Burford Capital (BUR) Operating Expenses (2024 - 2026)
Burford Capital's (BUR) quarterly Operating Expenses came in at $47.4 million in Q2 2026, down 3.31% year-over-year from $49.1 million in Q2 2025, and up 131.61% quarter-over-quarter from -$150.1 million in Q1 2026.
Analysis
Burford Capital (BUR) Operating Expenses (2024 - 2026) Analysis & Trends
Burford Capital (BUR) has reported Operating Expenses for 3 consecutive years, with $47.4 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses fell 3.31% year-over-year to $47.4 million in Q2 2026; TTM through Jun 2026 was -$11.6 million, a 106.52% decrease from a year earlier, with the FY2025 full-year figure at $181.2 million, up 16.57% from the prior year.
- Operating Expenses was $47.4 million for Q2 2026 at Burford Capital, up from -$150.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $49.1 million in Q2 2025 and troughed at -$150.1 million in Q1 2026.
- A 3-year average of $23.4 million and a median of $43.1 million in 2025 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses surged 36.38% in 2025 and plunged 465.19% in 2026, its largest moves.
- Over 3 years, Operating Expenses stood at $40.3 million in 2024, then advanced by 14.3% to $46.1 million in 2025, then climbed by 2.98% to $47.4 million in 2026.
- The last three Operating Expenses figures came in at $47.4 million (Q2 2026), -$150.1 million (Q1 2026), and $46.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 44.91 Bn | 45.24 Bn | 4.68 Bn | 4.66 Bn |
| 2 | Royalty Pharma | 36.78 Bn | 38.89 Bn | - | 541.02 Mn |
| 3 | Royal Gold | 22.19 Bn | 22.06 Bn | 390.45 Mn | 173.18 Mn |
| 4 | OR Royalties | 6.98 Bn | 6.91 Bn | 82.22 Mn | -19.41 Mn |
| 5 | Encore Capital | 2.06 Bn | 1.88 Bn | 455.04 Mn | 304.97 Mn |
| 6 | Atlanticus Holdings | 1.41 Bn | 853.17 Mn | 686.46 Mn | 157.57 Mn |
| 7 | Jefferson Capital | 1.23 Bn | 1.21 Bn | - | 95.35 Mn |
| 8 | Upbound | 1.11 Bn | 1.00 Bn | 594.84 Mn | 540.58 Mn |
| 9 | Lufax Holding | 1.08 Bn | -1.19 Bn | - | -1.02 Bn |
| 10 | Burford Capital | 957.39 Mn | 1.61 Bn | - | 47.44 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 47.44 Mn |
| Mar 31, 2026 | -150.10 Mn |
| Dec 31, 2025 | 46.07 Mn |
| Sep 30, 2025 | 45.02 Mn |
| Jun 30, 2025 | 49.07 Mn |
| Mar 31, 2025 | 41.10 Mn |
| Dec 31, 2024 | 40.30 Mn |
| Sep 30, 2024 | 46.89 Mn |
| Jun 30, 2024 | 38.15 Mn |
| Mar 31, 2024 | 30.14 Mn |