Equus Total Return (EQS) Operating Expenses (2021 - 2025)
Equus Total Return's (EQS) quarterly Operating Expenses came in at $894000.0 in Q4 2025, down 9.51% YoY 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) Operating Expenses (2021 - 2025) Analysis & Trends
Equus Total Return (EQS) has 5 years of Operating Expenses data on file, last reported at $894000.0 in 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 slipped to $894000.0 in Q4 2025, from $1.8 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $1.9 million in Q4 2023 to a low of $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 sank 47.02%.
- Tracing EQS's Operating Expenses over 5 years: stood at $920000.0 in 2021, then rose by 8.04% to $994000.0 in 2022, then jumped by 87.63% to $1.9 million in 2023, then plunged by 47.02% to $988000.0 in 2024, then fell 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 $967000.0 (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.70 Bn | 165.83 Bn | - | 4.62 Bn |
| 2 | Blackstone | 115.90 Bn | 113.40 Bn | - | 2.38 Bn |
| 3 | Kkr | 97.92 Bn | -179.15 Bn | - | 5.41 Bn |
| 4 | Brookfield | 93.87 Bn | 46.47 Bn | - | 14.94 Bn |
| 5 | Brookfield Asset Management | 84.05 Bn | 82.55 Bn | - | 659.00 Mn |
| 6 | Apollo Global Management | 79.25 Bn | 53.88 Bn | 10.54 Bn | 8.74 Bn |
| 7 | State Street | 51.57 Bn | 51.57 Bn | - | 2.66 Bn |
| 8 | Ameriprise Financial | 51.53 Bn | 40.49 Bn | 4.72 Bn | 3.50 Bn |
| 9 | Northern Trust | 34.15 Bn | 34.15 Bn | - | 1.64 Bn |
| 10 | Equus Total Return | 14.87 Mn | 11.74 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 |