PSQ Holdings (PSQH-WT) Operating Expenses (2021 - 2026)
PSQ Holdings (PSQH-WT) reported Operating Expenses of $14.3 million for Q1 2026, up 15.57% year-over-year from $12.4 million in Q1 2025, and down 5.22% quarter-over-quarter from $15.1 million in Q4 2025.
PSQ Holdings (PSQH-WT) Operating Expenses (2021 - 2026) Analysis & Trends
PSQ Holdings (PSQH-WT) has 6 years of Operating Expenses data on file, last reported at $14.3 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $14.3 million, up 15.57% year-over-year; the trailing twelve-month figure through Mar 2026 was $58.6 million (changed 0.22% YoY), and the FY2025 annual result was $50.2 million, down 3.06% from the prior year.
- Operating Expenses eased to $14.3 million in Q1 2026 per PSQH-WT's latest filing, from $15.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $20.0 million in Q2 2024 and troughed at $248757.0 in Q2 2022.
- A 5-year average of $11.0 million and a median of $13.5 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses surged 29136.0% in 2022, then tumbled 32.7% in 2025.
- A 5-year view of Operating Expenses shows it stood at $2.6 million in 2022, then jumped by 528.77% to $16.4 million in 2023, then slipped by 21.35% to $12.9 million in 2024, then grew by 16.99% to $15.1 million in 2025, then dropped by 5.22% to $14.3 million in 2026.
- Business Quant data shows PSQH-WT's Operating Expenses at $14.3 million in Q1 2026, $15.1 million in Q4 2025, and $14.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -269.42 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 11.28 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 1.16 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 6.22 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 1.04 Bn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 2.33 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 4.23 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 3.67 Bn |
| 10 | PSQ Holdings | - | - | 6.55 Mn | 14.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 14.29 Mn |
| Dec 31, 2025 | 15.08 Mn |
| Sep 30, 2025 | 14.10 Mn |
| Jun 30, 2025 | 15.14 Mn |
| Mar 31, 2025 | 12.37 Mn |
| Dec 31, 2024 | 12.89 Mn |
| Sep 30, 2024 | 13.47 Mn |
| Jun 30, 2024 | 20.02 Mn |
| Mar 31, 2024 | 18.37 Mn |
| Dec 31, 2023 | 16.39 Mn |
| Sep 30, 2023 | 15.01 Mn |
| Jun 30, 2023 | 7.72 Mn |
| Mar 31, 2023 | 5.91 Mn |
| Dec 31, 2022 | 2.61 Mn |
| Sep 30, 2022 | 2.25 Mn |
| Jun 30, 2022 | 248,757.00 |
| Mar 31, 2022 | 292,360.00 |
| Dec 31, 2021 | 436,729.00 |
| Sep 30, 2021 | 331,519.00 |
| Jun 30, 2021 | 82,927.00 |