Graf Global (GRAF-WT) Operating Expenses (2023 - 2026)

Graf Global (GRAF-WT) posted Operating Expenses of $31045.0 for Q1 2026, down 94.46% on a QoQ basis from $560484.0 in Q4 2025, and down 88.63% year-over-year from $273149.0 in Q1 2025.

Graf Global (GRAF-WT) Operating Expenses (2023 - 2026) Analysis & Trends

Graf Global's Operating Expenses history runs 4 years deep, the most recent figure standing at $31045.0 for Q1 2026.

  • Quarterly Operating Expenses fell 88.63% year-over-year to $31045.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.6 million (up 108.78% YoY) and the FY2025 annual result came in at $1.8 million, up 243.54% from the prior year.
  • Operating Expenses was $31045.0 for Q1 2026 at Graf Global, down from $560484.0 in the prior quarter.
  • Across five years, Operating Expenses topped out at $798184.0 in Q3 2025 and bottomed at $3106.0 in Q4 2023.
  • A 4-year average of $260485.3 and a median of $195207.0 in 2024 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2024 — Operating Expenses surged 6942.4% — and 2026, when it sank 88.63%.
  • Graf Global's Operating Expenses stood at $3106.0 in 2023, then jumped by 6942.4% to $218737.0 in 2024, then surged by 156.24% to $560484.0 in 2025, then sank by 94.46% to $31045.0 in 2026.
  • Business Quant data shows GRAF-WT's Operating Expenses at $31045.0 in Q1 2026, $560484.0 in Q4 2025, and $798184.0 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 Graf Global 1.85 Mn 1.85 Mn - 31,045.00

Historic Data

Download Data
DateValue
Mar 31, 2026 31,045.00
Dec 31, 2025 560,484.00
Sep 30, 2025 798,184.00
Jun 30, 2025 193,321.00
Mar 31, 2025 273,149.00
Dec 31, 2024 218,737.00
Sep 30, 2024 195,207.00
Jun 30, 2024 71,135.00
Dec 31, 2023 3,106.00