Adamas Trust (ADAMM) Operating Expenses (2010 - 2026)

Adamas Trust has reported Operating Expenses for 17 years, with the latest figure at $40.0 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 59.47% year-over-year to $40.0 million; the trailing twelve-month figure through Mar 2026 stood at $137.9 million (up 49.12% YoY), and the FY2025 full-year result was $122.9 million, up 34.08% from the prior year.
• Operating Expenses for Q1 2026 stood at $40.0 million, up from $36.1 million in the prior quarter.
• The five-year high for Operating Expenses was $109.8 million in Q2 2022, with the low at $17.0 million in Q3 2023.
• Historically, Operating Expenses has averaged $33.0 million across 5 years, with a median of $22.8 million in 2024.
• Annual changes were most pronounced in 2022 — Operating Expenses jumped 374.78% — and 2023, when it slumped 82.72%.
• Adamas Trust's Operating Expenses stood at $21.9 million in 2022, then slipped by 18.6% to $17.8 million in 2023, then climbed by 17.5% to $20.9 million in 2024, then soared by 72.61% to $36.1 million in 2025, then grew by 10.82% to $40.0 million in 2026.
• The last three Operating Expenses figures came in at $40.0 million (Q1 2026), $36.1 million (Q4 2025), and $41.8 million (Q3 2025), per Business Quant data.