Universal Token (UTKN) Operating Expenses (2023 - 2026)
Universal Token (UTKN) posted Operating Expenses of $17725.0 for Q1 2026, up 122.34% on a QoQ basis from $7972.0 in Q4 2025, and down 80.97% year-over-year from $93153.0 in Q1 2025.
Analysis
Universal Token (UTKN) Operating Expenses (2023 - 2026) Analysis & Trends
Universal Token has reported Operating Expenses for 4 years, with the latest figure at $17725.0 in Q1 2026.
- On a quarterly basis, Operating Expenses fell 80.97% year-over-year to $17725.0 in Q1 2026; TTM through Mar 2026 was $279598.0, a 17.83% increase from a year earlier, with the FY2025 full-year figure at $355026.0, up 126.36% from the prior year.
- Operating Expenses was $17725.0 for Q1 2026 at Universal Token, up from $7972.0 in the prior quarter.
- The five-year high for Operating Expenses was $221426.0 in Q2 2025, with the low at $303.0 in Q3 2023.
- Average Operating Expenses over 4 years is $44633.9, with a median of $24616.0 recorded in 2024.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses surged 10298.35% in 2024, then plunged 87.91% in 2025.
- Over 4 years, Operating Expenses stood at $2163.0 in 2023, then soared by 2947.76% to $65923.0 in 2024, then slumped by 87.91% to $7972.0 in 2025, then jumped by 122.34% to $17725.0 in 2026.
- The last three Operating Expenses figures came in at $17725.0 (Q1 2026), $7972.0 (Q4 2025), and $32475.0 (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 46.24 Bn | 37.45 Bn | 1.16 Bn | 1.33 Bn |
| 2 | Bullish | 4.41 Bn | 4.30 Bn | 15.53 Mn | -56.27 Mn |
| 3 | Canton Strategic Holdings | 481.44 Mn | 481.44 Mn | - | 2.70 Mn |
| 4 | Cypherpunk Technologies | 454.37 Mn | 454.37 Mn | - | 4.69 Mn |
| 5 | Coincheck | 269.81 Mn | 168.21 Mn | 11.20 Mn | 711.50 Mn |
| 6 | Wewards | 214.97 Mn | 214.97 Mn | - | 14,393.00 |
| 7 | TON Strategy | 179.57 Mn | 179.55 Mn | - | - |
| 8 | Usbc | 178.55 Mn | 174.89 Mn | - | 28.10 Mn |
| 9 | Universal Token | 174.68 Mn | 174.68 Mn | - | 17,725.00 |
| 10 | Streamex | 123.02 Mn | 104.56 Mn | - | 15.31 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 17,725.00 |
| Dec 31, 2025 | 7,972.00 |
| Sep 30, 2025 | 32,475.00 |
| Jun 30, 2025 | 221,426.00 |
| Mar 31, 2025 | 93,153.00 |
| Dec 31, 2024 | 65,923.00 |
| Sep 30, 2024 | 31,507.00 |
| Jun 30, 2024 | 46,700.00 |
| Mar 31, 2024 | 12,408.00 |
| Dec 31, 2023 | 2,163.00 |
| Sep 30, 2023 | 303.00 |
| Jun 30, 2023 | 3,852.00 |