Marchex (MCHX) Operating Expenses (2010 - 2026)
Marchex (MCHX) posted quarterly 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 - 2026) Analysis & Trends
Marchex (MCHX) has reported Operating Expenses for 16 consecutive years, with $13.2 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Operating Expenses fell 2.09% year-over-year to $13.2 million; the TTM figure through Dec 2025 stood at $51.1 million (down 2.71% YoY), while the FY2025 annual figure was $51.1 million, down 2.71% from the prior year.
- Operating Expenses improved to $13.2 million in Q4 2025 per MCHX's latest filing, from $12.5 million in the prior quarter.
- Across five years, Operating Expenses topped out at $18.2 million in Q1 2021 and bottomed at $12.2 million in Q2 2025.
- Historically, Operating Expenses has averaged $14.4 million across 5 years, with a median of $14.3 million in 2021.
- Annual changes were most pronounced in 2023 — Operating Expenses rose 13.72% — and 2024, when it fell 22.93%.
- Marchex's Operating Expenses stood at $14.6 million in 2021, then increased by 8.48% to $15.8 million in 2022, then fell by 14.54% to $13.5 million in 2023, then slipped by 0.04% to $13.5 million in 2024, then dropped 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 | 103.70 Bn | 100.65 Bn | 1.70 Bn | 429.41 Mn |
| 2 | Omnicom | 24.37 Bn | 21.03 Bn | 1.30 Bn | 5.64 Bn |
| 3 | Trade Desk | 6.27 Bn | 4.78 Bn | 530.72 Mn | 613.48 Mn |
| 4 | Wpp | 5.67 Bn | 2.50 Bn | - | - |
| 5 | Magnite | 3.35 Bn | 3.02 Bn | 130.79 Mn | 161.60 Mn |
| 6 | Stagwell | 2.09 Bn | 1.98 Bn | 269.24 Mn | 774.76 Mn |
| 7 | DoubleVerify Holdings | 2.05 Bn | 1.84 Bn | 161.31 Mn | 75.23 Mn |
| 8 | Ziff Davis | 2.02 Bn | 410.50 Mn | 241.03 Mn | 331.46 Mn |
| 9 | Clear Channel Outdoor Holdings | 1.22 Bn | 1.02 Bn | 241.86 Mn | 106.55 Mn |
| 10 | Marchex | 70.19 Mn | 62.03 Mn | 6.60 Mn | 11.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 11.35 Mn |
| 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 |