WhiteFiber WYFI
NASDAQ WYFI
$17.26 +0.44 (+2.62%)
At close: Sep 16, 2026 · 4:00 PM EDT

WhiteFiber (WYFI) Operating Expenses (2024 - 2026)

WhiteFiber's (WYFI) quarterly Operating Expenses came in at $38.1 million in Q2 2026, up 36.94% year-over-year from $27.8 million in Q2 2025, and up 32.46% quarter-over-quarter from $28.8 million in Q4 2025.

Analysis

WhiteFiber (WYFI) Operating Expenses (2024 - 2026) Analysis & Trends

WhiteFiber (WYFI) has reported Operating Expenses for 3 consecutive years, with $38.1 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 36.94% year-over-year to $38.1 million in Q2 2026; TTM through Jun 2026 was $129.4 million, a 91.37% increase from a year earlier, with the FY2025 full-year figure at $106.0 million, up 125.45% from the prior year.
  • Operating Expenses was $38.1 million for Q2 2026 at WhiteFiber, up from $28.8 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $38.1 million in Q2 2026 and troughed at $10.2 million in Q2 2024.
  • A 3-year average of $24.2 million and a median of $27.8 million in 2025 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses jumped 173.29% in 2025 and jumped 36.94% in 2026, its largest moves.
  • Over 3 years, Operating Expenses stood at $16.5 million in 2024, then surged by 74.64% to $28.8 million in 2025, then jumped by 32.46% to $38.1 million in 2026.
  • The last three Operating Expenses figures came in at $38.1 million (Q2 2026), $28.8 million (Q4 2025), and $34.7 million (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Equinix 100.35 Bn 98.13 Bn 1.40 Bn 1.96 Bn
2 Terawulf 7.45 Bn 4.69 Bn 32.37 Mn 185.22 Mn
3 Cipher Digital 6.82 Bn 2.80 Bn 9.79 Mn 35.08 Mn
4 Applied Digital 6.71 Bn 2.74 Bn 97.29 Mn 383.57 Mn
5 GDS Holdings 5.78 Bn 3.59 Bn 97.89 Mn -28.32 Mn
6 Core Scientific 5.48 Bn 3.54 Bn 70.04 Mn 49.39 Mn
7 Vnet 1.63 Bn 636.30 Mn 74.45 Mn -40.67 Mn
8 Sify Technologies 1.44 Bn 1.44 Bn 51.65 Mn -97.82 Mn
9 WhiteFiber 666.74 Mn 606.37 Mn 18.88 Mn 38.09 Mn
10 Vulcan Infrastructure & Power 432.00 Mn 428.80 Mn -1.25 Mn 13.03 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 38.09 Mn
Dec 31, 2025 28.76 Mn
Sep 30, 2025 34.68 Mn
Jun 30, 2025 27.82 Mn
Dec 31, 2024 16.47 Mn
Sep 30, 2024 13.13 Mn
Jun 30, 2024 10.18 Mn