jun 30, 2024 -9.33 Mn
Mar 31, 2024 -9.52 Mn
Dec 31, 2023 -10.05 Mn
Sep 30, 2023 -7.36 Mn
Jun 30, 2023 -9.39 Mn
Mar 31, 2023 -7.58 Mn
Dec 31, 2022 -7.41 Mn
Sep 30, 2022 -6.38 Mn
Jun 30, 2022 -6.30 Mn
Mar 31, 2022 -6.19 Mn
Dec 31, 2021 -5.07 Mn
Sep 30, 2021 -7.72 Mn
Jun 30, 2021 -7.24 Mn
Mar 31, 2021 -3.46 Mn