Equus Total Return (EQS) Operating Expenses (2021 - 2025)
Equus Total Return (EQS) posted Operating Expenses of $894000.0 for Q4 2025, down 48.97% on a QoQ basis from $1.8 million in Q3 2025, and down 9.51% year-over-year from $988000.0 in Q4 2024.
Equus Total Return (EQS) Operating Expenses (2021 - 2025) Analysis & Trends
Equus Total Return's Operating Expenses history runs 5 years deep, the most recent figure standing at $894000.0 for Q4 2025.
- Quarterly Operating Expenses fell 9.51% year-over-year to $894000.0 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $5.1 million (up 10.29% YoY) and the FY2025 annual result came in at $5.1 million, up 10.29% from the prior year.
- Operating Expenses was $894000.0 for Q4 2025 at Equus Total Return, 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.
- A 5-year average of $1.1 million and a median of $991000.0 in 2022 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2023 — Operating Expenses surged 87.63% — and 2024, when it plunged 47.02%.
- Equus Total Return's Operating Expenses stood at $920000.0 in 2021, then advanced by 8.04% to $994000.0 in 2022, then soared by 87.63% to $1.9 million in 2023, then slumped by 47.02% to $988000.0 in 2024, then decreased by 9.51% to $894000.0 in 2025.
- Business Quant data shows EQS's Operating Expenses at $894000.0 in Q4 2025, $1.8 million in Q3 2025, and $967000.0 in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | -14.14 Bn |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 3.88 Bn |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | 2.26 Bn |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | 4.68 Bn |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | 2.81 Bn |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 3.67 Bn |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | 1.51 Bn |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 3.12 Bn |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 1.18 Bn |
| 10 | Equus Total Return | 15.21 Mn | 12.08 Mn | 279,000.00 | 894,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 894,000.00 |
| Sep 30, 2025 | 1.75 Mn |
| Jun 30, 2025 | 967,000.00 |
| 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 |