CION Investment (CICB) Operating Expenses (2021 - 2026)
CION Investment's (CICB) quarterly Operating Expenses came in at $35.6 million in Q2 2026, up 0.87% on a YoY basis from $35.3 million in Q2 2025, and down 2.64% quarter-over-quarter from $36.6 million in Q1 2026.
Analysis
CION Investment (CICB) Operating Expenses (2021 - 2026) Analysis & Trends
CION Investment (CICB) has reported Operating Expenses for 6 consecutive years, with $35.6 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 0.87% year-over-year to $35.6 million; the trailing twelve-month figure through Jun 2026 stood at $147.9 million (down 0.88% YoY), and the FY2025 full-year result was $147.9 million, down 5.5% from the prior year.
- Operating Expenses fell to $35.6 million in Q2 2026 per CICB's latest filing, from $36.6 million in the prior quarter.
- Across five years, Operating Expenses topped out at $41.0 million in Q1 2024 and bottomed at $22.2 million in Q1 2022.
- Historically, Operating Expenses has averaged $34.9 million across 5 years, with a median of $36.1 million in 2026.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses surged 58.24% in 2023, then fell 10.09% in 2025.
- Over 5 years, Operating Expenses stood at $31.3 million in 2022, then climbed by 22.08% to $38.2 million in 2023, then increased by 2.38% to $39.1 million in 2024, then fell by 9.2% to $35.5 million in 2025, then climbed by 0.35% to $35.6 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $35.6 million, $36.6 million, and $35.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.14 Bn | 13.76 Bn | - | 401.00 Mn |
| 2 | Blackstone Secured Lending Fund | 5.70 Bn | 5.44 Bn | - | 142.27 Mn |
| 3 | Blue Owl Capital | 5.54 Bn | 5.30 Bn | - | 224.46 Mn |
| 4 | Main Street Capital | 5.29 Bn | 5.23 Bn | - | 55.78 Mn |
| 5 | Blue Owl Technology Finance | 5.08 Bn | 4.87 Bn | - | 198.97 Mn |
| 6 | Hercules Capital | 4.65 Bn | 4.60 Bn | - | 61.10 Mn |
| 7 | FS KKR Capital | 3.42 Bn | 3.31 Bn | - | 179.00 Mn |
| 8 | Golub Capital Bdc | 3.32 Bn | 3.27 Bn | - | 102.51 Mn |
| 9 | PennantPark Floating Rate Capital | 2.48 Bn | -127.01 Mn | - | 40.19 Mn |
| 10 | CION Investment | 1.25 Bn | 1.25 Bn | - | 35.62 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 35.62 Mn |
| Mar 31, 2026 | 36.58 Mn |
| Dec 31, 2025 | 35.49 Mn |
| Sep 30, 2025 | 40.24 Mn |
| Jun 30, 2025 | 35.31 Mn |
| Mar 31, 2025 | 36.82 Mn |
| Dec 31, 2024 | 39.09 Mn |
| Sep 30, 2024 | 38.03 Mn |
| Jun 30, 2024 | 38.39 Mn |
| Mar 31, 2024 | 40.96 Mn |
| Dec 31, 2023 | 38.18 Mn |
| Sep 30, 2023 | 37.79 Mn |
| Jun 30, 2023 | 34.96 Mn |
| Mar 31, 2023 | 35.11 Mn |
| Dec 31, 2022 | 31.28 Mn |
| Sep 30, 2022 | 28.59 Mn |
| Jun 30, 2022 | 24.26 Mn |
| Mar 31, 2022 | 22.19 Mn |
| Dec 31, 2021 | 21.69 Mn |
| Sep 30, 2021 | 22.98 Mn |