Discontinued — last reported Q1 '26

Operating Income

Operating Income

General Purpose Acquisition Corp. Operating Income decreased by 14.8% to -$3.98M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 30.7%, from -$5.75M to -$3.98M. Over 3 years (FY 2021 to FY 2025), Operating Income shows a downward trend with a 64.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2021
Last reportedQ1 2026May 14, 2026

How to read this metric

An increase indicates improved operational efficiency or reduced overhead, while a decrease reflects higher operational costs or lack of revenue generation.

Detailed definition

Operating income measures the profit or loss generated from core business activities before accounting for interest, tax...

Peer comparison

Generally negative for all pre-merger SPACs, with variances driven by the scale of administrative and legal expenses.

Metric ID: operating_income

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value-$899.75K-$899.75K-$899.75K-$191.00K-$329.00K$1.88M-$313.00K-$778.46K-$2.68M-$1.24M-$1.27M-$8.98M-$6.49M-$5.75M-$3.04M-$3.83M-$3.47M-$3.98M
QoQ Change+0.0%+0.0%+78.8%-72.3%+672.3%-116.6%-148.7%-243.7%+53.8%-2.6%-608.8%+27.7%+11.4%+47.2%-26.0%+9.2%-14.8%
YoY Change+63.4%>999%+4.9%-165.6%-304.8%<-999%-142.5%-365.3%-139.6%+57.4%+46.5%+30.7%
Range-$8.98M$1.88M
CAGR+41.9%
Avg YoY Growth-73.6%
Median YoY Growth-67.4%

Frequently Asked Questions

What is General Purpose Acquisition Corp. 's operating income?
General Purpose Acquisition Corp. (GPAC) reported operating income of -$3.98M in Q1 2026.
How has General Purpose Acquisition Corp. 's operating income changed year-over-year?
General Purpose Acquisition Corp. 's operating income increased by 30.7% year-over-year, from -$5.75M to -$3.98M.
What is the long-term trend for General Purpose Acquisition Corp. 's operating income?
Over 3 years (2021 to 2025), General Purpose Acquisition Corp. 's operating income has grown at a 64.7% compound annual growth rate (CAGR), from -$3.60M to -$16.08M.
What does operating income mean?
The profit or loss from core business operations before interest and taxes.