Equus Total Return (EQS) Operating Expenses (2021 - 2025)

Equus Total Return posted quarterly Operating Expenses of $894000.0 for Q4 2025, down 9.51% year-on-year from $988000.0 in Q4 2024, and down 48.97% on a QoQ basis from $1.8 million in Q3 2025.

Equus Total Return (EQS) has 5 years of Operating Expenses data on file, last reported at $894000.0 in Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses fell 9.51% year-over-year to $894000.0; the trailing twelve-month figure through Dec 2025 stood at $4.1 million (down 10.79% YoY), and the FY2025 full-year result was $5.1 million, up 10.29% from the prior year.
  • Operating Expenses for Q4 2025 stood at $894000.0, down from $1.8 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $1.9 million in Q4 2023 and bottomed at $751000.0 in Q2 2021.
  • The 5-year median for Operating Expenses is $994000.0 (2022), against an average of $1.1 million.
  • The widest annual swing landed in 2023, when Operating Expenses surged 87.63%; it then tumbled 47.02% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $920000.0 in 2021, then gained by 8.04% to $994000.0 in 2022, then surged by 87.63% to $1.9 million in 2023, then tumbled by 47.02% to $988000.0 in 2024, then retreated by 9.51% to $894000.0 in 2025.
  • The last three Operating Expenses figures came in at $894000.0 (Q4 2025), $1.8 million (Q3 2025), and $1.4 million (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 3.88 Bn
2 Blackstone 92.68 Bn 91.63 Bn - 2.26 Bn
3 Kkr 84.94 Bn 132.45 Bn - 3.87 Bn
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 733.00 Mn
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 4.68 Bn
6 State Street 44.42 Bn 18.75 Bn - 2.81 Bn
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 3.67 Bn
8 Northern Trust 31.21 Bn 31.21 Bn - 1.51 Bn
9 Ares Management 28.85 Bn 32.22 Bn - 1.17 Bn
10 Equus Total Return 20.28 Mn 9.68 Mn 244,000.00 894,000.00

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 894,000.00
Sep 30, 2025 1.75 Mn
Mar 31, 2025 1.45 Mn
Dec 31, 2024 988,000.00
Sep 30, 2024 1.02 Mn
Jun 30, 2024 1.21 Mn
Mar 31, 2024 1.37 Mn
Dec 31, 2023 1.87 Mn
Sep 30, 2023 1.18 Mn
Jun 30, 2023 876,000.00
Mar 31, 2023 1.14 Mn
Dec 31, 2022 994,000.00
Sep 30, 2022 925,000.00
Jun 30, 2022 780,000.00
Mar 31, 2022 930,000.00
Dec 31, 2021 920,000.00
Sep 30, 2021 757,000.00
Jun 30, 2021 751,000.00
Mar 31, 2021 1.03 Mn