Ip Strategy Holdings IPST
NASDAQ IPST
$8.59 -1.06 (-10.98%)
As of: Aug 24, 2026 · 3:59 PM EDT

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
DateValue
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