PSQ Holdings (PSQH) Operating Expenses (2021 - 2026)
PSQ Holdings (PSQH) posted quarterly 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) Operating Expenses (2021 - 2026) Analysis & Trends
PSQ Holdings (PSQH) has reported Operating Expenses for 6 consecutive years, with $14.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 15.57% year-over-year to $14.3 million; the TTM figure through Mar 2026 stood at $58.6 million (changed 0.22% YoY), while the FY2025 annual figure was $50.2 million, down 3.06% from the prior year.
- Operating Expenses retreated to $14.3 million in Q1 2026 per PSQH's latest filing, from $15.1 million in the prior quarter.
- Across five years, Operating Expenses topped out at $20.0 million in Q2 2024 and bottomed at $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.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 29136.0% — and 2025, when it tumbled 32.7%.
- PSQ Holdings' Operating Expenses stood at $2.6 million in 2022, then surged by 528.77% to $16.4 million in 2023, then dropped by 21.35% to $12.9 million in 2024, then increased by 16.99% to $15.1 million in 2025, then declined by 5.22% to $14.3 million in 2026.
- Business Quant data shows PSQH's Operating Expenses at $14.3 million in Q1 2026, $15.1 million in Q4 2025, and $14.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -16.33 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.22 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 6.22 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 12.30 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.25 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 4.34 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 3.67 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.54 Bn |
| 10 | PSQ Holdings | 15.38 Mn | 7.09 Mn | - | 11.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 11.92 Mn |
| 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 |