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
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