Advanced Flower Capital AFCG
NASDAQ AFCG
$3.52 +0.01 (+0.28%)
At close: Sep 9, 2026 · 4:00 PM EDT

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

Advanced Flower Capital (AFCG) posted Operating Expenses of $5.2 million for Q2 2026, up 1.26% on a QoQ basis from $5.1 million in Q1 2026, and up 99.2% year-over-year from $2.6 million in Q2 2025.

Analysis

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

Advanced Flower Capital has reported Operating Expenses for 6 years, with the latest figure at $5.2 million in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 99.2% year-over-year to $5.2 million in Q2 2026; TTM through Jun 2026 was $20.9 million, a 88.27% increase from a year earlier, with the FY2025 full-year figure at $15.7 million, down 9.25% from the prior year.
  • Operating Expenses was $5.2 million for Q2 2026 at Advanced Flower Capital, up from $5.1 million in the prior quarter.
  • The five-year high for Operating Expenses was $7.8 million in Q4 2025, with the low at $2.5 million in Q3 2024.
  • Average Operating Expenses over 5 years is $4.9 million, with a median of $5.2 million recorded in 2023.
  • The largest YoY upside for Operating Expenses was 119.74% in 2025 against a maximum downside of 55.01% in 2025.
  • Over 5 years, Operating Expenses stood at $5.9 million in 2022, then slipped by 14.64% to $5.1 million in 2023, then dropped by 29.76% to $3.5 million in 2024, then surged by 119.74% to $7.8 million in 2025, then plunged by 33.63% to $5.2 million in 2026.
  • The last three Operating Expenses figures came in at $5.2 million (Q2 2026), $5.1 million (Q1 2026), and $7.8 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Ares Capital 14.12 Bn 13.73 Bn - 401.00 Mn
2 Blackstone Secured Lending Fund 5.69 Bn 5.42 Bn - 142.27 Mn
3 Blue Owl Capital 5.52 Bn 5.28 Bn - 224.46 Mn
4 Main Street Capital 5.26 Bn 5.20 Bn - 55.78 Mn
5 Blue Owl Technology Finance 5.05 Bn 4.84 Bn - 198.97 Mn
6 Hercules Capital 4.64 Bn 4.59 Bn - 61.10 Mn
7 FS KKR Capital 3.37 Bn 3.27 Bn - 179.00 Mn
8 Golub Capital Bdc 3.34 Bn 3.30 Bn - 102.51 Mn
9 PennantPark Floating Rate Capital 2.48 Bn -129.09 Mn - 40.19 Mn
10 Advanced Flower Capital 81.20 Mn 81.20 Mn - 5.18 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 5.18 Mn
Mar 31, 2026 5.11 Mn
Dec 31, 2025 7.80 Mn
Sep 30, 2025 2.81 Mn
Jun 30, 2025 2.60 Mn
Mar 31, 2025 2.48 Mn
Dec 31, 2024 3.55 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 5.15 Mn
Jun 30, 2023 4.94 Mn
Mar 31, 2023 6.41 Mn
Dec 31, 2022 5.92 Mn
Sep 30, 2022 5.31 Mn
Jun 30, 2022 5.79 Mn
Mar 31, 2022 6.38 Mn
Dec 31, 2021 4.48 Mn
Sep 30, 2021 3.85 Mn