Beneficient (BENF) Operating Expenses (2021 - 2025)

Beneficient's Operating Expenses history runs 5 years deep, the most recent figure standing at $14.7 million for Q4 2025.

• In Q4 2025, Operating Expenses rose 5.7% year-over-year to $14.7 million; the TTM figure through Dec 2025 stood at $124.2 million (down 19.27% YoY), while the FY2025 annual figure was $16.2 million, down 99.36% from the prior year.
• Operating Expenses came in at $14.7 million for Q4 2025 at Beneficient, down from $15.1 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $1.2 billion in Q2 2023 to a low of -$34.3 million in Q2 2024.
• A 5-year average of $199.0 million and a median of $30.3 million in 2021 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses soared 2258.0% in 2023 and sank 102.97% in 2024, its largest moves.
• Beneficient's Operating Expenses stood at $25.6 million in 2021, then jumped by 36.93% to $35.1 million in 2022, then surged by 2483.7% to $905.7 million in 2023, then slumped by 98.46% to $13.9 million in 2024, then grew by 5.7% to $14.7 million in 2025.
• According to Business Quant data, Operating Expenses over the past three periods registered $14.7 million, $15.1 million, and $80.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

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