Orion Digital (ORIO) Operating Expenses (2017 - 2026)

Orion Digital (ORIO) posted Operating Expenses of $9.0 million for Q1 2026, up 2.65% on a QoQ basis from $8.8 million in Q4 2025, and little changed year-over-year from $9.1 million in Q1 2025.

Orion Digital (ORIO) Operating Expenses (2017 - 2026) Analysis & Trends

Orion Digital's Operating Expenses history runs 10 years deep, the most recent figure standing at $9.0 million for Q1 2026.

  • Quarterly Operating Expenses changed 0.4% year-over-year to $9.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $36.0 million (changed 0.29% YoY) and the FY2025 annual result came in at $36.1 million, down 1.99% from the prior year.
  • Operating Expenses was $9.0 million for Q1 2026 at Orion Digital, up from $8.8 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $19.5 million in Q1 2022 and bottomed at $8.2 million in Q4 2024.
  • A 5-year average of $10.6 million and a median of $9.2 million in 2025 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses jumped 78.84% — and 2023, when it sank 48.63%.
  • Orion Digital's Operating Expenses stood at $11.4 million in 2022, then declined by 24.82% to $8.6 million in 2023, then declined by 4.05% to $8.2 million in 2024, then advanced by 6.66% to $8.8 million in 2025, then increased by 2.65% to $9.0 million in 2026.
  • Business Quant data shows ORIO's Operating Expenses at $9.0 million in Q1 2026, $8.8 million in Q4 2025, and $9.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Microsoft 2,842.90 Bn 2,718.46 Bn 56.06 Bn 8.75 Bn
2 PagSeguro Digital 2,572.26 Bn 2,572.26 Bn 358.92 Mn -363.49 Mn
3 Oracle 329.59 Bn 297.69 Bn - 13.05 Bn
4 Repay Holdings 314.63 Bn 314.48 Bn - -
5 Palantir Technologies 294.47 Bn 286.44 Bn 1.42 Bn 662.79 Mn
6 Palo Alto Networks 227.51 Bn 222.98 Bn 1.91 Bn 1.51 Bn
7 CrowdStrike Holdings 183.28 Bn 180.18 Bn 993.68 Mn 979.89 Mn
8 Fortinet 112.44 Bn 109.14 Bn 1.49 Bn 905.10 Mn
9 Cloudflare 92.78 Bn 91.83 Bn 455.60 Mn 517.59 Mn
10 Orion Digital 15.29 Bn 15.27 Bn 8.49 Mn 9.02 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 9.02 Mn
Dec 31, 2025 8.78 Mn
Sep 30, 2025 8.98 Mn
Jun 30, 2025 9.23 Mn
Mar 31, 2025 9.05 Mn
Dec 31, 2024 8.24 Mn
Sep 30, 2024 9.01 Mn
Jun 30, 2024 9.61 Mn
Mar 31, 2024 9.98 Mn
Dec 31, 2023 8.58 Mn
Sep 30, 2023 9.12 Mn
Jun 30, 2023 9.76 Mn
Mar 31, 2023 10.00 Mn
Dec 31, 2022 11.42 Mn
Sep 30, 2022 14.16 Mn
Jun 30, 2022 16.62 Mn
Mar 31, 2022 19.46 Mn
Dec 31, 2021 18.68 Mn
Sep 30, 2021 17.60 Mn
Jun 30, 2021 17.97 Mn