Growth Metrics

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 🔒
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
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