Graf Global (TONT-WT) Operating Expenses (2023 - 2026)
Graf Global's (TONT-WT) quarterly Operating Expenses came in at $31045.0 in Q1 2026, down 88.63% YoY from $273149.0 in Q1 2025, and down 94.46% on a QoQ basis from $560484.0 in Q4 2025.
Graf Global (TONT-WT) Operating Expenses (2023 - 2026) Analysis & Trends
Graf Global (TONT-WT) has 4 years of Operating Expenses data on file, last reported at $31045.0 in Q1 2026.
- Quarterly Operating Expenses fell 88.63% year-over-year to $31045.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.6 million (up 108.78% YoY) and the FY2025 annual result came in at $1.8 million, up 243.54% from the prior year.
- Operating Expenses retreated to $31045.0 in Q1 2026, from $560484.0 in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $798184.0 in Q3 2025 to a low of $3106.0 in Q4 2023.
- A 4-year average of $260485.3 and a median of $195207.0 in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2024 — Operating Expenses surged 6942.4% — and 2026, when it slumped 88.63%.
- Tracing TONT-WT's Operating Expenses over 4 years: stood at $3106.0 in 2023, then surged by 6942.4% to $218737.0 in 2024, then soared by 156.24% to $560484.0 in 2025, then tumbled by 94.46% to $31045.0 in 2026.
- The last three Operating Expenses figures came in at $31045.0 (Q1 2026), $560484.0 (Q4 2025), and $798184.0 (Q3 2025), per Business Quant data.
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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 | Graf Global | 8.08 Mn | 8.08 Mn | - | 1.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 31,045.00 |
| Dec 31, 2025 | 560,484.00 |
| Sep 30, 2025 | 798,184.00 |
| Jun 30, 2025 | 193,321.00 |
| Mar 31, 2025 | 273,149.00 |
| Dec 31, 2024 | 218,737.00 |
| Sep 30, 2024 | 195,207.00 |
| Jun 30, 2024 | 71,135.00 |
| Dec 31, 2023 | 3,106.00 |