Upexi, Inc. (UPXI) Operating Expenses (2020 - 2026)
Upexi (UPXI) posted Operating Expenses of $111.1 million for Q1 2026, down 38.96% sequentially from $182.1 million in Q4 2025, and up 2059.54% YoY from $5.1 million in Q1 2025.
Upexi, Inc. (UPXI) Operating Expenses (2020 - 2026) Analysis & Trends
Upexi (UPXI) has 7 years of Operating Expenses data on file, last reported at $111.1 million in Q1 2026.
- Quarterly Operating Expenses rose 2059.54% year-over-year to $111.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $242.2 million (up 753.39% YoY) and the FY2025 annual result came in at $23.4 million, down 33.78% from the prior year.
- Operating Expenses slipped to $111.1 million in Q1 2026 per UPXI's latest filing, from $182.1 million in the prior quarter.
- The five-year high for Operating Expenses was $182.1 million in Q4 2025, with the low at -$60.9 million in Q3 2025.
- Average Operating Expenses over 5 years is $19.4 million, with a median of $6.7 million recorded in 2023.
- Year-over-year, Operating Expenses soared 5014.43% in 2023 and slumped 1527.17% in 2025.
- Upexi's Operating Expenses stood at $11.8 million in 2022, then plunged by 39.19% to $7.2 million in 2023, then tumbled by 43.54% to $4.0 million in 2024, then soared by 4398.7% to $182.1 million in 2025, then sank by 38.96% to $111.1 million in 2026.
- Business Quant data shows UPXI's Operating Expenses at $111.1 million in Q1 2026, $182.1 million in Q4 2025, and -$60.9 million in Q3 2025.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 111.14 Mn |
| Dec 31, 2025 | 182.08 Mn |
| Sep 30, 2025 | -60.87 Mn |
| Jun 30, 2025 | 9.91 Mn |
| Mar 31, 2025 | 5.15 Mn |
| Dec 31, 2024 | 4.05 Mn |
| Sep 30, 2024 | 4.27 Mn |
| Jun 30, 2024 | 14.93 Mn |
| Mar 31, 2024 | 6.31 Mn |
| Dec 31, 2023 | 7.17 Mn |
| Sep 30, 2023 | 6.89 Mn |
| Jun 30, 2023 | 6.67 Mn |
| Mar 31, 2023 | 9.71 Mn |
| Dec 31, 2022 | 11.79 Mn |
| Sep 30, 2022 | 134,625.00 |
| Jun 30, 2022 | 6.21 Mn |
| Mar 31, 2022 | 4.87 Mn |
| Dec 31, 2021 | 6.81 Mn |
| Sep 30, 2021 | 3.48 Mn |
| Jun 30, 2021 | 3.84 Mn |