uCloudlink (UCL) Operating Expenses (2019 - 2026)

uCloudlink's (UCL) quarterly Operating Expenses came in at -$4.6 million in Q1 2026, little changed year-on-year from -$4.6 million in Q1 2025, and down 31.75% quarter-over-quarter from -$3.5 million in Q4 2025.

uCloudlink (UCL) Operating Expenses (2019 - 2026) Analysis & Trends

uCloudlink has disclosed Operating Expenses across 8 years of filings, most recently posting -$4.6 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at -$4.6 million, changed 0.46% year-over-year; the trailing twelve-month figure through Mar 2026 was -$17.5 million (up 19.95% YoY), and the FY2025 annual result was $17.4 million, down 21.22% from the prior year.
  • Operating Expenses came in at -$4.6 million for Q1 2026 at uCloudlink, down from -$3.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of -$3.5 million in Q4 2025 to a low of -$8.3 million in Q4 2022.
  • The 5-year median for Operating Expenses is -$4.9 million (2025), against an average of -$5.6 million.
  • Peak annual rise in Operating Expenses reached 55.92% in 2025, while the deepest fall reached 2.99% in 2025.
  • uCloudlink's Operating Expenses stood at -$8.3 million in 2022, then increased by 3.66% to -$8.0 million in 2023, then gained by 1.76% to -$7.9 million in 2024, then jumped by 55.92% to -$3.5 million in 2025, then tumbled by 31.75% to -$4.6 million in 2026.
  • The last three Operating Expenses figures came in at -$4.6 million (Q1 2026), -$3.5 million (Q4 2025), and -$4.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Bce 382.57 Bn 381.58 Bn - -2.58 Bn
2 T-Mobile US 195.94 Bn 192.42 Bn 17.62 Bn 18.61 Bn
3 Verizon Communications 190.78 Bn 183.73 Bn 27.94 Bn 26.20 Bn
4 At&T 159.64 Bn 149.68 Bn 25.25 Bn 24.85 Bn
5 Telefonica Brasil 146.21 Bn 144.47 Bn 1.32 Bn -191.29 Mn
6 America Movil Sab De Cv 128.31 Bn 126.27 Bn 10.13 Bn 8.11 Bn
7 Chunghwa Telecom 109.39 Bn 107.21 Bn 719.92 Mn 305.28 Mn
8 Millicom International Cellular 106.22 Bn 104.67 Bn - -650.00 Mn
9 Veon 82.81 Bn 80.59 Bn - -533.00 Mn
10 uCloudlink 529.97 Mn 497.13 Mn 8.27 Mn -4.56 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -4.56 Mn
Dec 31, 2025 -3.46 Mn
Sep 30, 2025 -4.52 Mn
Jun 30, 2025 -4.93 Mn
Mar 31, 2025 -4.54 Mn
Dec 31, 2024 -7.85 Mn
Sep 30, 2024 -4.64 Mn
Jun 30, 2024 -4.79 Mn
Mar 31, 2024 -4.87 Mn
Dec 31, 2023 -7.99 Mn
Sep 30, 2023 -5.42 Mn
Jun 30, 2023 -5.42 Mn
Mar 31, 2023 -4.74 Mn
Dec 31, 2022 -8.30 Mn
Sep 30, 2022 -5.77 Mn
Jun 30, 2022 -5.83 Mn
Mar 31, 2022 -7.26 Mn
Dec 31, 2021 -8.80 Mn
Sep 30, 2021 -9.56 Mn
Jun 30, 2021 -9.14 Mn