QTREX Quantum (QTEX) Operating Expenses (2020 - 2023)
QTREX Quantum (QTEX) posted Operating Expenses of $3.0 million for Q4 2023, up 22.5% sequentially from $2.4 million in Q3 2023, and up 3.09% YoY from $2.9 million in Q4 2022.
QTREX Quantum (QTEX) Operating Expenses (2020 - 2023) Analysis & Trends
QTREX Quantum has reported Operating Expenses for 4 years, with the latest figure at $3.0 million in Q4 2023.
- Quarterly Operating Expenses rose 3.09% year-over-year to $3.0 million in Q4 2023, while the trailing twelve-month figure through Jun 2025 was $3.0 million (down 63.7% YoY) and the FY2025 annual result came in at $14.3 million, down 25.16% from the prior year.
- Operating Expenses advanced to $3.0 million in Q4 2023 per QTEX's latest filing, from $2.4 million in the prior quarter.
- Over five years, Operating Expenses peaked at $6.4 million in Q4 2021 and troughed at -$3.1 million in Q4 2020.
- A 4-year average of $2.6 million and a median of $2.9 million in 2022 frame the typical range for Operating Expenses.
- The widest YoY moves for Operating Expenses: up 399.52% in 2022, down 54.32% in 2022.
- Over 4 years, Operating Expenses stood at -$3.1 million in 2020, then surged by 305.98% to $6.4 million in 2021, then slumped by 54.32% to $2.9 million in 2022, then gained by 3.09% to $3.0 million in 2023.
- According to Business Quant data, Operating Expenses over the past three periods registered $3.0 million, $2.4 million, and $2.8 million for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 278.57 Bn | 266.99 Bn | 7.78 Bn | 4.13 Bn |
| 2 | Arista Networks | 232.75 Bn | 220.40 Bn | 1.68 Bn | 519.00 Mn |
| 3 | Sandisk | 190.63 Bn | 186.89 Bn | 4.66 Bn | 551.00 Mn |
| 4 | Seagate Technology Holdings | 186.50 Bn | 185.35 Bn | 1.45 Bn | 2.11 Bn |
| 5 | Western Digital | 184.00 Bn | 180.76 Bn | 1.68 Bn | 486.00 Mn |
| 6 | Everpure | 26.61 Bn | 25.11 Bn | 723.33 Mn | 703.39 Mn |
| 7 | Hp | 24.78 Bn | 21.08 Bn | 3.02 Bn | 2.40 Bn |
| 8 | Super Micro Computer | 17.22 Bn | 15.93 Bn | 1.02 Bn | 392.81 Mn |
| 9 | Logitech International | 16.90 Bn | 15.15 Bn | 607.94 Mn | 349.39 Mn |
| 10 | QTREX Quantum | 29.92 Mn | 26.66 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 3.00 Mn |
| Sep 30, 2023 | 2.45 Mn |
| Jun 30, 2023 | 2.82 Mn |
| Mar 31, 2023 | 3.12 Mn |
| Dec 31, 2022 | 2.91 Mn |
| Sep 30, 2022 | 3.31 Mn |
| Jun 30, 2022 | 4.13 Mn |
| Mar 30, 2022 | 3.10 Mn |
| Dec 31, 2021 | 6.37 Mn |
| Sep 30, 2021 | 2.80 Mn |
| Jun 30, 2021 | 826,000.00 |
| Mar 30, 2021 | 1.49 Mn |
| Dec 31, 2020 | -3.09 Mn |