PSQ Holdings (PSQH) Operating Expenses (2021 - 2026)
PSQ Holdings (PSQH) posted Operating Expenses of $11.92 million for Q2 2026, up 38.1% from $8.63 million a year earlier but down 16.6% from the prior quarter.
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Analysis
PSQ Holdings (PSQH) Operating Expenses (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at PSQ Holdings was $55.39 million, up 17.0% year-over-year; for FY2025, it was $50.18 million, down 3.1% from FY2024.
- Annual Operating Expenses shows a four-year compound annual growth rate of 177.0% (FY2021 to FY2025).
- In prior years, PSQ Holdings' Operating Expenses was $51.76 million in FY2024 (+14.9%), $45.03 million in FY2023 (+494.7%), $7.57 million in FY2022 (+788.5%) and $852,175 in FY2021.
- Quarterly Operating Expenses has run from a low of $248,757 in Q2 2022 to a high of $20.02 million in Q2 2024 over five years.
- On a year-over-year basis, Operating Expenses has increased in each of the last four quarters, with an average decline of 5.7% over the last eight quarters.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q3 2022, with growth of 578.8%; the weakest was Q2 2025, with a decline of 56.9%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $14.29 million (Q1 2026), $15.08 million (Q4 2025) and $14.1 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.12 Bn | 6.93 Bn | - | 1.33 Bn |
| 2 | PayPal Holdings | 46.45 Bn | 4.68 Bn | - | 7.26 Bn |
| 3 | Block | 44.49 Bn | 15.75 Bn | 3.17 Bn | 2.72 Bn |
| 4 | Iren | 31.49 Bn | 19.08 Bn | 103.89 Mn | 128.25 Mn |
| 5 | Corpay | 25.78 Bn | 15.98 Bn | - | 260.40 Mn |
| 6 | Fiserv | 24.12 Bn | 20.82 Bn | 2.90 Bn | 4.28 Bn |
| 7 | Global Payments | 22.15 Bn | 588.57 Mn | 2.03 Bn | 2.98 Bn |
| 8 | Bitmine Immersion Technologies | 15.50 Bn | 12.88 Bn | 40.81 Mn | 52.67 Mn |
| 9 | Guidewire Software | 11.68 Bn | 8.25 Bn | 269.68 Mn | 207.36 Mn |
| 10 | PSQ Holdings | 16.53 Mn | -25.56 Mn | - | 11.92 Mn |
Historic Data
Download Data
Historic 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 | 8.63 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 |
API Access
PSQ Holdings Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=PSQH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "PSQH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=PSQH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();