VIP Play (VIPZ) Operating Expenses (2020 - 2026)
VIP Play (VIPZ) recorded Operating Expenses of $2.09 million in fiscal Q3 2026 (quarter ended Mar 31, 2026), up 14.7% from $1.83 million a year earlier but down 4.7% from the prior quarter.
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Analysis
VIP Play (VIPZ) Operating Expenses (2020 - 2026) Analysis & Trends
On a TTM basis, VIP Play's Operating Expenses came in at $9.22 million as of Mar 31, 2026, down 38.2% year-over-year; for FY2025 (ended Jun 30, 2025), it came in at $15.08 million, up 33.5% from FY2024.
- Annual Operating Expenses has a five-year compound annual growth rate of 343.3% (FY2020 to FY2025).
- Across earlier fiscal years, Operating Expenses came in at $11.29 million in FY2024 (+45.0%), $7.79 million in FY2023, $646,762 in FY2022 and $48,883 in FY2021 (+454.9%).
- Quarterly Operating Expenses has ranged from $16,588 in fiscal Q2 2022 to $8.51 million in fiscal Q2 2025 over the past five years.
- On a year-over-year basis, Operating Expenses rose in five of the last eight quarters, with growth averaging 0.8%.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 305.0% in fiscal Q1 2022, against a decline of 74.2% in fiscal Q2 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $2.2 million (Q2 2026), $2.68 million (Q1 2026) and $2.25 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn | 2.54 Bn |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn | 297.09 Mn |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn | 845.00 Mn |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 86.28 Mn |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn | 716.29 Mn |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn | 1.56 Bn |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn | 3.97 Bn |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | 2.48 Bn |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - | -50.00 Mn |
| 10 | VIP Play | 11.75 Mn | 10.75 Mn | -345,000.00 | 3.89 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.89 Mn |
| Mar 31, 2026 | 2.09 Mn |
| Dec 31, 2025 | 2.20 Mn |
| Sep 30, 2025 | 2.68 Mn |
| Jun 30, 2025 | 2.25 Mn |
| Mar 31, 2025 | 1.83 Mn |
| Dec 31, 2024 | 8.51 Mn |
| Sep 30, 2024 | 2.50 Mn |
| Jun 30, 2024 | 2.06 Mn |
| Mar 31, 2024 | 2.46 Mn |
| Dec 31, 2023 | 4.75 Mn |
| Sep 30, 2023 | 3.17 Mn |
| Jun 30, 2023 | 1.75 Mn |
| Mar 31, 2023 | 2.09 Mn |
| Dec 31, 2022 | 1.61 Mn |
| Sep 30, 2022 | 2.34 Mn |
| Jun 30, 2022 | 548,778.00 |
| Mar 31, 2022 | 48,716.00 |
| Dec 31, 2021 | 16,588.00 |
| Sep 30, 2021 | 32,613.00 |
API Access
VIP Play Operating 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=operating-expenses&ticker=VIPZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "VIPZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=VIPZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();