Karbon-X (KARX) Operating Expenses (2018 - 2026)
Karbon-X's (KARX) quarterly Operating Expenses came in at $2.8 million in Q1 2026, up 55.75% on a YoY basis from $1.8 million in Q1 2025, and down 1.23% quarter-over-quarter from $2.9 million in Q4 2025.
Analysis
Karbon-X (KARX) Operating Expenses (2018 - 2026) Analysis & Trends
Karbon-X (KARX) has reported Operating Expenses for 9 consecutive years, with $2.8 million the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 55.75% year-over-year to $2.8 million; the trailing twelve-month figure through Feb 2026 stood at $11.4 million (up 131.51% YoY), and the FY2025 full-year result was $7.4 million, up 375.36% from the prior year.
- Operating Expenses declined to $2.8 million in Q1 2026 per KARX's latest filing, from $2.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at $3.0 million in Q2 2025 and bottomed at $1865.0 in Q1 2022.
- Historically, Operating Expenses has averaged $1.2 million across 5 years, with a median of $543347.0 in 2024.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses plunged 84.84% in 2022, then jumped 20913.3% in 2023.
- Over 5 years, Operating Expenses stood at $142415.0 in 2022, then jumped by 113.01% to $303357.0 in 2023, then jumped by 472.22% to $1.7 million in 2024, then soared by 65.49% to $2.9 million in 2025, then slipped by 1.23% to $2.8 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $2.8 million, $2.9 million, and $2.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 43.58 Bn | 43.58 Bn | 4.68 Bn | 4.66 Bn |
| 2 | Royalty Pharma | 26.96 Bn | 26.12 Bn | - | 541.02 Mn |
| 3 | Royal Gold | 22.24 Bn | 22.06 Bn | 390.45 Mn | 173.18 Mn |
| 4 | OR Royalties | 6.98 Bn | 6.90 Bn | 82.22 Mn | -19.41 Mn |
| 5 | Encore Capital | 2.11 Bn | 1.93 Bn | 455.04 Mn | 304.97 Mn |
| 6 | Atlanticus Holdings | 1.41 Bn | 850.41 Mn | 686.46 Mn | 157.57 Mn |
| 7 | Jefferson Capital | 1.20 Bn | 1.18 Bn | - | 95.35 Mn |
| 8 | Upbound | 1.06 Bn | 956.16 Mn | 594.84 Mn | 540.58 Mn |
| 9 | Lufax Holding | 1.05 Bn | -1.58 Bn | - | -1.02 Bn |
| 10 | Karbon-X | 14.05 Mn | 10.00 Mn | -1.52 Mn | 2.84 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Feb 28, 2026 | 2.84 Mn |
| Nov 30, 2025 | 2.87 Mn |
| Aug 31, 2025 | 2.66 Mn |
| May 31, 2025 | 3.04 Mn |
| Feb 28, 2025 | 1.82 Mn |
| Nov 30, 2024 | 1.74 Mn |
| Aug 31, 2024 | 825,684.00 |
| May 31, 2024 | 543,347.00 |
| Feb 29, 2024 | 394,863.00 |
| Nov 30, 2023 | 303,357.00 |
| Aug 31, 2023 | 325,474.00 |
| May 31, 2023 | 1.32 Mn |
| Feb 28, 2023 | 391,898.00 |
| Nov 30, 2022 | 142,415.00 |
| Aug 31, 2022 | 195,868.00 |
| May 31, 2022 | 203,964.00 |
| Feb 28, 2022 | 1,865.00 |
| Nov 30, 2021 | 1,192.00 |
| Aug 31, 2021 | 1,579.00 |
| May 31, 2021 | 1,127.00 |