Graf Global (GRAF) Operating Expenses (2023 - 2026)
Graf Global (GRAF) reported Operating Expenses of $31045.0 for Q1 2026, down 88.63% on a YoY basis from $273149.0 in Q1 2025, and down 94.46% quarter-over-quarter from $560484.0 in Q4 2025.
Graf Global (GRAF) Operating Expenses (2023 - 2026) Analysis & Trends
Graf Global has reported Operating Expenses for 4 years, with the latest figure at $31045.0 in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 88.63% year-over-year to $31045.0; the trailing twelve-month figure through Mar 2026 stood at $1.6 million (up 108.78% YoY), and the FY2025 full-year result was $1.8 million, up 243.54% from the prior year.
- Operating Expenses for Q1 2026 stood at $31045.0, down from $560484.0 in the prior quarter.
- The five-year high for Operating Expenses was $798184.0 in Q3 2025, with the low at $3106.0 in Q4 2023.
- Historically, Operating Expenses has averaged $239056.8 across 4 years, with a median of $194264.0 in 2024.
- Annual changes were most pronounced in 2024 — Operating Expenses surged 6942.4% — and 2026, when it slumped 88.63%.
- Graf Global's Operating Expenses stood at $3106.0 in 2023, then surged by 6942.4% to $218737.0 in 2024, then soared by 156.24% to $560484.0 in 2025, then tumbled by 94.46% to $31045.0 in 2026.
- The last three Operating Expenses figures came in at $31045.0 (Q1 2026), $560484.0 (Q4 2025), and $798184.0 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | EQV Ventures Acquisition | 477.69 Mn | 477.69 Mn | - | 427,850.00 |
| 2 | Berto Acquisition | 312.46 Mn | 312.46 Mn | - | 482,100.00 |
| 3 | Centurion Acquisition | 311.65 Mn | 311.65 Mn | - | 201,744.00 |
| 4 | GP-Act III Acquisition | 311.36 Mn | 311.36 Mn | - | 84,204.00 |
| 5 | Churchill Capital Corp IX | 310.79 Mn | 310.79 Mn | - | 1.15 Mn |
| 6 | WEN Acquisition | 309.15 Mn | 309.15 Mn | - | 225,545.00 |
| 7 | Bold Eagle Acquisition | 275.54 Mn | 275.54 Mn | - | 198,194.00 |
| 8 | Soulpower Acquisition | 264.91 Mn | 264.91 Mn | - | 685,558.00 |
| 9 | BTC Development | 262.16 Mn | 262.16 Mn | - | 540,761.00 |
| 10 | Graf Global | 189.18 Mn | 189.18 Mn | - | 31,045.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2024 | 46,200.00 |
| Dec 31, 2023 | 3,106.00 |