Vulcan Infrastructure & Power (GREEL) Operating Expenses (2020 - 2026)
Vulcan Infrastructure & Power (GREEL) posted quarterly Operating Expenses of $25.4 million for Q1 2026, up 17.35% year-over-year from $21.6 million in Q1 2025, and up 159.85% quarter-over-quarter from $9.8 million in Q4 2025.
Vulcan Infrastructure & Power (GREEL) Operating Expenses (2020 - 2026) Analysis & Trends
Vulcan Infrastructure & Power (GREEL) has reported Operating Expenses for 7 consecutive years, with $25.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 17.35% year-over-year to $25.4 million; the TTM figure through Mar 2026 stood at $66.3 million (down 7.31% YoY), while the FY2025 annual figure was $62.6 million, down 11.85% from the prior year.
- Operating Expenses rose to $25.4 million in Q1 2026 per GREEL's latest filing, from $9.8 million in the prior quarter.
- Across five years, Operating Expenses topped out at $145.1 million in Q4 2022 and bottomed at $9.8 million in Q4 2025.
- Historically, Operating Expenses has averaged $33.5 million across 5 years, with a median of $21.1 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 4708.07% — and 2023, when it tumbled 90.27%.
- Vulcan Infrastructure & Power's Operating Expenses stood at $145.1 million in 2022, then sank by 90.27% to $14.1 million in 2023, then increased by 14.13% to $16.1 million in 2024, then plunged by 39.33% to $9.8 million in 2025, then surged by 159.85% to $25.4 million in 2026.
- Business Quant data shows GREEL's Operating Expenses at $25.4 million in Q1 2026, $9.8 million in Q4 2025, and $14.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 338.83 Bn | 205.30 Bn | - | 13.90 Bn |
| 2 | Goldman Sachs | 316.34 Bn | -660.01 Bn | - | 11.67 Bn |
| 3 | Schwab Charles | 220.55 Bn | 135.80 Bn | - | 3.29 Bn |
| 4 | Futu Holdings | 121.48 Bn | 105.59 Bn | 733.58 Mn | -200.78 Mn |
| 5 | Robinhood Markets | 84.07 Bn | 66.74 Bn | 1.20 Bn | 734.00 Mn |
| 6 | Iren | 68.17 Bn | 65.95 Bn | 104.86 Mn | 81.75 Mn |
| 7 | ATIF Holdings | 45.42 Bn | 45.42 Bn | - | - |
| 8 | Interactive Brokers | 39.54 Bn | -3.28 Bn | - | 381.00 Mn |
| 9 | LPL Financial Holdings | 28.27 Bn | 25.57 Bn | - | 4.67 Bn |
| 10 | Vulcan Infrastructure & Power | 403.29 Mn | 396.24 Mn | 17.59 Mn | 25.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.39 Mn |
| Dec 31, 2025 | 9.77 Mn |
| Sep 30, 2025 | 14.92 Mn |
| Jun 30, 2025 | 16.26 Mn |
| Mar 31, 2025 | 21.63 Mn |
| Dec 31, 2024 | 16.10 Mn |
| Sep 30, 2024 | 17.00 Mn |
| Jun 30, 2024 | 16.82 Mn |
| Mar 31, 2024 | 21.06 Mn |
| Dec 31, 2023 | 14.11 Mn |
| Sep 30, 2023 | 31.00 Mn |
| Jun 30, 2023 | 21.35 Mn |
| Mar 31, 2023 | 20.82 Mn |
| Dec 31, 2022 | 145.06 Mn |
| Sep 30, 2022 | 40.49 Mn |
| Jun 30, 2022 | 109.64 Mn |
| Mar 31, 2022 | 27.94 Mn |
| Dec 31, 2021 | -3.15 Mn |
| Sep 30, 2021 | 47.62 Mn |
| Jun 30, 2021 | 10.89 Mn |