Spark I Acquisition (SPKL) Operating Expenses (2022 - 2026)
Spark I Acquisition (SPKL) posted Operating Expenses of $1.88 million for Q2 2026, up 145.7% from $763,867 a year earlier.
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Analysis
Spark I Acquisition (SPKL) Operating Expenses (2022 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Spark I Acquisition was $3.88 million, up 61.0% year-over-year; for FY2025, it was $2.59 million, up 23.2% from FY2024.
- Annual Operating Expenses has increased for three consecutive years, with a three-year compound annual growth rate of 24.7% (FY2022 to FY2025).
- In prior years, Spark I Acquisition's Operating Expenses was $2.1 million in FY2024 (+9.9%), $1.91 million in FY2023 (+43.2%) and $1.33 million in FY2022.
- The Q2 2026 figure stands as the highest quarterly Operating Expenses in data going back to Q4 2022.
- On a year-over-year basis, Operating Expenses increased in five of the last seven quarters, with growth averaging 36.9%.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q2 2026, with growth of 145.7%; the weakest was Q4 2025, with a decline of 39.1%.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 106.61 Bn | 94.70 Bn | - | 599.10 Mn |
| 2 | Robinhood Markets | 91.70 Bn | 72.73 Bn | - | 734.00 Mn |
| 3 | Intercontinental Exchange | 88.95 Bn | 82.69 Bn | - | 1.28 Bn |
| 4 | Nasdaq | 54.22 Bn | 51.65 Bn | 1.50 Bn | 788.00 Mn |
| 5 | Interactive Brokers | 38.25 Bn | 15.37 Bn | - | 440.00 Mn |
| 6 | Cboe Global Markets | 33.42 Bn | 25.08 Bn | 731.60 Mn | 255.60 Mn |
| 7 | LPL Financial Holdings | 25.64 Bn | 20.96 Bn | - | 4.67 Bn |
| 8 | Tradeweb Markets | 25.45 Bn | 17.47 Bn | - | 313.68 Mn |
| 9 | Circle Internet | 22.26 Bn | 16.14 Bn | 288.85 Mn | 254.49 Mn |
| 10 | Spark I Acquisition | 73.79 Mn | 71.56 Mn | - | 1.88 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.88 Mn |
| Dec 31, 2025 | 376,141.00 |
| Sep 30, 2025 | 867,835.00 |
| 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 | 470,191.00 |
| Mar 31, 2024 | 555,932.00 |
| Dec 31, 2023 | 663,873.00 |
| Sep 30, 2023 | 448,131.00 |
| Jun 30, 2023 | 443,054.00 |
| Mar 31, 2023 | 353,356.00 |
| Dec 31, 2022 | 440,551.00 |
API Access
Spark I Acquisition Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=SPKL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "SPKL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=SPKL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();