VIP Play (VIPZ) Operating Expenses (2020 - 2026)
VIP Play (VIPZ) reported Operating Expenses of $2.1 million for Q1 2026, up 14.68% on a YoY basis from $1.8 million in Q1 2025, and down 4.69% quarter-over-quarter from $2.2 million in Q4 2025.
VIP Play (VIPZ) Operating Expenses (2020 - 2026) Analysis & Trends
VIP Play has reported Operating Expenses for 7 years, with the latest figure at $2.1 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 14.68% year-over-year to $2.1 million; the trailing twelve-month figure through Mar 2026 stood at $9.2 million (down 38.15% YoY), and the FY2025 full-year result was $15.1 million, up 33.55% from the prior year.
- Operating Expenses for Q1 2026 stood at $2.1 million, down from $2.2 million in the prior quarter.
- The five-year high for Operating Expenses was $8.5 million in Q4 2024, with the low at $48716.0 in Q1 2022.
- Historically, Operating Expenses has averaged $2.5 million across 5 years, with a median of $2.2 million in 2025.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 9583.01% — and 2025, when it slumped 74.2%.
- VIP Play's Operating Expenses stood at $1.6 million in 2022, then soared by 195.94% to $4.8 million in 2023, then surged by 79.05% to $8.5 million in 2024, then tumbled by 74.2% to $2.2 million in 2025, then slipped by 4.69% to $2.1 million in 2026.
- The last three Operating Expenses figures came in at $2.1 million (Q1 2026), $2.2 million (Q4 2025), and $2.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.90 Bn | 16.81 Bn | 1.84 Bn | 792.00 Mn |
| 2 | DraftKings | 13.03 Bn | 12.02 Bn | 696.69 Mn | 289.11 Mn |
| 3 | Churchill Downs | 6.18 Bn | 6.02 Bn | 475.00 Mn | 520.00 Mn |
| 4 | Rush Street Interactive | 2.98 Bn | 2.81 Bn | 132.17 Mn | 327.58 Mn |
| 5 | Brightstar Lottery | 2.10 Bn | 1.86 Bn | 553.00 Mn | 60.00 Mn |
| 6 | Accel Entertainment | 1.07 Bn | 801.63 Mn | 109.94 Mn | 324.48 Mn |
| 7 | Codere Online Luxembourg | 539.90 Mn | 470.47 Mn | - | - |
| 8 | Bragg Gaming | 273.64 Mn | 265.89 Mn | 18.22 Mn | 17.75 Mn |
| 9 | Inspired Entertainment | 234.31 Mn | 190.81 Mn | 54.60 Mn | 24.30 Mn |
| 10 | VIP Play | - | - | -313,000.00 | 2.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 18,583.00 |