Marchex (MCHX) Operating Expenses (2010 - 2025)

Marchex (MCHX) reported Operating Expenses of $13.2 million for Q4 2025, down 2.09% year-over-year from $13.5 million in Q4 2024, and up 6.19% quarter-over-quarter from $12.5 million in Q3 2025.

Marchex (MCHX) Operating Expenses (2010 - 2025) Analysis & Trends

Marchex (MCHX) has 16 years of Operating Expenses data on file, last reported at $13.2 million in Q4 2025.

  • Operating Expenses for Q4 2025 came in at $13.2 million, down 2.09% year-over-year; the trailing twelve-month figure through Dec 2025 was $51.1 million (down 2.71% YoY), and the FY2025 annual result was $51.1 million, down 2.71% from the prior year.
  • Operating Expenses grew to $13.2 million in Q4 2025 per MCHX's latest filing, from $12.5 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $18.2 million in Q1 2021 and troughed at $12.2 million in Q2 2025.
  • A 5-year average of $14.4 million and a median of $14.3 million in 2021 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses rose 13.72% in 2023, then fell 22.93% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $14.6 million in 2021, then grew by 8.48% to $15.8 million in 2022, then declined by 14.54% to $13.5 million in 2023, then decreased by 0.04% to $13.5 million in 2024, then slipped by 2.09% to $13.2 million in 2025.
  • Business Quant data shows MCHX's Operating Expenses at $13.2 million in Q4 2025, $12.5 million in Q3 2025, and $12.2 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 AppLovin 175.91 Bn 173.15 Bn 1.78 Bn 402.52 Mn
2 Omnicom 22.52 Bn 18.86 Bn 1.04 Bn 5.60 Bn
3 Trade Desk 9.46 Bn 8.05 Bn 506.89 Mn 622.21 Mn
4 Wpp 2.71 Bn -875.81 Mn - -
5 Nexxen International 2.36 Bn 2.23 Bn 70.41 Mn 75.27 Mn
6 Magnite 2.27 Bn 2.09 Bn 118.28 Mn 156.65 Mn
7 Ziff Davis 1.74 Bn 1.22 Bn 152.41 Mn 264.71 Mn
8 DoubleVerify Holdings 1.69 Bn 1.51 Bn 135.23 Mn 71.10 Mn
9 Stagwell 1.60 Bn 1.51 Bn 244.61 Mn 694.50 Mn
10 Marchex 7.08 Mn -2.86 Mn 7.66 Mn 13.23 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 13.23 Mn
Sep 30, 2025 12.46 Mn
Jun 30, 2025 12.19 Mn
Mar 31, 2025 13.27 Mn
Dec 31, 2024 13.51 Mn
Sep 30, 2024 13.38 Mn
Jun 30, 2024 12.80 Mn
Mar 31, 2024 12.89 Mn
Dec 31, 2023 13.52 Mn
Sep 30, 2023 14.10 Mn
Jun 30, 2023 15.22 Mn
Mar 31, 2023 16.72 Mn
Dec 31, 2022 15.81 Mn
Sep 30, 2022 14.80 Mn
Jun 30, 2022 15.01 Mn
Mar 31, 2022 14.70 Mn
Dec 31, 2021 14.58 Mn
Sep 30, 2021 15.60 Mn
Jun 30, 2021 16.87 Mn
Mar 31, 2021 18.23 Mn