SOL Strategies (STKE) Operating Expenses (2024 - 2026)
SOL Strategies (STKE) posted quarterly Operating Expenses of $386258.8 for Q1 2026, up 168.98% year-over-year from $143600.3 in Q1 2025, and down 93.03% quarter-over-quarter from $5.5 million in Q4 2025.
SOL Strategies (STKE) Operating Expenses (2024 - 2026) Analysis & Trends
SOL Strategies (STKE) has reported Operating Expenses for 3 consecutive years, with $386258.8 the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 168.98% year-over-year to $386258.8; the TTM figure through Mar 2026 stood at $8.0 million (up 518.61% YoY), while the FY2025 annual figure was $43.1 million, up 2274.06% from the prior year.
- Operating Expenses eased to $386258.8 in Q1 2026 per STKE's latest filing, from $5.5 million in the prior quarter.
- Across five years, Operating Expenses topped out at $5.5 million in Q4 2025 and bottomed at $81721.0 in Q2 2024.
- Historically, Operating Expenses has averaged $1.2 million across 3 years, with a median of $288077.7 in 2025.
- On a YoY basis, Operating Expenses climbed as much as 2222.16% in 2025 and fell as far as 34.28% in 2025.
- SOL Strategies' Operating Expenses stood at $929198.0 in 2024, then jumped by 496.53% to $5.5 million in 2025, then sank by 93.03% to $386258.8 in 2026.
- Business Quant data shows STKE's Operating Expenses at $386258.8 in Q1 2026, $5.5 million in Q4 2025, and $189896.6 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 13.90 Bn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 11.67 Bn |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 3.40 Bn |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 734.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 440.00 Mn |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 4.67 Bn |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 313.68 Mn |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 254.49 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | -200.78 Mn |
| 10 | SOL Strategies | 45.18 Mn | 43.83 Mn | - | -458,237.75 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 386,258.80 |
| Dec 31, 2025 | 5.54 Mn |
| Sep 30, 2025 | 189,896.61 |
| Jun 30, 2025 | 1.90 Mn |
| Mar 31, 2025 | 143,600.34 |
| Dec 31, 2024 | 929,197.95 |
| Sep 30, 2024 | 141,418.46 |
| Jun 30, 2024 | 81,721.04 |