Q (QCLS) Operating Expenses (2013 - 2026)
Q's (QCLS) quarterly Operating Expenses came in at $1.6 million in Q1 2026, down 33.93% year-over-year from $2.4 million in Q1 2025, and down 8.79% quarter-over-quarter from $1.7 million in Q4 2025.
Analysis
Q (QCLS) Operating Expenses (2013 - 2026) Analysis & Trends
Q (QCLS) has reported Operating Expenses for 14 consecutive years, with $1.6 million the latest figure, recorded in Q1 2026.
- On a quarterly basis, Operating Expenses fell 33.93% year-over-year to $1.6 million in Q1 2026; TTM through Mar 2026 was $6.4 million, a 17.62% decrease from a year earlier, with the FY2025 full-year figure at $7.2 million, down 5.19% from the prior year.
- Operating Expenses was $1.6 million for Q1 2026 at Q, down from $1.7 million in the prior quarter.
- Over five years, Operating Expenses peaked at $4.2 million in Q4 2023 and troughed at $1.3 million in Q3 2025.
- A 5-year average of $2.6 million and a median of $2.3 million in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses jumped 65.69% in 2022 and slumped 65.37% in 2024, its largest moves.
- Over 5 years, Operating Expenses stood at $3.7 million in 2022, then increased by 13.71% to $4.2 million in 2023, then slumped by 48.91% to $2.1 million in 2024, then retreated by 19.42% to $1.7 million in 2025, then slipped by 8.79% to $1.6 million in 2026.
- The last three Operating Expenses figures came in at $1.6 million (Q1 2026), $1.7 million (Q4 2025), and $1.3 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,133.09 Bn | 5,067.87 Bn | 72.14 Bn | 8.41 Bn |
| 2 | Broadcom | 1,617.10 Bn | 1,593.13 Bn | 20.46 Bn | 4.50 Bn |
| 3 | Advanced Micro Devices | 823.64 Bn | 810.53 Bn | 6.20 Bn | 4.21 Bn |
| 4 | Arm Holdings | 255.67 Bn | 251.79 Bn | 1.25 Bn | -1.16 Bn |
| 5 | Marvell Technology | 198.91 Bn | 194.98 Bn | 1.46 Bn | 995.90 Mn |
| 6 | Qualcomm | 198.67 Bn | 190.37 Bn | 5.28 Bn | 8.32 Bn |
| 7 | Monolithic Power Systems | 56.10 Bn | 54.68 Bn | 541.07 Mn | 237.18 Mn |
| 8 | Astera Labs | 43.53 Bn | 42.28 Bn | 287.57 Mn | 198.32 Mn |
| 9 | Credo Technology Group Holding | 28.01 Bn | 27.24 Bn | 309.08 Mn | 188.38 Mn |
| 10 | Q | 3.53 Mn | 3.53 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 1.58 Mn |
| Dec 31, 2025 | 1.73 Mn |
| Sep 30, 2025 | 1.32 Mn |
| Jun 30, 2025 | 1.77 Mn |
| Mar 31, 2025 | 2.39 Mn |
| Dec 31, 2024 | 2.15 Mn |
| Sep 30, 2024 | 1.81 Mn |
| Jun 30, 2024 | 1.42 Mn |
| Mar 31, 2024 | 2.27 Mn |
| Dec 31, 2023 | 4.20 Mn |
| Sep 30, 2023 | 3.25 Mn |
| Jun 30, 2023 | 4.10 Mn |
| Mar 31, 2023 | 1.76 Mn |
| Dec 31, 2022 | 3.69 Mn |
| Sep 30, 2022 | 3.36 Mn |
| Jun 30, 2022 | 3.51 Mn |
| Mar 31, 2022 | 4.02 Mn |
| Dec 31, 2021 | 3.13 Mn |
| Sep 30, 2021 | 4.41 Mn |
| Jun 30, 2021 | 3.20 Mn |