Motorsport Games (MSGM) Operating Expenses (2020 - 2026)
Motorsport Games (MSGM) recorded quarterly Operating Expenses of $2.5 million in Q1 2026, down 8.88% quarter-over-quarter from $2.7 million in Q4 2025, and up 30.3% on a YoY basis from $1.9 million in Q1 2025.
Motorsport Games (MSGM) Operating Expenses (2020 - 2026) Analysis & Trends
Motorsport Games' Operating Expenses history runs 7 years deep, the most recent figure standing at $2.5 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 30.3% year-over-year to $2.5 million; the TTM figure through Mar 2026 stood at $8.1 million (down 14.52% YoY), while the FY2025 annual figure was $7.6 million, down 32.52% from the prior year.
- Operating Expenses was $2.5 million for Q1 2026 at Motorsport Games, down from $2.7 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $16.9 million in Q1 2022 to a low of $1.3 million in Q2 2025.
- Historically, Operating Expenses has averaged $5.0 million across 5 years, with a median of $3.5 million in 2023.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses surged 1449.44% in 2022, then slumped 73.13% in 2024.
- A 5-year view of Operating Expenses shows it stood at $7.5 million in 2022, then slumped by 49.21% to $3.8 million in 2023, then tumbled by 45.57% to $2.1 million in 2024, then soared by 30.66% to $2.7 million in 2025, then decreased by 8.88% to $2.5 million in 2026.
- The last three Operating Expenses figures came in at $2.5 million (Q1 2026), $2.7 million (Q4 2025), and $1.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Electronic Arts | 50.76 Bn | 47.89 Bn | 1.76 Bn | 1.19 Bn |
| 2 | Take Two Interactive Software | 42.04 Bn | 40.05 Bn | 938.70 Mn | 927.80 Mn |
| 3 | Roblox | 34.08 Bn | 30.86 Bn | 1.15 Bn | 1.74 Bn |
| 4 | Playtika Holding | 1.32 Bn | 539.18 Mn | 384.10 Mn | 794.30 Mn |
| 5 | Sohu.com | 430.85 Mn | -399.49 Mn | 111.48 Mn | 118.21 Mn |
| 6 | Gdev | 221.62 Mn | 113.30 Mn | 75.00 Mn | -9.00 Mn |
| 7 | Meridian Holdings | 164.46 Mn | 149.93 Mn | 28.14 Mn | 24.99 Mn |
| 8 | Skillz | 132.36 Mn | -27.57 Mn | 25.51 Mn | 37.86 Mn |
| 9 | Brag House Holdings | 89.71 Mn | 89.57 Mn | - | 1.89 Mn |
| 10 | Motorsport Games | 20.90 Mn | 16.50 Mn | 3.51 Mn | 2.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.46 Mn |
| Dec 31, 2025 | 2.70 Mn |
| Sep 30, 2025 | 1.71 Mn |
| Jun 30, 2025 | 1.27 Mn |
| Mar 31, 2025 | 1.89 Mn |
| Dec 31, 2024 | 2.06 Mn |
| Sep 30, 2024 | 3.02 Mn |
| Jun 30, 2024 | 2.55 Mn |
| Mar 31, 2024 | 3.58 Mn |
| Dec 31, 2023 | 3.79 Mn |
| Sep 30, 2023 | 3.53 Mn |
| Jun 30, 2023 | 9.49 Mn |
| Mar 31, 2023 | 5.89 Mn |
| Dec 31, 2022 | 7.47 Mn |
| Sep 30, 2022 | 8.17 Mn |
| Jun 30, 2022 | 7.84 Mn |
| Mar 31, 2022 | 16.91 Mn |
| Dec 31, 2021 | 482,000.00 |
| Sep 30, 2021 | 7.58 Mn |
| Jun 30, 2021 | 7.31 Mn |