Solai (SLAIY) Operating Expenses (2012 - 2026)
Solai's (SLAIY) quarterly Operating Expenses came in at -$13.4 million in Q1 2026, down 2.26% year-over-year from -$13.7 million in Q1 2025, and up 18.73% quarter-over-quarter from -$16.5 million in Q4 2025.
Analysis
Solai (SLAIY) Operating Expenses (2012 - 2026) Analysis & Trends
Solai (SLAIY) has reported Operating Expenses for 15 consecutive years, with -$13.4 million the latest figure, recorded in Q1 2026.
- On a quarterly basis, Operating Expenses fell 2.26% year-over-year to -$13.4 million in Q1 2026; TTM through Mar 2026 was -$52.4 million, a 7.68% decrease from a year earlier, with the FY2025 full-year figure at -$52.1 million, down 19.0% from the prior year.
- Operating Expenses was -$13.4 million for Q1 2026 at Solai, up from -$16.5 million in the prior quarter.
- Over five years, Operating Expenses peaked at -$9.0 million in Q3 2024 and troughed at -$296.0 million in Q1 2022.
- A 5-year average of -$60.4 million and a median of -$15.0 million in 2023 frame the typical range for Operating Expenses.
- The widest YoY moves for Operating Expenses: up 95.44% in 2022, down 7484.4% in 2022.
- Over 5 years, Operating Expenses stood at -$22.9 million in 2022, then surged by 40.14% to -$13.7 million in 2023, then increased by 5.82% to -$12.9 million in 2024, then decreased by 27.6% to -$16.5 million in 2025, then rose by 18.73% to -$13.4 million in 2026.
- The last three Operating Expenses figures came in at -$13.4 million (Q1 2026), -$16.5 million (Q4 2025), and -$11.1 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 56.87 Bn | 56.53 Bn | 40.81 Mn | 52.67 Mn |
| 2 | Iren | 34.00 Bn | 26.43 Bn | 103.89 Mn | 128.25 Mn |
| 3 | Hut 8 | 11.52 Bn | 5.04 Bn | 48.04 Mn | 78.04 Mn |
| 4 | Hyperscale Data | 9.27 Bn | 9.21 Bn | 8.80 Mn | 31.91 Mn |
| 5 | Riot Platforms | 8.24 Bn | 7.69 Bn | 84.97 Mn | 413.67 Mn |
| 6 | Argo Blockchain | 6.43 Bn | 6.43 Bn | - | - |
| 7 | MARA Holdings | 4.32 Bn | 3.96 Bn | - | 695.95 Mn |
| 8 | Cleanspark | 3.26 Bn | 3.05 Bn | - | 370.41 Mn |
| 9 | Bitdeer Technologies | 2.92 Bn | 2.46 Bn | -8.53 Mn | -93.21 Mn |
| 10 | Solai | 10.27 Mn | 8.78 Mn | -2.65 Mn | -13.38 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -13.38 Mn |
| Dec 31, 2025 | -16.46 Mn |
| Sep 30, 2025 | -11.09 Mn |
| Jun 30, 2025 | -11.47 Mn |
| Mar 31, 2025 | -13.08 Mn |
| Dec 31, 2024 | -12.90 Mn |
| Sep 30, 2024 | -8.98 Mn |
| Dec 31, 2023 | -13.69 Mn |
| Sep 30, 2023 | -15.02 Mn |
| Jun 30, 2023 | -78.04 Mn |
| Mar 31, 2023 | -78.87 Mn |
| Dec 31, 2022 | -22.88 Mn |
| Sep 30, 2022 | -110.85 Mn |
| Jun 30, 2022 | -202.72 Mn |
| Mar 31, 2022 | -296.02 Mn |
| Dec 31, 2021 | -501.59 Mn |
| Sep 30, 2021 | -414.23 Mn |
| Jun 30, 2021 | -433.26 Mn |
| Mar 31, 2021 | -3.90 Mn |
| Dec 31, 2020 | -5.72 Mn |