Marblegate Capital (MGTE) Operating Expenses (2024 - 2026)
Marblegate Capital's (MGTE) quarterly Operating Expenses came in at $14.8 million in Q4 2025, up 278.93% YoY from $3.9 million in Q4 2024, and up 12.38% on a QoQ basis from $13.2 million in Q3 2025.
Marblegate Capital (MGTE) Operating Expenses (2024 - 2026) Analysis & Trends
Marblegate Capital (MGTE) has 2 years of Operating Expenses data on file, last reported at $14.8 million in Q4 2025.
- Quarterly Operating Expenses rose 278.93% year-over-year to $14.8 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $44.8 million (up 222.89% YoY) and the FY2025 annual result came in at $47.7 million, up 219.86% from the prior year.
- Operating Expenses grew to $14.8 million in Q4 2025, from $13.2 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $14.8 million in Q4 2025 to a low of $2.4 million in Q1 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Launch Two Acquisition | 557.86 Mn | 557.86 Mn | - | 194,528.00 |
| 2 | Drugs Made In America Acquisition | 507.00 Mn | 507.00 Mn | - | 112,227.00 |
| 3 | Cantor Equity Partners IV | 467.55 Mn | 467.55 Mn | - | 174,182.00 |
| 4 | GP-Act III Acquisition | 401.06 Mn | 401.06 Mn | - | 1.47 Mn |
| 5 | Aldel Financial | 397.49 Mn | 397.49 Mn | - | 115,742.00 |
| 6 | Gores Holdings X | 381.05 Mn | 380.85 Mn | - | - |
| 7 | Agriculture & Natural Solutions Acquisition | 377.29 Mn | 377.04 Mn | - | 390,784.00 |
| 8 | Blue Water Acquisition Corp. III | 342.12 Mn | 342.08 Mn | - | 197,949.00 |
| 9 | Berto Acquisition | 313.96 Mn | 313.81 Mn | - | 1.62 Mn |
| 10 | Marblegate Capital | 87.22 Mn | 180.32 Mn | - | 20.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 20.98 Mn |
| Dec 31, 2025 | 14.84 Mn |
| Sep 30, 2025 | 13.20 Mn |
| Jun 30, 2025 | 14.20 Mn |
| Mar 31, 2025 | 2.58 Mn |
| Dec 31, 2024 | 3.92 Mn |
| Sep 30, 2024 | 3.59 Mn |
| Jun 30, 2024 | 3.94 Mn |
| Mar 31, 2024 | 2.44 Mn |