Morpho (TSE:3653) Total Operating Expense: 円1,824 Mil (TTM As of Apr. 2026)

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TSE:3653 Morpho Inc TSE:3653
56 GF Score
Price 円628.00
GF Value 円1,460.13
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Morpho Total Operating Expense?

Morpho TSE:3653 56 Total Operating Expense is 円1,824 Mil as of Apr. 2026. GuruFocus rates TSE:3653 with a GF Score™ of 56/100 and a GF Value™ of 円1,460.13 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Morpho's Total Operating Expense for the six months ended in Apr. 2026 was 円923 Mil. Morpho's Total Operating Expense for the trailing twelve months (TTM) ended in Apr. 2026 was 円1,824 Mil.

Morpho Total Operating Expense Related Terms

Morpho Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Morpho's Total Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Morpho Total Operating Expense Chart

Morpho Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,748.13 1,540.48 1,601.43 1,642.78 1,797.87

Morpho Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 807.73 835.04 897.20 900.66 922.85
TSE:3653
56GF Score
Morpho Inc TSE:3653
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Morpho Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Apr. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円1,824 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Total Operating Expense of 円1,824 Mil mean?
Morpho (TSE:3653) has a Total Operating Expense of 円1,824 Mil as of Apr. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Morpho and its competitors.
Is Morpho's Total Operating Expense too high?
Morpho's current Total Operating Expense is 円1,824 Mil. Overall, Morpho has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Morpho's Total Operating Expense compare to UBER and SHOP?
Morpho's Total Operating Expense of 円1,824 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Software company?
A good Total Operating Expense depends on the Software industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Morpho and its competitors. Morpho's current Total Operating Expense is 円1,824 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morpho stock overvalued right now?
Based on GuruFocus' analysis, Morpho (TSE:3653) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,460.13, compared to a current price of 円628.00 — trading 57% below its estimated fair value. The current Total Operating Expense is 円1,824 Mil. Morpho's overall GF Score™ is 56/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Morpho (TSE:3653), the current Total Operating Expense is 円1,824 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Morpho (TSE:3653) Overvalued in 2026?

Based on GuruFocus' analysis, Morpho stock appears to be undervalued. The current stock price of 円628.00 is trading 57% below its estimated GF Value™ of 円1,460.13. GuruFocus considers Morpho to be Significantly Undervalued.

Key valuation signals for TSE:3653:

  • Total Operating Expense: 円1,824 Mil
  • GF Value™: 円1,460.13 vs. price of 円628.00 (57% below fair value)
  • GF Score™: 56/100 with 4 warning signs

No single metric tells the full story. See the TSE:3653 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Morpho Business Description

Address 2-2-1 Kanda-Nishikicho, 11th Floor, Kanda Sqaure, Chiyoda-ku, Tokyo, JPN, 101-0054
Morpho Inc is engaged in the research and development of image processing technology, product development, and licensing.
56GF Score

Get the complete analysis for TSE:3653

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円628.00
Price
円1,460.13
GF Value