Binah Capital (BCG) Operating Expenses (2023 - 2026)
Binah Capital (BCG) posted Operating Expenses of $46.1 million for Q2 2026, little changed on a QoQ basis from $46.0 million in Q1 2026, and up 9.59% year-over-year from $42.1 million in Q2 2025.
Analysis
Binah Capital (BCG) Operating Expenses (2023 - 2026) Analysis & Trends
Binah Capital has reported Operating Expenses for 4 years, with the latest figure at $46.1 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 9.59% year-over-year to $46.1 million in Q2 2026; TTM through Jun 2026 was $187.1 million, a 5.41% increase from a year earlier, with the FY2025 full-year figure at $184.5 million, up 7.26% from the prior year.
- Operating Expenses was $46.1 million for Q2 2026 at Binah Capital, roughly flat from $46.0 million in the prior quarter.
- The five-year high for Operating Expenses was $50.7 million in Q4 2025, with the low at $40.1 million in Q2 2023.
- Average Operating Expenses over 4 years is $44.0 million, with a median of $42.9 million recorded in 2023.
- The sharpest annual moves came in 2025 and 2026: Operating Expenses climbed 12.33% in 2025, then slipped 3.02% in 2026.
- Over 4 years, Operating Expenses stood at $42.5 million in 2023, then grew by 6.23% to $45.2 million in 2024, then increased by 12.33% to $50.7 million in 2025, then dropped by 9.17% to $46.1 million in 2026.
- The last three Operating Expenses figures came in at $46.1 million (Q2 2026), $46.0 million (Q1 2026), and $50.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 103.93 Bn | 86.55 Bn | 1.20 Bn | 734.00 Mn |
| 2 | Interactive Brokers | 40.46 Bn | -23.84 Bn | - | 440.00 Mn |
| 3 | LPL Financial Holdings | 27.92 Bn | 25.22 Bn | - | 4.67 Bn |
| 4 | Futu Holdings | 16.32 Bn | -3.37 Bn | 792.50 Mn | -223.32 Mn |
| 5 | UP Fintech Holding | 13.32 Bn | 13.32 Bn | - | -103.94 Mn |
| 6 | Xp | 10.04 Bn | 5.19 Bn | 105.39 Mn | -336.56 Mn |
| 7 | Webull | 3.75 Bn | 3.05 Bn | - | 153.38 Mn |
| 8 | eToro | 2.56 Bn | 1.60 Bn | 63.50 Mn | 93.85 Mn |
| 9 | Solowin Holdings | 263.54 Mn | 244.49 Mn | - | - |
| 10 | Binah Capital | 21.46 Mn | 10.55 Mn | - | 46.09 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 46.09 Mn |
| 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 |