Motorsport Games (MSGM) Operating Expenses (2020 - 2026)
Motorsport Games' (MSGM) quarterly Operating Expenses came in at $2.5 million in Q1 2026, up 30.3% year-on-year from $1.9 million in Q1 2025, and down 8.88% quarter-over-quarter from $2.7 million in Q4 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.
- On a quarterly basis, Operating Expenses rose 30.3% year-over-year to $2.5 million in Q1 2026; TTM through Mar 2026 was $8.1 million, a 14.52% decrease from a year earlier, with the FY2025 full-year figure at $7.6 million, down 32.52% from the prior year.
- Operating Expenses declined to $2.5 million in Q1 2026 per MSGM's latest filing, from $2.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at $16.9 million in Q1 2022 and bottomed at $1.3 million in Q2 2025.
- The 5-year median for Operating Expenses is $3.5 million (2023), against an average of $5.0 million.
- Across the five-year window, Operating Expenses jumped 1449.44% in 2022 and slumped 73.13% in 2024, its largest moves.
- Year by year, Operating Expenses stood at $7.5 million in 2022, then plunged by 49.21% to $3.8 million in 2023, then sank 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.
- Per Business Quant, the three latest MSGM Operating Expenses figures stand at $2.5 million (Q1 2026), $2.7 million (Q4 2025), and $1.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Electronic Arts | 52.46 Bn | 49.60 Bn | 1.76 Bn | 1.19 Bn |
| 2 | Take Two Interactive Software | 48.15 Bn | 47.69 Bn | 938.70 Mn | 927.80 Mn |
| 3 | Roblox | 33.85 Bn | 30.63 Bn | 1.15 Bn | 1.74 Bn |
| 4 | Gdev | 2.31 Bn | 2.31 Bn | 85.00 Mn | -47.00 Mn |
| 5 | NetEase | 2.16 Bn | -7,331,731.34 Bn | 3.06 Bn | -1.24 Bn |
| 6 | Playtika Holding | 1.35 Bn | 575.11 Mn | 552.50 Mn | 794.30 Mn |
| 7 | Gravity | 418.32 Mn | 418.18 Mn | 35,341.61 | 14,247.76 |
| 8 | Meridian Holdings | 152.70 Mn | 138.17 Mn | 28.14 Mn | 24.99 Mn |
| 9 | Firy | 128.08 Mn | -57.32 Mn | 25.51 Mn | 37.86 Mn |
| 10 | Motorsport Games | 22.81 Mn | 18.41 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 |