Ip Strategy Holdings (IPST) Operating Expenses (2023 - 2026)
Ip Strategy Holdings' quarterly Operating Expenses came in at $67.6 million in Q1 2026, up 2381.1% year-on-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 has reported Operating Expenses for 4 years, with the latest figure at $67.6 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 2381.1% year-over-year to $67.6 million; the trailing twelve-month figure through Mar 2026 stood at $204.3 million (up 1092.74% YoY), and the FY2025 full-year result 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 $687018.0 in Q3 2023.
- Average Operating Expenses over 4 years is $21.5 million, with a median of $3.0 million recorded in 2024.
- Year-over-year, Operating Expenses retreated 24.9% in 2024 and surged 2381.1% in 2026.
- Tracing IPST's Operating Expenses over 4 years: stood at $11.5 million in 2023, then dropped by 24.9% to $8.7 million in 2024, then soared by 1366.67% to $126.9 million in 2025, then tumbled by 46.77% to $67.6 million in 2026.
- The last three Operating Expenses figures came in at $67.6 million (Q1 2026), $126.9 million (Q4 2025), and $3.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 13.47 Bn |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 10.43 Bn |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 3.29 Bn |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 656.00 Mn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 381.00 Mn |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 242.35 Mn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 4.45 Bn |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | 81.75 Mn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 330.51 Mn |
| 10 | Ip Strategy Holdings | 2.57 Mn | 2.57 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 | 11.52 Mn |
| Sep 30, 2023 | 2.77 Mn |