Powercompute (PWCM) Operating Expenses (2014 - 2026)
Powercompute's (PWCM) quarterly Operating Expenses came in at $6.0 million in Q2 2026, up 296.84% year-over-year from $1.5 million in Q2 2025, and down 30.08% quarter-over-quarter from $8.5 million in Q1 2026.
Analysis
Powercompute (PWCM) Operating Expenses (2014 - 2026) Analysis & Trends
Powercompute has disclosed Operating Expenses across 13 years of filings, most recently posting $6.0 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 296.84% year-over-year to $6.0 million; the TTM figure through Jun 2026 stood at $37.3 million (up 142.47% YoY), while the FY2025 annual figure was $31.7 million, up 81.72% from the prior year.
- Operating Expenses came in at $6.0 million for Q2 2026 at Powercompute, down from $8.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $17.1 million in Q4 2025 to a low of $1.1 million in Q4 2024.
- Average Operating Expenses over 5 years is $6.3 million, with a median of $5.8 million recorded in 2023.
- Year-over-year, Operating Expenses plunged 80.49% in 2024 and jumped 1399.59% in 2025.
- Over 5 years, Operating Expenses stood at $10.1 million in 2022, then slumped by 42.43% to $5.8 million in 2023, then sank by 80.49% to $1.1 million in 2024, then jumped by 1399.59% to $17.1 million in 2025, then tumbled by 64.99% to $6.0 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $6.0 million in Q2 2026, $8.5 million in Q1 2026, and $17.1 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 53.91 Bn | 53.57 Bn | 40.81 Mn | 52.67 Mn |
| 2 | Iren | 14.36 Bn | 6.79 Bn | 103.89 Mn | 128.25 Mn |
| 3 | Hut 8 | 11.34 Bn | 4.55 Bn | 48.04 Mn | 78.04 Mn |
| 4 | Hyperscale Data | 8.84 Bn | 8.77 Bn | 8.80 Mn | 31.91 Mn |
| 5 | Riot Platforms | 7.64 Bn | 7.10 Bn | 84.97 Mn | 413.67 Mn |
| 6 | Argo Blockchain | 6.41 Bn | 6.41 Bn | - | - |
| 7 | MARA Holdings | 4.53 Bn | 4.10 Bn | - | 695.95 Mn |
| 8 | Cleanspark | 3.57 Bn | 3.37 Bn | - | 370.41 Mn |
| 9 | Bitdeer Technologies | 2.52 Bn | 2.06 Bn | -8.53 Mn | -93.21 Mn |
| 10 | Powercompute | 1.02 Mn | 126,698.46 | 545,311.00 | 5.97 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.97 Mn |
| Mar 31, 2026 | 8.54 Mn |
| Dec 31, 2025 | 17.06 Mn |
| Sep 30, 2025 | 5.70 Mn |
| Jun 30, 2025 | 1.50 Mn |
| Mar 31, 2025 | 7.47 Mn |
| Dec 31, 2024 | 1.14 Mn |
| Sep 30, 2024 | 5.26 Mn |
| Jun 30, 2024 | 7.32 Mn |
| Mar 31, 2024 | 3.74 Mn |
| Dec 31, 2023 | 5.83 Mn |
| Sep 30, 2023 | 6.59 Mn |
| Jun 30, 2023 | 6.35 Mn |
| Mar 31, 2023 | 4.28 Mn |
| Dec 31, 2022 | 10.13 Mn |
| Sep 30, 2022 | 5.45 Mn |
| Jun 30, 2022 | 5.61 Mn |
| Mar 31, 2022 | 5.22 Mn |
| Dec 31, 2021 | 4.37 Mn |
| Sep 30, 2021 | 2.42 Mn |