Spark I Acquisition (SPKL) Operating Expenses (2022 - 2025)
Spark I Acquisition (SPKL) posted quarterly Operating Expenses of $376141.0 for Q4 2025, down 39.08% year-over-year from $617451.0 in Q4 2024, and down 36.78% quarter-over-quarter from $595005.0 in Q3 2025.
Spark I Acquisition (SPKL) Operating Expenses (2022 - 2025) Analysis & Trends
Spark I Acquisition (SPKL) has reported Operating Expenses for 4 consecutive years, with $376141.0 the latest figure, recorded in Q4 2025.
- In Q4 2025, Operating Expenses fell 39.08% year-over-year to $376141.0; the TTM figure through Dec 2025 stood at $2.3 million (up 59.97% YoY), while the FY2025 annual figure was $2.6 million, up 23.21% from the prior year.
- Operating Expenses fell to $376141.0 in Q4 2025 per SPKL's latest filing, from $595005.0 in the prior quarter.
- Across five years, Operating Expenses topped out at $763867.0 in Q2 2025 and bottomed at -$705153.0 in Q4 2022.
- Historically, Operating Expenses has averaged $380564.5 across 4 years, with a median of $448131.0 in 2023.
- Annual changes were most pronounced in 2024 — Operating Expenses slumped 68.69% — and 2025, when it soared 450.63%.
- Spark I Acquisition's Operating Expenses stood at -$705153.0 in 2022, then soared by 194.15% to $663873.0 in 2023, then decreased by 6.99% to $617451.0 in 2024, then tumbled by 39.08% to $376141.0 in 2025.
- Business Quant data shows SPKL's Operating Expenses at $376141.0 in Q4 2025, $595005.0 in Q3 2025, and $763867.0 in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Launch Two Acquisition | 557.86 Mn | 557.86 Mn | - | 194,528.00 |
| 2 | Drugs Made In America Acquisition | 507.00 Mn | 507.00 Mn | - | 112,227.00 |
| 3 | Cantor Equity Partners IV | 467.55 Mn | 467.55 Mn | - | 174,182.00 |
| 4 | GP-Act III Acquisition | 401.06 Mn | 401.06 Mn | - | 1.47 Mn |
| 5 | Aldel Financial | 397.49 Mn | 397.49 Mn | - | 115,742.00 |
| 6 | Gores Holdings X | 381.05 Mn | 380.85 Mn | - | - |
| 7 | Agriculture & Natural Solutions Acquisition | 377.29 Mn | 377.04 Mn | - | 390,784.00 |
| 8 | Blue Water Acquisition Corp. III | 342.12 Mn | 342.08 Mn | - | 197,949.00 |
| 9 | Berto Acquisition | 313.96 Mn | 313.81 Mn | - | 1.62 Mn |
| 10 | Spark I Acquisition | 74.18 Mn | 73.77 Mn | - | 1.88 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |