Advanced Flower Capital (AFCG) Operating Expenses (2021 - 2026)
Advanced Flower Capital's quarterly Operating Expenses came in at $5.1 million in Q1 2026, up 106.38% year-on-year from $2.5 million in Q1 2025, and down 34.46% quarter-over-quarter from $7.8 million in Q4 2025.
Advanced Flower Capital has reported Operating Expenses for 6 years, with the latest figure at $5.1 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 106.38% year-over-year to $5.1 million; the trailing twelve-month figure through Mar 2026 stood at $16.4 million (down 29.43% YoY), and the FY2025 full-year result was $15.7 million, down 9.25% from the prior year.
- Operating Expenses for Q1 2026 stood at $5.1 million, down from $7.8 million in the prior quarter.
- The five-year high for Operating Expenses was $12.5 million in Q4 2024, with the low at -$10.7 million in Q4 2022.
- Average Operating Expenses over 5 years is $3.4 million, with a median of $2.5 million recorded in 2025.
- Year-over-year, Operating Expenses plunged 174.11% in 2022 and soared 265.19% in 2024.
- Tracing AFCG's Operating Expenses over 5 years: stood at -$10.7 million in 2022, then soared by 147.35% to $5.1 million in 2023, then surged by 148.05% to $12.5 million in 2024, then tumbled by 37.78% to $7.8 million in 2025, then tumbled by 34.46% to $5.1 million in 2026.
- The last three Operating Expenses figures came in at $5.1 million (Q1 2026), $7.8 million (Q4 2025), and $1.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 3.88 Bn |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 2.26 Bn |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 3.87 Bn |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 733.00 Mn |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 4.68 Bn |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 2.81 Bn |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 3.67 Bn |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 1.51 Bn |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 1.17 Bn |
| 10 | Advanced Flower Capital | 86.23 Mn | 86.23 Mn | - | 5.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.11 Mn |
| Dec 31, 2025 | 7.80 Mn |
| Sep 30, 2025 | 1.63 Mn |
| Jun 30, 2025 | 1.86 Mn |
| Mar 31, 2025 | 2.48 Mn |
| Dec 31, 2024 | 12.53 Mn |
| Sep 30, 2024 | 2.48 Mn |
| Jun 30, 2024 | 5.75 Mn |
| Mar 31, 2024 | 5.50 Mn |
| Dec 31, 2023 | 5.05 Mn |
| Sep 30, 2023 | 1.53 Mn |
| Jun 30, 2023 | 1.58 Mn |
| Mar 31, 2023 | 1.67 Mn |
| Dec 31, 2022 | -10.67 Mn |
| Sep 30, 2022 | 1.64 Mn |
| Jun 30, 2022 | 5.79 Mn |
| Mar 31, 2022 | 6.38 Mn |
| Dec 31, 2021 | 14.40 Mn |
| Jun 30, 2021 | 2.99 Mn |
| Mar 31, 2021 | 3.07 Mn |