Ip Strategy Holdings (IPST) Operating Expenses (2023 - 2026)
Ip Strategy Holdings (IPST) posted quarterly Operating Expenses of $67.6 million for Q1 2026, up 2381.1% year-over-year from $2.7 million in Q1 2025, and down 46.77% quarter-over-quarter from $126.9 million in Q4 2025.
Ip Strategy Holdings (IPST) Operating Expenses (2023 - 2026) Analysis & Trends
Ip Strategy Holdings' Operating Expenses history runs 4 years deep, the most recent figure standing at $67.6 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 2381.1% year-over-year to $67.6 million; the TTM figure through Mar 2026 stood at $204.3 million (up 1092.74% YoY), while the FY2025 annual figure was $139.5 million, up 718.46% from the prior year.
- Operating Expenses for Q1 2026 stood at $67.6 million, down from $126.9 million in the prior quarter.
- The five-year high for Operating Expenses was $126.9 million in Q4 2025, with the low at $2.6 million in Q1 2024.
- The 4-year median for Operating Expenses is $3.0 million (2025), against an average of $20.9 million.
- The sharpest annual moves came in 2024 and 2026: Operating Expenses fell 2.28% in 2024, then surged 2381.1% in 2026.
- Ip Strategy Holdings' Operating Expenses stood at $2.8 million in 2023, then soared by 203.79% to $8.7 million in 2024, then jumped by 1366.67% to $126.9 million in 2025, then tumbled by 46.77% to $67.6 million in 2026.
- Business Quant data shows IPST's Operating Expenses at $67.6 million in Q1 2026, $126.9 million in Q4 2025, and $3.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 13.90 Bn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 11.67 Bn |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 3.40 Bn |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 734.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 440.00 Mn |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 4.67 Bn |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 313.68 Mn |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 254.49 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | -200.78 Mn |
| 10 | Ip Strategy Holdings | 4.17 Mn | 4.17 Mn | 1.17 Mn | 67.56 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 67.56 Mn |
| Dec 31, 2025 | 126.92 Mn |
| Sep 30, 2025 | 2.98 Mn |
| Jun 30, 2025 | 6.88 Mn |
| Mar 31, 2025 | 2.72 Mn |
| Dec 31, 2024 | 8.65 Mn |
| Sep 30, 2024 | 2.71 Mn |
| Jun 30, 2024 | 3.05 Mn |
| Mar 31, 2024 | 2.64 Mn |
| Dec 31, 2023 | 2.85 Mn |
| Sep 30, 2023 | 2.77 Mn |