Franklin BSP Capital (FRBP) Operating Expenses (2022 - 2026)
Franklin BSP Capital (FRBP) recorded quarterly Operating Expenses of $61.5 million in Q1 2026, down 2.98% quarter-over-quarter from $63.4 million in Q4 2025, and down 1.15% on a YoY basis from $62.2 million in Q1 2025.
Franklin BSP Capital (FRBP) Operating Expenses (2022 - 2026) Analysis & Trends
Franklin BSP Capital's Operating Expenses history runs 5 years deep, the most recent figure standing at $61.5 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 1.15% year-over-year to $61.5 million; the TTM figure through Mar 2026 stood at $250.5 million (up 4.54% YoY), while the FY2025 annual figure was $251.2 million, up 12.22% from the prior year.
- Operating Expenses was $61.5 million for Q1 2026 at Franklin BSP Capital, down from $63.4 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $63.4 million in Q4 2025 to a low of $4.5 million in Q4 2023.
- Historically, Operating Expenses has averaged $35.3 million across 5 years, with a median of $46.5 million in 2024.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses decreased 25.49% in 2023, then jumped 1268.3% in 2024.
- A 5-year view of Operating Expenses shows it stood at $6.0 million in 2022, then retreated by 25.49% to $4.5 million in 2023, then surged by 1268.3% to $61.4 million in 2024, then grew by 3.24% to $63.4 million in 2025, then fell by 2.98% to $61.5 million in 2026.
- The last three Operating Expenses figures came in at $61.5 million (Q1 2026), $63.4 million (Q4 2025), and $62.8 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 | Franklin BSP Capital | - | - | - | 61.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 61.52 Mn |
| Dec 31, 2025 | 63.41 Mn |
| Sep 30, 2025 | 62.84 Mn |
| Jun 30, 2025 | 62.74 Mn |
| Mar 31, 2025 | 62.24 Mn |
| Dec 31, 2024 | 61.42 Mn |
| Sep 30, 2024 | 60.91 Mn |
| Jun 30, 2024 | 55.06 Mn |
| Mar 31, 2024 | 46.49 Mn |
| Dec 31, 2023 | 4.49 Mn |
| Sep 30, 2023 | 12.28 Mn |
| Jun 30, 2023 | 12.04 Mn |
| Mar 31, 2023 | 11.96 Mn |
| Dec 31, 2022 | 6.03 Mn |
| Sep 30, 2022 | 7.29 Mn |
| Jun 30, 2022 | 4.88 Mn |
| Mar 31, 2022 | 4.56 Mn |