Upexi Operating Expenses Growth & History (UPXI)
Upexi's operating expenses was $23.4M for fiscal 2025.
View full Upexi company overviewUpexi annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-06-30 | $23.4M | −$11.9M | −33.78% |
| 2024 | 2024-06-30 | $35.3M | $2.0M | +5.96% |
| 2023 | 2023-06-30 | $33.3M | $11.9M | +55.91% |
| 2022 | 2022-06-30 | $21.4M | $10.9M | +103.96% |
| 2021 | 2021-06-30 | $10.5M | $3.1M | +41.36% |
| 2020 | 2020-06-30 | $7.4M | — | — |
Upexi quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-03-31 | $111.1M | $106.0M | +2059.54% |
| Q2 2026 | 2025-12-31 | $182.1M | $178.0M | +4398.70% |
| Q1 2026 | 2025-09-30 | $60.9M | $56.6M | +1327.17% |
| Q4 2025 | 2025-06-30 | $9.9M | −$5.0M | −33.62% |
| Q3 2025 | 2025-03-31 | $5.1M | −$1.2M | −18.39% |
| Q2 2025 | 2024-12-31 | $4.0M | −$3.1M | −43.54% |
| Q1 2025 | 2024-09-30 | $4.3M | −$2.6M | −38.05% |
| Q4 2024 | 2024-06-30 | $14.9M | $11.3M | +313.71% |
| Q3 2024 | 2024-03-31 | $6.3M | −$3.4M | −35.06% |
| Q2 2024 | 2023-12-31 | $7.2M | −$4.6M | −39.19% |
| Q1 2024 | 2023-09-30 | $6.9M | −$1.3M | −15.98% |
| Q4 2023 | 2023-06-30 | $3.6M | −$2.6M | −41.86% |
| Q3 2023 | 2023-03-31 | $9.7M | $4.8M | +99.54% |
| Q2 2023 | 2022-12-31 | $11.8M | $5.0M | +73.13% |
| Q1 2023 | 2022-09-30 | $8.2M | $4.7M | +135.65% |
| Q4 2022 | 2022-06-30 | $6.2M | $2.4M | +61.69% |
| Q3 2022 | 2022-03-31 | $4.9M | $2.5M | +104.35% |
| Q2 2022 | 2021-12-31 | $6.8M | $4.6M | +213.18% |
| Q1 2022 | 2021-09-30 | $3.5M | $1.4M | +67.32% |
| Q4 2021 | 2021-06-30 | $3.8M | — | — |
| Q3 2021 | 2021-03-31 | $2.4M | — | — |
| Q2 2021 | 2020-12-31 | $2.2M | — | — |
| Q1 2021 | 2020-09-30 | $2.1M | — | — |
Upexi operating expenses trends
Over the last five fiscal years, Upexi's operating expenses increased from $7.4M to $23.4M, a change of $16.0M. The latest reported quarter, Q3 2026, shows $111.1M.
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.
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 Upexi source filings ↗