Marblegate Capital (MGTE) Operating Expenses (2024 - 2025)
Marblegate Capital (MGTE) posted Operating Expenses of $14.8 million for Q4 2025, up 12.38% on a QoQ basis from $13.2 million in Q3 2025, and up 278.93% year-over-year from $3.9 million in Q4 2024.
Marblegate Capital (MGTE) Operating Expenses (2024 - 2025) Analysis & Trends
Marblegate Capital's Operating Expenses history runs 2 years deep, the most recent figure standing at $14.8 million for 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 was $14.8 million for Q4 2025 at Marblegate Capital, up from $13.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $14.8 million in Q4 2025 and bottomed at $2.4 million in Q1 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | SIM Acquisition Corp. I | 314.52 Mn | 314.52 Mn | - | 126,910.00 |
| 2 | Thayer Ventures Acquisition | 208.29 Mn | 208.29 Mn | - | 394,142.00 |
| 3 | Newbury Street II Acquisition | 185.26 Mn | 185.26 Mn | - | 219,150.00 |
| 4 | Dynamix | 178.78 Mn | 178.78 Mn | - | 731,801.00 |
| 5 | Hallmark Venture | 103.01 Mn | 102.76 Mn | - | 38,571.00 |
| 6 | Voyager Acquisition | 99.58 Mn | 99.45 Mn | - | - |
| 7 | Gores Holdings X | 95.80 Mn | 95.37 Mn | - | - |
| 8 | Archimedes Tech SPAC Partners | 89.88 Mn | 89.88 Mn | - | 318,676.00 |
| 9 | Cohen Circle Acquisition | 80.05 Mn | 80.05 Mn | - | 399,870.00 |
| 10 | Marblegate Capital | 74.55 Mn | 153.08 Mn | - | 14.84 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |