Spark I Acquisition (SPKL) Operating Expenses (2022 - 2025)

Spark I Acquisition's (SPKL) quarterly Operating Expenses came in at $376141.0 in Q4 2025, down 39.08% year-on-year from $617451.0 in Q4 2024, and down 36.78% on a QoQ basis from $595005.0 in Q3 2025.

Spark I Acquisition (SPKL) Operating Expenses (2022 - 2025) Analysis & Trends

Spark I Acquisition (SPKL) has 4 years of Operating Expenses data on file, last reported at $376141.0 in Q4 2025.

  • On a quarterly basis, Operating Expenses fell 39.08% year-over-year to $376141.0 in Q4 2025; TTM through Dec 2025 was $2.3 million, a 59.97% increase from a year earlier, with the FY2025 full-year figure at $2.6 million, up 23.21% from the prior year.
  • Operating Expenses for Q4 2025 stood at $376141.0, down from $595005.0 in the prior quarter.
  • Over the last five years, Operating Expenses for SPKL reached as high as $763867.0 in Q2 2025 and fell as low as -$705153.0 in Q4 2022.
  • Historically, Operating Expenses has averaged $380564.5 across 4 years, with a median of $448131.0 in 2023.
  • Across the five-year window, Operating Expenses plunged 68.69% in 2024 and jumped 450.63% in 2025, its largest moves.
  • Year by year, Operating Expenses stood at -$705153.0 in 2022, then surged by 194.15% to $663873.0 in 2023, then dropped by 6.99% to $617451.0 in 2024, then tumbled by 39.08% to $376141.0 in 2025.
  • Per Business Quant data, the three most recent Operating Expenses figures were $376141.0 in Q4 2025, $595005.0 in Q3 2025, and $763867.0 in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 SIM Acquisition Corp. I 314.52 Mn 314.52 Mn - 126,910.00
2 Thayer Ventures Acquisition 208.29 Mn 208.29 Mn - 394,142.00
3 Newbury Street II Acquisition 185.26 Mn 185.26 Mn - 219,150.00
4 Dynamix 178.78 Mn 178.78 Mn - 731,801.00
5 Hallmark Venture 103.01 Mn 102.76 Mn - 38,571.00
6 Voyager Acquisition 99.58 Mn 99.45 Mn - -
7 Gores Holdings X 95.80 Mn 95.37 Mn - -
8 Archimedes Tech SPAC Partners 89.88 Mn 89.88 Mn - 318,676.00
9 Cohen Circle Acquisition 80.05 Mn 80.05 Mn - 399,870.00
10 Spark I Acquisition 76.62 Mn 76.62 Mn - 376,141.00

Historic Data

Download Data
DateValue
Dec 31, 2025 376,141.00
Sep 30, 2025 595,005.00
Jun 30, 2025 763,867.00
Mar 31, 2025 577,365.00
Dec 31, 2024 617,451.00
Sep 30, 2024 454,621.00
Jun 30, 2024 138,726.00
Mar 31, 2024 234,717.00
Dec 31, 2023 663,873.00
Sep 30, 2023 448,131.00
Jun 30, 2023 443,054.00
Mar 31, 2023 339,541.00
Dec 31, 2022 -705,153.00