Binah Capital (BCG) Operating Expenses (2023 - 2026)

Binah Capital (BCG) recorded quarterly Operating Expenses of $46.0 million in Q1 2026, down 9.27% quarter-over-quarter from $50.7 million in Q4 2025, and down 3.02% on a YoY basis from $47.5 million in Q1 2025.

Binah Capital (BCG) Operating Expenses (2023 - 2026) Analysis & Trends

Binah Capital's Operating Expenses history runs 4 years deep, the most recent figure standing at $46.0 million for Q1 2026.

  • In Q1 2026, Operating Expenses fell 3.02% year-over-year to $46.0 million; the TTM figure through Mar 2026 stood at $183.1 million (up 3.66% YoY), while the FY2025 annual figure was $184.5 million, up 7.26% from the prior year.
  • Operating Expenses was $46.0 million for Q1 2026 at Binah Capital, down from $50.7 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $50.7 million in Q4 2025 to a low of $40.1 million in Q2 2023.
  • Historically, Operating Expenses has averaged $43.9 million across 4 years, with a median of $42.8 million in 2023.
  • The sharpest annual moves came in 2025 and 2026: Operating Expenses advanced 12.33% in 2025, then decreased 3.02% in 2026.
  • A 4-year view of Operating Expenses shows it stood at $42.5 million in 2023, then climbed by 6.23% to $45.2 million in 2024, then grew by 12.33% to $50.7 million in 2025, then retreated by 9.27% to $46.0 million in 2026.
  • The last three Operating Expenses figures came in at $46.0 million (Q1 2026), $50.7 million (Q4 2025), and $44.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 3.88 Bn
2 Blackstone 96.85 Bn 95.80 Bn - 2.26 Bn
3 Kkr 86.45 Bn 133.96 Bn - 3.87 Bn
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 4.68 Bn
5 State Street 46.95 Bn 21.27 Bn - 2.81 Bn
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 3.67 Bn
7 Northern Trust 31.92 Bn 31.92 Bn - 1.51 Bn
8 Raymond James Financial 30.62 Bn 19.37 Bn - 3.12 Bn
9 Ares Management 29.04 Bn 32.41 Bn - 1.17 Bn
10 Binah Capital 25.13 Mn 30.45 Mn - 46.04 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 46.04 Mn
Dec 31, 2025 50.75 Mn
Sep 30, 2025 44.25 Mn
Jun 30, 2025 42.06 Mn
Mar 31, 2025 47.48 Mn
Dec 31, 2024 45.18 Mn
Sep 30, 2024 42.81 Mn
Jun 30, 2024 41.17 Mn
Mar 31, 2024 42.89 Mn
Dec 31, 2023 42.53 Mn
Sep 30, 2023 42.85 Mn
Jun 30, 2023 40.06 Mn
Mar 31, 2023 42.03 Mn