Nayax (NYAX) Operating Expenses (2021 - 2025)

Nayax's (NYAX) quarterly Operating Expenses came in at -$38.8 million in Q4 2025, down 19.07% year-on-year from -$47.9 million in Q4 2024, and little changed quarter-over-quarter from -$38.8 million in Q3 2025.

Nayax (NYAX) Operating Expenses (2021 - 2025) Analysis & Trends

Nayax has disclosed Operating Expenses across 5 years of filings, most recently posting -$38.8 million for Q4 2025.

  • Operating Expenses for Q4 2025 came in at -$38.8 million, down 19.07% year-over-year; the trailing twelve-month figure through Dec 2025 was -$151.3 million (down 22.41% YoY), and the FY2025 annual result was -$151.3 million, down 22.41% from the prior year.
  • Operating Expenses came in at -$38.8 million for Q4 2025 at Nayax, roughly flat from -$38.8 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of -$17.5 million in Q3 2021 to a low of -$38.9 million in Q2 2025.
  • The 5-year median for Operating Expenses is -$24.4 million (2022), against an average of -$27.3 million.
  • Across the five-year window, Operating Expenses increased 2.49% in 2023 and plunged 48.71% in 2024, its largest moves.
  • Nayax's Operating Expenses stood at -$20.2 million in 2021, then decreased by 12.98% to -$22.9 million in 2022, then dropped by 13.8% to -$26.0 million in 2023, then slipped by 25.2% to -$32.6 million in 2024, then retreated by 19.07% to -$38.8 million in 2025.
  • The last three Operating Expenses figures came in at -$38.8 million (Q4 2025), -$38.8 million (Q3 2025), and -$38.9 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Microsoft 3,095.86 Bn 3,017.59 Bn 56.06 Bn 10.85 Bn
2 Alarum Technologies 1,030.32 Bn 1,016.16 Bn 7.23 Mn 6.42 Mn
3 Oracle 614.12 Bn 575.54 Bn 15.14 Bn 11.73 Bn
4 Palantir Technologies 324.44 Bn 316.52 Bn 1.42 Bn 662.79 Mn
5 Palo Alto Networks 189.07 Bn 184.54 Bn 1.91 Bn 1.51 Bn
6 CrowdStrike Holdings 168.14 Bn 165.09 Bn 993.68 Mn 979.89 Mn
7 Fortinet 106.89 Bn 103.59 Bn 1.49 Bn 905.10 Mn
8 Cloudflare 88.20 Bn 87.25 Bn 455.60 Mn 517.59 Mn
9 Synopsys 88.13 Bn 88.01 Bn 1.77 Bn 1.57 Bn
10 Nayax 585,000.00 -320.12 Mn 55.53 Mn -38.80 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -38.80 Mn
Sep 30, 2025 -38.83 Mn
Jun 30, 2025 -38.95 Mn
Mar 31, 2025 -34.69 Mn
Dec 31, 2024 -32.58 Mn
Sep 30, 2024 -32.94 Mn
Jun 30, 2024 -30.24 Mn
Mar 31, 2024 -27.81 Mn
Dec 31, 2023 -26.02 Mn
Sep 30, 2023 -22.15 Mn
Jun 30, 2023 -22.51 Mn
Mar 31, 2023 -21.57 Mn
Dec 31, 2022 -22.87 Mn
Sep 30, 2022 -22.72 Mn
Jun 30, 2022 -20.22 Mn
Mar 31, 2022 -20.42 Mn
Dec 31, 2021 -20.24 Mn
Sep 30, 2021 -17.54 Mn