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
DateValue
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