Growth Metrics

Upexi (UPXI) Operating Expenses (2020 - 2025)

Upexi's Operating Expenses history spans 6 years, with the latest figure at $182.1 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 4398.7% year-over-year to $182.1 million; the TTM value through Dec 2025 reached $136.3 million, up 440.27%, while the annual FY2025 figure was $23.4 million, 33.78% down from the prior year.
  • Operating Expenses for Q4 2025 was $182.1 million at Upexi, up from -$60.9 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $182.1 million in Q4 2025 and bottomed at -$60.9 million in Q3 2025.
  • The 5-year median for Operating Expenses is $5.7 million (2022), against an average of $11.2 million.
  • The largest annual shift saw Operating Expenses surged 6367.26% in 2024 before it tumbled 1527.17% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $6.8 million in 2021, then skyrocketed by 73.13% to $11.8 million in 2022, then plummeted by 39.19% to $7.2 million in 2023, then tumbled by 43.54% to $4.0 million in 2024, then skyrocketed by 4398.7% to $182.1 million in 2025.
  • Per Business Quant, the three most recent readings for UPXI's Operating Expenses are $182.1 million (Q4 2025), -$60.9 million (Q3 2025), and $9.9 million (Q2 2025).