Advanced Flower Capital (AFCG) Operating Expenses (2021 - 2026)

Advanced Flower Capital's (AFCG) quarterly Operating Expenses came in at $5.1 million in Q1 2026, up 181.59% year-on-year from $1.8 million in Q1 2025, and up 251.57% quarter-over-quarter from $1.5 million in Q4 2025.

Advanced Flower Capital (AFCG) Operating Expenses (2021 - 2026) Analysis & Trends

Advanced Flower Capital's Operating Expenses history runs 6 years deep, the most recent figure standing at $5.1 million for Q1 2026.

  • On a quarterly basis, Operating Expenses rose 181.59% year-over-year to $5.1 million in Q1 2026; TTM through Mar 2026 was $10.1 million, a 512.58% increase from a year earlier, with the FY2025 full-year figure at $6.8 million, up 6.66% from the prior year.
  • Operating Expenses improved to $5.1 million in Q1 2026 per AFCG's latest filing, from $1.5 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $6.4 million in Q1 2023 and bottomed at -$7.4 million in Q4 2024.
  • The 5-year median for Operating Expenses is $1.7 million (2022), against an average of $2.0 million.
  • Across the five-year window, Operating Expenses jumped 277.14% in 2023 and sank 246.41% in 2024, its largest moves.
  • Year by year, Operating Expenses stood at $1.7 million in 2022, then jumped by 193.31% to $5.1 million in 2023, then sank by 246.41% to -$7.4 million in 2024, then jumped by 119.65% to $1.5 million in 2025, then jumped by 251.57% to $5.1 million in 2026.
  • Per Business Quant, the three latest AFCG Operating Expenses figures stand at $5.1 million (Q1 2026), $1.5 million (Q4 2025), and $1.6 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -14.14 Bn
2 BlackRock 161.01 Bn 148.08 Bn - 3.88 Bn
3 Blackstone 97.77 Bn 96.72 Bn - 2.26 Bn
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 4.68 Bn
5 State Street 51.30 Bn 51.30 Bn - 2.81 Bn
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 3.67 Bn
7 Northern Trust 32.93 Bn 32.93 Bn - 1.51 Bn
8 Raymond James Financial 32.59 Bn 17.67 Bn - 3.12 Bn
9 Price T Rowe 24.70 Bn 21.13 Bn - 1.18 Bn
10 Advanced Flower Capital 62.12 Mn 62.12 Mn - 5.11 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 5.11 Mn
Dec 31, 2025 1.45 Mn
Sep 30, 2025 1.63 Mn
Jun 30, 2025 1.86 Mn
Mar 31, 2025 1.82 Mn
Dec 31, 2024 -7.40 Mn
Sep 30, 2024 1.57 Mn
Jun 30, 2024 1.57 Mn
Mar 31, 2024 1.60 Mn
Dec 31, 2023 5.05 Mn
Sep 30, 2023 1.53 Mn
Jun 30, 2023 1.58 Mn
Mar 31, 2023 6.41 Mn
Dec 31, 2022 1.72 Mn
Sep 30, 2022 5.31 Mn
Jun 30, 2022 1.75 Mn
Mar 31, 2022 1.70 Mn
Dec 31, 2021 14.40 Mn
Sep 30, 2021 3.85 Mn
Mar 31, 2021 3.07 Mn