Orion Digital (ORIO) Operating Expenses (2017 - 2026)
Orion Digital posted quarterly Operating Expenses of $9.0 million for Q1 2026, little changed year-on-year from $9.1 million in Q1 2025, and up 2.65% on a QoQ basis from $8.8 million in Q4 2025.
Orion Digital (ORIO) has 10 years of Operating Expenses data on file, last reported 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.
- Across five years, Operating Expenses topped out at $19.5 million in Q1 2022 and bottomed at $8.2 million in Q4 2024.
- The 5-year median for Operating Expenses is $9.2 million (2025), against an average of $10.6 million.
- The widest annual swing landed in 2022, when Operating Expenses jumped 78.84%; it then plunged 48.63% in 2023.
- A 5-year view of Operating Expenses shows it stood at $11.4 million in 2022, then dropped by 24.82% to $8.6 million in 2023, then dropped by 4.05% to $8.2 million in 2024, then gained by 6.66% to $8.8 million in 2025, then grew 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 | 3,425.08 Bn | 3,346.81 Bn | 56.06 Bn | 10.85 Bn |
| 2 | Oracle | 712.03 Bn | 673.46 Bn | 15.14 Bn | 11.73 Bn |
| 3 | Palantir Technologies | 384.58 Bn | 376.66 Bn | 1.42 Bn | 662.79 Mn |
| 4 | Palo Alto Networks | 208.80 Bn | 204.26 Bn | 1.91 Bn | 1.51 Bn |
| 5 | CrowdStrike Holdings | 195.63 Bn | 192.58 Bn | 993.68 Mn | 979.89 Mn |
| 6 | Fortinet | 108.69 Bn | 105.40 Bn | 1.49 Bn | 905.10 Mn |
| 7 | Cloudflare | 95.27 Bn | 94.32 Bn | 455.60 Mn | 517.59 Mn |
| 8 | Synopsys | 93.41 Bn | 93.30 Bn | 1.77 Bn | 1.57 Bn |
| 9 | CoreWeave | 65.84 Bn | 63.57 Bn | 2.01 Bn | 2.22 Bn |
| 10 | Orion Digital | 267.83 Mn | 254.92 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 |
| Mar 31, 2021 | 10.88 Mn |
| Dec 31, 2020 | 7.32 Mn |
| Sep 30, 2020 | 5.35 Mn |
| Jun 30, 2020 | 5.51 Mn |
| Mar 31, 2020 | 7.49 Mn |
| Dec 31, 2019 | 8.10 Mn |
| Sep 30, 2019 | 8.47 Mn |
| Jun 30, 2019 | 8.91 Mn |
| Mar 31, 2019 | 8.18 Mn |
| Dec 31, 2018 | 7.85 Mn |
| Sep 30, 2018 | 8.40 Mn |
| Jun 30, 2018 | 8.78 Mn |
| Mar 31, 2018 | 8.27 Mn |
| Dec 31, 2017 | 7.77 Mn |
| Sep 30, 2017 | 7.04 Mn |
| Jun 30, 2017 | 6.46 Mn |
| Mar 31, 2017 | 6.29 Mn |