Orion Digital (ORIO) Operating Expenses (2017 - 2026)
Orion Digital (ORIO) reported Operating Expenses of $9.0 million for Q1 2026, little changed on a YoY basis from $9.1 million in Q1 2025, and up 2.65% quarter-over-quarter from $8.8 million in Q4 2025.
Orion Digital (ORIO) Operating Expenses (2017 - 2026) Analysis & Trends
Orion Digital has reported Operating Expenses for 10 years, with the latest figure at $9.0 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses changed 0.4% year-over-year to $9.0 million; the trailing twelve-month figure through Mar 2026 stood at $36.0 million (changed 0.29% YoY), and the FY2025 full-year result was $36.1 million, down 1.99% from the prior year.
- Operating Expenses for Q1 2026 stood at $9.0 million, up from $8.8 million in the prior quarter.
- The five-year high for Operating Expenses was $19.5 million in Q1 2022, with the low at $8.2 million in Q4 2024.
- Historically, Operating Expenses has averaged $10.6 million across 5 years, with a median of $9.2 million in 2025.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 78.84% — and 2023, when it slumped 48.63%.
- Orion Digital's Operating Expenses stood at $11.4 million in 2022, then slipped by 24.82% to $8.6 million in 2023, then slipped by 4.05% to $8.2 million in 2024, then rose by 6.66% to $8.8 million in 2025, then climbed by 2.65% to $9.0 million in 2026.
- The last three Operating Expenses figures came in at $9.0 million (Q1 2026), $8.8 million (Q4 2025), and $9.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,819.83 Bn | 2,741.56 Bn | 56.06 Bn | 10.85 Bn |
| 2 | Alarum Technologies | 1,056.91 Bn | 1,042.76 Bn | 7.23 Mn | 6.42 Mn |
| 3 | Oracle | 530.68 Bn | 492.11 Bn | 15.14 Bn | 11.73 Bn |
| 4 | Palantir Technologies | 306.85 Bn | 298.93 Bn | 1.42 Bn | 662.79 Mn |
| 5 | Palo Alto Networks | 199.03 Bn | 194.49 Bn | 1.91 Bn | 1.51 Bn |
| 6 | CrowdStrike Holdings | 170.56 Bn | 167.51 Bn | 993.68 Mn | 979.89 Mn |
| 7 | Fortinet | 106.91 Bn | 103.62 Bn | 1.49 Bn | 905.10 Mn |
| 8 | Synopsys | 86.43 Bn | 86.31 Bn | 1.77 Bn | 1.57 Bn |
| 9 | Cloudflare | 79.42 Bn | 78.48 Bn | 455.60 Mn | 517.59 Mn |
| 10 | Orion Digital | 260.75 Mn | 243.43 Mn | 8.49 Mn | 9.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |