Bimini Capital Management (BMNM) Operating Expenses (2010 - 2026)
Bimini Capital Management (BMNM) reported Operating Expenses of $3.9 million for Q1 2026, up 27.35% on a YoY basis from $3.1 million in Q1 2025, and down 3.64% quarter-over-quarter from $4.0 million in Q4 2025.
Bimini Capital Management (BMNM) Operating Expenses (2010 - 2026) Analysis & Trends
Bimini Capital Management has reported Operating Expenses for 17 years, with the latest figure at $3.9 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 27.35% year-over-year to $3.9 million; the trailing twelve-month figure through Mar 2026 stood at $14.0 million (up 19.7% YoY), and the FY2025 full-year result was $13.2 million, up 9.45% from the prior year.
- Operating Expenses for Q1 2026 stood at $3.9 million, down from $4.0 million in the prior quarter.
- The five-year high for Operating Expenses was $4.0 million in Q4 2025, with the low at $2.2 million in Q1 2022.
- Historically, Operating Expenses has averaged $3.0 million across 5 years, with a median of $3.0 million in 2024.
- Annual changes were most pronounced in 2024 — Operating Expenses dropped 26.27% — and 2025, when it surged 36.37%.
- Bimini Capital Management's Operating Expenses stood at $3.8 million in 2022, then advanced by 6.45% to $4.0 million in 2023, then fell by 26.27% to $3.0 million in 2024, then jumped by 36.37% to $4.0 million in 2025, then retreated by 3.64% to $3.9 million in 2026.
- The last three Operating Expenses figures came in at $3.9 million (Q1 2026), $4.0 million (Q4 2025), and $3.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 160.20 Bn | 150.57 Bn | - | 3.88 Bn |
| 2 | Blackstone | 96.40 Bn | 95.35 Bn | - | 2.26 Bn |
| 3 | Kkr | 85.87 Bn | 133.39 Bn | - | 3.87 Bn |
| 4 | Apollo Global Management | 79.90 Bn | 98.63 Bn | 5.04 Bn | 4.68 Bn |
| 5 | State Street | 46.62 Bn | 20.95 Bn | - | 2.81 Bn |
| 6 | Ameriprise Financial | 42.78 Bn | 42.65 Bn | 4.57 Bn | 3.67 Bn |
| 7 | Northern Trust | 32.35 Bn | 32.35 Bn | - | 1.51 Bn |
| 8 | Ares Management | 30.25 Bn | 33.62 Bn | - | 1.17 Bn |
| 9 | Raymond James Financial | 30.24 Bn | 18.99 Bn | - | 3.12 Bn |
| 10 | Bimini Capital Management | - | - | - | 3.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.90 Mn |
| Dec 31, 2025 | 4.05 Mn |
| Sep 30, 2025 | 3.11 Mn |
| Jun 30, 2025 | 2.98 Mn |
| Mar 31, 2025 | 3.06 Mn |
| Dec 31, 2024 | 2.97 Mn |
| Sep 30, 2024 | 2.76 Mn |
| Jun 30, 2024 | 2.94 Mn |
| Mar 31, 2024 | 3.40 Mn |
| Dec 31, 2023 | 4.03 Mn |
| Sep 30, 2023 | 2.30 Mn |
| Jun 30, 2023 | 2.41 Mn |
| Mar 31, 2023 | 2.51 Mn |
| Dec 31, 2022 | 3.78 Mn |
| Sep 30, 2022 | 2.27 Mn |
| Jun 30, 2022 | 2.30 Mn |
| Mar 31, 2022 | 2.16 Mn |
| Dec 31, 2021 | 3.50 Mn |
| Sep 30, 2021 | 1.95 Mn |
| Jun 30, 2021 | 2.06 Mn |