Galaxy Gaming (GLXZ) Operating Expenses (2010 - 2026)
Galaxy Gaming (GLXZ) posted quarterly Operating Expenses of $5.5 million for Q1 2026, down 5.52% year-over-year from $5.8 million in Q1 2025, and down 6.64% quarter-over-quarter from $5.9 million in Q4 2025.
Galaxy Gaming (GLXZ) Operating Expenses (2010 - 2026) Analysis & Trends
Galaxy Gaming (GLXZ) has reported Operating Expenses for 17 consecutive years, with $5.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 5.52% year-over-year to $5.5 million; the TTM figure through Mar 2026 stood at $22.4 million (down 14.46% YoY), while the FY2025 annual figure was $22.7 million, down 12.83% from the prior year.
- Operating Expenses declined to $5.5 million in Q1 2026 per GLXZ's latest filing, from $5.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at $7.8 million in Q3 2024 and bottomed at $3.7 million in Q4 2022.
- Historically, Operating Expenses has averaged $5.4 million across 5 years, with a median of $5.4 million in 2023.
- Annual changes were most pronounced in 2023 — Operating Expenses jumped 46.49% — and 2025, when it sank 30.23%.
- Galaxy Gaming's Operating Expenses stood at $3.7 million in 2022, then surged by 46.49% to $5.4 million in 2023, then increased by 17.85% to $6.4 million in 2024, then dropped by 8.09% to $5.9 million in 2025, then slipped by 6.64% to $5.5 million in 2026.
- Business Quant data shows GLXZ's Operating Expenses at $5.5 million in Q1 2026, $5.9 million in Q4 2025, and $5.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.95 Bn | 16.39 Bn | 1.71 Bn | 1.56 Bn |
| 2 | DraftKings | 12.99 Bn | 12.00 Bn | 551.45 Mn | 491.98 Mn |
| 3 | Super Group (SGHC) | 6.71 Bn | 6.29 Bn | - | -470.00 Mn |
| 4 | Churchill Downs | 6.57 Bn | 6.37 Bn | 712.00 Mn | 623.00 Mn |
| 5 | Rush Street Interactive | 2.84 Bn | 2.50 Bn | 139.66 Mn | 347.55 Mn |
| 6 | Brightstar Lottery | 2.25 Bn | 980.32 Mn | 297.00 Mn | 60.00 Mn |
| 7 | Accel Entertainment | 987.75 Mn | 732.30 Mn | 115.51 Mn | 336.07 Mn |
| 8 | Codere Online Luxembourg | 415.46 Mn | 346.04 Mn | - | - |
| 9 | Inspired Entertainment | 175.48 Mn | 151.08 Mn | 52.10 Mn | 24.20 Mn |
| 10 | Galaxy Gaming | 68.58 Mn | 63.82 Mn | 7.86 Mn | 6.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.04 Mn |
| Mar 31, 2026 | 5.49 Mn |
| Dec 31, 2025 | 5.88 Mn |
| Sep 30, 2025 | 5.42 Mn |
| Jun 30, 2025 | 5.58 Mn |
| Mar 31, 2025 | 5.81 Mn |
| Dec 31, 2024 | 6.40 Mn |
| Sep 30, 2024 | 7.77 Mn |
| Jun 30, 2024 | 6.18 Mn |
| Mar 31, 2024 | 5.69 Mn |
| Dec 31, 2023 | 5.43 Mn |
| Sep 30, 2023 | 5.39 Mn |
| Jun 30, 2023 | 5.07 Mn |
| Mar 31, 2023 | 5.16 Mn |
| Dec 31, 2022 | 3.70 Mn |
| Sep 30, 2022 | 4.61 Mn |
| Jun 30, 2022 | 4.73 Mn |
| Mar 31, 2022 | 4.33 Mn |
| Dec 31, 2021 | 3.82 Mn |
| Sep 30, 2021 | 4.10 Mn |