Forum Markets annual operating expenses
2019
2020
2021
2022
2023
2024
2025
Forum Markets Operating Expenses Growth & History (FRMM)
Forum Markets's operating expenses was $240.0M for fiscal 2025.
View full Forum Markets company overviewForum Markets annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $240.0M | $235.6M | +5331.03% |
| 2024 | 2024-12-31 | $4.4M | −$9.1M | −67.21% |
| 2023 | 2023-12-31 | $13.5M | −$4.4M | −24.70% |
| 2022 | 2022-12-31 | $17.9M | $2.3M | +14.43% |
| 2021 | 2021-12-31 | $15.6M | $10.0M | +176.92% |
| 2020 | 2020-12-31 | $5.6M | −$15.2M | −72.93% |
| 2019 | 2019-12-31 | $20.9M | — | — |
Forum Markets quarterly operating expenses
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $10.3M | $9.0M | +664.23% |
| Q1 2026 | 2026-03-31 | $7.5M | $5.5M | +280.88% |
| Q4 2025 | 2025-12-31 | $12.1M | — | — |
| Q3 2025 | 2025-09-30 | $224.6M | $224.0M | +37574.45% |
| Q2 2025 | 2025-06-30 | $1.4M | −$493,738 | −26.74% |
| Q1 2025 | 2025-03-31 | $2.0M | −$125,468 | −6.00% |
| Q3 2024 | 2024-09-30 | $596,172 | −$2.9M | −83.15% |
| Q2 2024 | 2024-06-30 | $1.8M | −$1.8M | −49.86% |
| Q1 2024 | 2024-03-31 | $2.1M | −$2.7M | −56.44% |
| Q4 2023 | 2023-12-31 | $1.5M | −$4.2M | −74.25% |
| Q3 2023 | 2023-09-30 | $3.5M | −$516,965 | −12.75% |
| Q2 2023 | 2023-06-30 | $3.7M | −$838,868 | −18.55% |
| Q1 2023 | 2023-03-31 | $4.8M | $1.1M | +30.50% |
| Q4 2022 | 2022-12-31 | $5.6M | $1.2M | +26.40% |
| Q3 2022 | 2022-09-30 | $4.1M | −$162,324 | −3.85% |
| Q2 2022 | 2022-06-30 | $4.5M | $508,679 | +12.68% |
| Q1 2022 | 2022-03-31 | $3.7M | $732,766 | +24.85% |
| Q4 2021 | 2021-12-31 | $4.5M | $2.0M | +84.69% |
| Q3 2021 | 2021-09-30 | $4.2M | $3.5M | +476.88% |
| Q2 2021 | 2021-06-30 | $4.0M | $3.1M | +329.58% |
| Q1 2021 | 2021-03-31 | $2.9M | $1.4M | +88.17% |
| Q4 2020 | 2020-12-31 | $2.4M | — | — |
| Q3 2020 | 2020-09-30 | $731,078 | — | — |
| Q2 2020 | 2020-06-30 | $934,199 | — | — |
| Q1 2020 | 2020-03-31 | $1.6M | — | — |
Forum Markets operating expenses trends
Over the last five fiscal years, Forum Markets's operating expenses increased from $5.6M to $240.0M, a change of $234.3M. The latest reported quarter, Q2 2026, shows $10.3M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Forum Markets source filings ↗