Intchains (ICG) Operating Expenses (2021 - 2025)
Intchains' (ICG) quarterly Operating Expenses came in at -$3.3 million in Q4 2025, up 57.02% on a YoY basis from -$2.1 million in Q4 2024, and up 28.21% quarter-over-quarter from -$4.6 million in Q3 2025.
Analysis
Intchains (ICG) Operating Expenses (2021 - 2025) Analysis & Trends
Intchains (ICG) has reported Operating Expenses for 5 consecutive years, with -$3.3 million the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Operating Expenses rose 57.02% year-over-year to -$3.3 million; the trailing twelve-month figure through Dec 2025 stood at -$16.9 million (up 22.07% YoY), and the FY2025 full-year result was -$17.3 million, up 15.13% from the prior year.
- Operating Expenses improved to -$3.3 million in Q4 2025 per ICG's latest filing, from -$4.6 million in the prior quarter.
- Across five years, Operating Expenses topped out at -$1.6 million in Q1 2022 and bottomed at -$7.7 million in Q4 2024.
- Historically, Operating Expenses has averaged -$3.8 million across 5 years, with a median of -$3.3 million in 2024.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses soared 68.87% in 2022, then sank 155.12% in 2024.
- Over 5 years, Operating Expenses stood at -$5.9 million in 2021, then jumped by 68.87% to -$1.8 million in 2022, then sank by 74.04% to -$3.2 million in 2023, then slumped by 138.99% to -$7.7 million in 2024, then soared by 57.02% to -$3.3 million in 2025.
- According to Business Quant data, Operating Expenses over the past three periods registered -$3.3 million, -$4.6 million, and -$3.7 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,260.79 Bn | 5,195.56 Bn | 72.14 Bn | 8.41 Bn |
| 2 | Broadcom | 1,728.14 Bn | 1,704.17 Bn | 20.46 Bn | 4.50 Bn |
| 3 | Advanced Micro Devices | 842.32 Bn | 829.21 Bn | 6.20 Bn | 4.21 Bn |
| 4 | Arm Holdings | 280.94 Bn | 277.05 Bn | 1.25 Bn | -1.16 Bn |
| 5 | Marvell Technology | 207.04 Bn | 203.10 Bn | 1.46 Bn | 995.90 Mn |
| 6 | Qualcomm | 192.34 Bn | 184.04 Bn | 5.28 Bn | 8.32 Bn |
| 7 | Monolithic Power Systems | 60.66 Bn | 59.25 Bn | 541.07 Mn | 237.18 Mn |
| 8 | Astera Labs | 50.52 Bn | 49.27 Bn | 287.57 Mn | 198.32 Mn |
| 9 | Credo Technology Group Holding | 30.60 Bn | 29.83 Bn | 309.08 Mn | 188.38 Mn |
| 10 | Intchains | 58.89 Mn | -8.83 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -3.30 Mn |
| Sep 30, 2025 | -4.59 Mn |
| Jun 30, 2025 | -3.69 Mn |
| Mar 31, 2025 | -5.30 Mn |
| Dec 31, 2024 | -7.67 Mn |
| Sep 30, 2024 | -5.37 Mn |
| Jun 30, 2024 | -3.34 Mn |
| Mar 31, 2024 | -5.28 Mn |
| Dec 31, 2023 | -3.21 Mn |
| Sep 30, 2023 | -2.71 Mn |
| Jun 30, 2023 | -2.39 Mn |
| Mar 31, 2023 | -2.07 Mn |
| Dec 31, 2022 | -1.85 Mn |
| Sep 30, 2022 | -3.46 Mn |
| Jun 30, 2022 | -2.68 Mn |
| Mar 31, 2022 | -1.56 Mn |
| Dec 31, 2021 | -5.93 Mn |