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| Date | Value |
|---|---|
| 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 |