Upexi (UPXI) Operating Expenses (2020 - 2026)

Upexi has disclosed Operating Expenses across 7 years of filings, most recently posting $111.1 million for Q1 2026.

• Operating Expenses for Q1 2026 came in at $111.1 million, up 2059.54% year-over-year; the trailing twelve-month figure through Mar 2026 was $242.2 million (up 753.39% YoY), and the FY2025 annual result was $23.4 million, down 33.78% from the prior year.
• Operating Expenses came in at $111.1 million for Q1 2026 at Upexi, down from $182.1 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $182.1 million in Q4 2025 to a low of -$60.9 million in Q3 2025.
• The 5-year median for Operating Expenses is $6.7 million (2023), against an average of $19.4 million.
• Across the five-year window, Operating Expenses surged 5014.43% in 2023 and plunged 1527.17% in 2025, its largest moves.
• Upexi's Operating Expenses stood at $11.8 million in 2022, then tumbled by 39.19% to $7.2 million in 2023, then slumped by 43.54% to $4.0 million in 2024, then soared by 4398.7% to $182.1 million in 2025, then plunged by 38.96% to $111.1 million in 2026.
• The last three Operating Expenses figures came in at $111.1 million (Q1 2026), $182.1 million (Q4 2025), and -$60.9 million (Q3 2025), per Business Quant data.