Bain Capital Specialty Finance (BCSF) Operating Expenses (2021 - 2026)

Bain Capital Specialty Finance's quarterly Operating Expenses came in at $37.9 million in Q1 2026, up 12.63% year-on-year from $33.7 million in Q1 2025, and little changed quarter-over-quarter from $37.7 million in Q4 2025.

Bain Capital Specialty Finance has reported Operating Expenses for 6 years, with the latest figure at $37.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 12.63% year-over-year to $37.9 million; the trailing twelve-month figure through Mar 2026 stood at $152.1 million (up 3.06% YoY), and the FY2025 full-year result was $147.9 million, down 3.65% from the prior year.
  • Operating Expenses for Q1 2026 stood at $37.9 million, roughly flat from $37.7 million in the prior quarter.
  • The five-year high for Operating Expenses was $42.0 million in Q1 2023, with the low at $23.8 million in Q4 2022.
  • Average Operating Expenses over 5 years is $35.0 million, with a median of $37.5 million recorded in 2024.
  • Year-over-year, Operating Expenses surged 138.37% in 2022 and declined 14.85% in 2025.
  • Tracing BCSF's Operating Expenses over 5 years: stood at $23.8 million in 2022, then soared by 64.31% to $39.0 million in 2023, then slipped by 1.49% to $38.4 million in 2024, then decreased by 1.83% to $37.7 million in 2025, then advanced by 0.43% to $37.9 million in 2026.
  • The last three Operating Expenses figures came in at $37.9 million (Q1 2026), $37.7 million (Q4 2025), and $37.2 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 Bain Capital Specialty Finance - - - 37.90 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 37.90 Mn
Dec 31, 2025 37.74 Mn
Sep 30, 2025 37.20 Mn
Jun 30, 2025 39.30 Mn
Mar 31, 2025 33.65 Mn
Dec 31, 2024 38.44 Mn
Sep 30, 2024 37.53 Mn
Jun 30, 2024 38.00 Mn
Mar 31, 2024 39.52 Mn
Dec 31, 2023 39.03 Mn
Sep 30, 2023 36.10 Mn
Jun 30, 2023 35.71 Mn
Mar 31, 2023 41.98 Mn
Dec 31, 2022 23.75 Mn
Sep 30, 2022 28.71 Mn
Jun 30, 2022 25.65 Mn
Mar 31, 2022 24.31 Mn
Dec 31, 2021 -61.90 Mn
Sep 30, 2021 27.78 Mn