Crescent Capital BDC (CCAP) Operating Expenses (2021 - 2026)
Crescent Capital BDC (CCAP) reported Operating Expenses of $23.3 million for Q1 2026, down 7.07% on a YoY basis from $25.1 million in Q1 2025, and down 2.42% quarter-over-quarter from $23.9 million in Q4 2025.
Crescent Capital BDC (CCAP) Operating Expenses (2021 - 2026) Analysis & Trends
Crescent Capital BDC has reported Operating Expenses for 6 years, with the latest figure at $23.3 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 7.07% year-over-year to $23.3 million; the trailing twelve-month figure through Mar 2026 stood at $97.1 million (down 7.87% YoY), and the FY2025 full-year result was $98.8 million, down 7.67% from the prior year.
- Operating Expenses for Q1 2026 stood at $23.3 million, down from $23.9 million in the prior quarter.
- The five-year high for Operating Expenses was $27.5 million in Q3 2024, with the low at $11.4 million in Q2 2022.
- Historically, Operating Expenses has averaged $22.8 million across 5 years, with a median of $25.1 million in 2025.
- Annual changes were most pronounced in 2023 — Operating Expenses jumped 127.15% — and 2025, when it fell 12.27%.
- Crescent Capital BDC's Operating Expenses stood at $18.5 million in 2022, then soared by 45.33% to $26.9 million in 2023, then dropped by 3.65% to $25.9 million in 2024, then slipped by 7.86% to $23.9 million in 2025, then decreased by 2.42% to $23.3 million in 2026.
- The last three Operating Expenses figures came in at $23.3 million (Q1 2026), $23.9 million (Q4 2025), and $24.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 3.88 Bn |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 2.26 Bn |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 3.87 Bn |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 4.68 Bn |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 2.81 Bn |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 3.67 Bn |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 1.51 Bn |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 3.12 Bn |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 1.17 Bn |
| 10 | Crescent Capital BDC | 459.72 Mn | 454.68 Mn | - | 23.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.29 Mn |
| Dec 31, 2025 | 23.87 Mn |
| Sep 30, 2025 | 24.17 Mn |
| Jun 30, 2025 | 25.74 Mn |
| Mar 31, 2025 | 25.06 Mn |
| Dec 31, 2024 | 25.90 Mn |
| Sep 30, 2024 | 27.54 Mn |
| Jun 30, 2024 | 26.85 Mn |
| Mar 31, 2024 | 26.75 Mn |
| Dec 31, 2023 | 26.88 Mn |
| Sep 30, 2023 | 26.20 Mn |
| Jun 30, 2023 | 25.95 Mn |
| Mar 31, 2023 | 21.72 Mn |
| Dec 31, 2022 | 18.50 Mn |
| Sep 30, 2022 | 13.49 Mn |
| Jun 30, 2022 | 11.42 Mn |
| Mar 31, 2022 | 14.19 Mn |
| Dec 31, 2021 | 12.73 Mn |
| Sep 30, 2021 | 13.99 Mn |