Vulcan Infrastructure & Power (VIP) Accumulated Expenses (2020 - 2026)
Vulcan Infrastructure & Power (VIP) recorded Accumulated Expenses of $2.43 million in Q2 2026, down 39.7% from $4.03 million a year earlier and down 5.9% from the prior quarter.
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Analysis
Vulcan Infrastructure & Power (VIP) Accumulated Expenses (2020 - 2026) Analysis & Trends
At the end of FY2025, Vulcan Infrastructure & Power reported Accumulated Expenses of $3.31 million, down 21.8% from FY2024.
- Annual Accumulated Expenses has declined for three straight years, though with a five-year compound annual growth rate of 28.5% (FY2020 to FY2025).
- Across earlier years, Accumulated Expenses came in at $4.23 million in FY2024 (-30.8%), $6.12 million in FY2023 (-46.0%), $11.33 million in FY2022 (+69.5%) and $6.68 million in FY2021 (+606.4%).
- The Q2 2026 figure is the lowest quarterly Accumulated Expenses since Q4 2020.
- On a year-over-year basis, Accumulated Expenses has declined for 14 consecutive quarters, with an average decline of 25.1% over the last eight quarters.
- Peak year-over-year performance for Accumulated Expenses in the last five years was growth of 606.4% in Q4 2021, against a decline of 57.2% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $2.58 million (Q1 2026), $3.31 million (Q4 2025) and $4.11 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,809.31 Bn | 3,732.47 Bn | 60.48 Bn |
| 2 | International Business Machines | 207.26 Bn | 158.16 Bn | 9.91 Bn |
| 3 | Cloudflare | 111.87 Bn | 95.40 Bn | 499.52 Mn |
| 4 | Equinix | 99.81 Bn | 88.37 Bn | 1.40 Bn |
| 5 | Nebius | 59.68 Bn | 33.11 Bn | 448.70 Mn |
| 6 | CoreWeave | 48.00 Bn | 35.10 Bn | 1.70 Bn |
| 7 | Verisign | 25.49 Bn | 22.71 Bn | 384.60 Mn |
| 8 | Nutanix | 19.05 Bn | 10.74 Bn | 651.35 Mn |
| 9 | Akamai Technologies | 15.27 Bn | 8.68 Bn | 613.75 Mn |
| 10 | Vulcan Infrastructure & Power | 29.19 Mn | -8.21 Mn | -4.78 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.43 Mn |
| Mar 31, 2026 | 2.58 Mn |
| Dec 31, 2025 | 3.31 Mn |
| Sep 30, 2025 | 4.11 Mn |
| Jun 30, 2025 | 4.03 Mn |
| Mar 31, 2025 | 3.53 Mn |
| Dec 31, 2024 | 4.23 Mn |
| Sep 30, 2024 | 4.17 Mn |
| Jun 30, 2024 | 4.73 Mn |
| Mar 31, 2024 | 4.27 Mn |
| Dec 31, 2023 | 6.12 Mn |
| Sep 30, 2023 | 8.02 Mn |
| Jun 30, 2023 | 7.45 Mn |
| Mar 31, 2023 | 5.55 Mn |
| Dec 31, 2022 | 11.33 Mn |
| Sep 30, 2022 | 15.56 Mn |
| Jun 30, 2022 | 17.42 Mn |
| Mar 31, 2022 | 11.68 Mn |
| Dec 31, 2021 | 6.68 Mn |
| Sep 30, 2021 | 9.57 Mn |
API Access
Vulcan Infrastructure & Power Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=VIP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "VIP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=VIP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();