RTB Digital (RTB) Operating Expenses (2010 - 2025)
Ryvyl (RTB) reported Operating Expenses of $5.0 million for Q4 2025, down 36.25% year-over-year from $7.8 million in Q4 2024, and up 55.37% quarter-over-quarter from $3.2 million in Q3 2025.
RTB Digital (RTB) Operating Expenses (2010 - 2025) Analysis & Trends
Ryvyl (RTB) has 16 years of Operating Expenses data on file, last reported at $5.0 million in Q4 2025.
- Operating Expenses for Q4 2025 came in at $5.0 million, down 36.25% year-over-year; the trailing twelve-month figure through Dec 2025 was $20.2 million (down 43.67% YoY), and the FY2025 annual result was $18.5 million, down 46.68% from the prior year.
- Operating Expenses grew to $5.0 million in Q4 2025 per RTB's latest filing, from $3.2 million in the prior quarter.
- Over five years, Operating Expenses peaked at $24.4 million in Q4 2022 and troughed at $3.2 million in Q3 2025.
- A 5-year average of $9.7 million and a median of $8.9 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2021 and 2025: Operating Expenses soared 1075.74% in 2021, then plunged 68.86% in 2025.
- A 5-year view of Operating Expenses shows it stood at $19.5 million in 2021, then increased by 25.58% to $24.4 million in 2022, then tumbled by 56.5% to $10.6 million in 2023, then declined by 26.52% to $7.8 million in 2024, then slumped by 36.25% to $5.0 million in 2025.
- Business Quant data shows RTB's Operating Expenses at $5.0 million in Q4 2025, $3.2 million in Q3 2025, and $4.5 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 257.53 Bn | 239.56 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 171.61 Bn | 169.06 Bn | - | -269.42 Mn |
| 3 | Salesforce | 152.15 Bn | 140.31 Bn | 8.56 Bn | 6.22 Bn |
| 4 | Uber Technologies | 144.45 Bn | 143.41 Bn | 11.88 Bn | 11.28 Bn |
| 5 | Shopify | 144.09 Bn | 138.34 Bn | 1.55 Bn | 1.16 Bn |
| 6 | ServiceNow | 110.55 Bn | 105.37 Bn | 2.83 Bn | 2.33 Bn |
| 7 | Cadence Design Systems | 106.32 Bn | 104.91 Bn | 1.26 Bn | 1.04 Bn |
| 8 | Adobe | 97.77 Bn | 90.88 Bn | 5.73 Bn | 3.32 Bn |
| 9 | Automatic Data Processing | 93.39 Bn | 90.16 Bn | 2.87 Bn | 4.23 Bn |
| 10 | RTB Digital | 2.39 Mn | 882,892.00 | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 4.98 Mn |
| Sep 30, 2025 | 3.20 Mn |
| Jun 30, 2025 | 4.51 Mn |
| Mar 31, 2025 | 7.56 Mn |
| Dec 31, 2024 | 7.81 Mn |
| Sep 30, 2024 | 4.73 Mn |
| Jun 30, 2024 | 14.47 Mn |
| Mar 31, 2024 | 8.94 Mn |
| Dec 31, 2023 | 10.63 Mn |
| Sep 30, 2023 | 9.04 Mn |
| Jun 30, 2023 | 9.65 Mn |
| Mar 31, 2023 | 8.79 Mn |
| Dec 31, 2022 | 24.43 Mn |
| Sep 30, 2022 | 9.42 Mn |
| Jun 30, 2022 | 11.60 Mn |
| Mar 31, 2022 | 8.51 Mn |
| Dec 31, 2021 | 19.45 Mn |
| Sep 30, 2021 | 8.38 Mn |
| Jun 30, 2021 | 5.09 Mn |
| Mar 31, 2021 | 12.52 Mn |