uCloudlink (UCL) Operating Expenses (2019 - 2026)

uCloudlink (UCL) posted Operating Expenses of -$4.6 million for Q1 2026, down 31.75% sequentially from -$3.5 million in Q4 2025, and little changed YoY from -$4.6 million in Q1 2025.

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

uCloudlink (UCL) has 8 years of Operating Expenses data on file, last reported at -$4.6 million in Q1 2026.

  • Quarterly Operating Expenses changed 0.46% year-over-year to -$4.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$17.5 million (up 19.95% YoY) and the FY2025 annual result came in at $17.4 million, down 21.22% from the prior year.
  • Operating Expenses retreated to -$4.6 million in Q1 2026 per UCL's latest filing, from -$3.5 million in the prior quarter.
  • The five-year high for Operating Expenses was -$3.5 million in Q4 2025, with the low at -$8.3 million in Q4 2022.
  • Average Operating Expenses over 5 years is -$5.6 million, with a median of -$4.9 million recorded in 2025.
  • The widest YoY moves for Operating Expenses: up 55.92% in 2025, down 2.99% in 2025.
  • uCloudlink's Operating Expenses stood at -$8.3 million in 2022, then advanced by 3.66% to -$8.0 million in 2023, then grew by 1.76% to -$7.9 million in 2024, then jumped by 55.92% to -$3.5 million in 2025, then plunged by 31.75% to -$4.6 million in 2026.
  • Business Quant data shows UCL's Operating Expenses at -$4.6 million in Q1 2026, -$3.5 million in Q4 2025, and -$4.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,360.11 Bn 465.10 Bn - -
2 T-Mobile US 190.40 Bn 186.88 Bn 17.62 Bn 18.61 Bn
3 Verizon Communications 176.65 Bn 169.60 Bn 27.94 Bn 26.20 Bn
4 At&T 143.78 Bn 133.82 Bn 25.25 Bn 24.85 Bn
5 Telecom Argentina 27.29 Bn -708.89 Bn - -
6 Charter Communications 17.55 Bn 21.72 Bn - 10.39 Bn
7 Millicom International Cellular 15.13 Bn 13.99 Bn - -650.00 Mn
8 Globalstar 10.40 Bn 10.04 Bn 46.63 Mn 61.89 Mn
9 Sify Technologies 7.22 Bn 7.17 Bn 54.72 Mn -22.56 Mn
10 uCloudlink 5.70 Mn -22.30 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