PSQ Holdings (PSQH-WT) Operating Expenses (2021 - 2026)
PSQ Holdings' (PSQH-WT) quarterly Operating Expenses came in at $14.3 million in Q1 2026, up 15.57% year-on-year from $12.4 million in Q1 2025, and down 5.22% on a QoQ basis 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.
- On a quarterly basis, Operating Expenses rose 15.57% year-over-year to $14.3 million in Q1 2026; TTM through Mar 2026 was $58.6 million, a 0.22% change from a year earlier, with the FY2025 full-year figure at $50.2 million, down 3.06% from the prior year.
- Operating Expenses for Q1 2026 stood at $14.3 million, down from $15.1 million in the prior quarter.
- Over the last five years, Operating Expenses for PSQH-WT reached as high as $20.0 million in Q2 2024 and fell as low as $248757.0 in Q2 2022.
- Historically, Operating Expenses has averaged $11.0 million across 5 years, with a median of $13.5 million in 2024.
- Across the five-year window, Operating Expenses soared 29136.0% in 2022 and sank 32.7% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $2.6 million in 2022, then jumped by 528.77% to $16.4 million in 2023, then fell by 21.35% to $12.9 million in 2024, then gained by 16.99% to $15.1 million in 2025, then retreated by 5.22% to $14.3 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $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 | 208.91 Bn | 189.27 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -269.42 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 1.16 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 11.28 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 6.22 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 2.66 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 4.23 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 1.25 Bn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 1.04 Bn |
| 10 | PSQ Holdings | 64,968.54 | -11.58 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 |