Great Elm Capital (GECC) Operating Expenses (2021 - 2026)
Great Elm Capital (GECC) posted Operating Expenses of $4.5 million for Q1 2026, down 43.87% sequentially from $8.0 million in Q4 2025, and down 43.06% YoY from $7.9 million in Q1 2025.
Great Elm Capital (GECC) Operating Expenses (2021 - 2026) Analysis & Trends
Great Elm Capital has reported Operating Expenses for 6 years, with the latest figure at $4.5 million in Q1 2026.
- Quarterly Operating Expenses fell 43.06% year-over-year to $4.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $28.7 million (up 84.0% YoY) and the FY2025 annual result came in at $32.1 million, up 20.99% from the prior year.
- Operating Expenses slipped to $4.5 million in Q1 2026 per GECC's latest filing, from $8.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $8.3 million in Q2 2025 and troughed at -$497000.0 in Q1 2022.
- A 5-year average of $4.8 million and a median of $5.6 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses tumbled 99.41% in 2024, then soared 25066.67% in 2025.
- Over 5 years, Operating Expenses stood at $85000.0 in 2022, then soared by 6557.65% to $5.7 million in 2023, then sank by 97.54% to $139000.0 in 2024, then surged by 5628.78% to $8.0 million in 2025, then sank by 43.87% to $4.5 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $4.5 million, $8.0 million, and $8.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 176.99 Bn | 163.12 Bn | - | 4.62 Bn |
| 2 | Blackstone | 113.16 Bn | 110.65 Bn | - | 2.38 Bn |
| 3 | Kkr | 96.05 Bn | -181.02 Bn | - | 5.41 Bn |
| 4 | Brookfield | 92.54 Bn | 45.14 Bn | - | 14.94 Bn |
| 5 | Brookfield Asset Management | 82.31 Bn | 80.81 Bn | - | 659.00 Mn |
| 6 | Apollo Global Management | 77.14 Bn | 51.77 Bn | 10.54 Bn | 8.74 Bn |
| 7 | State Street | 50.64 Bn | 50.64 Bn | - | 2.66 Bn |
| 8 | Ameriprise Financial | 50.31 Bn | 39.27 Bn | 4.72 Bn | 3.50 Bn |
| 9 | Northern Trust | 33.61 Bn | 33.61 Bn | - | 1.64 Bn |
| 10 | Great Elm Capital | 83.34 Mn | -146.62 Mn | - | 7.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.21 Mn |
| Mar 31, 2026 | 4.47 Mn |
| Dec 31, 2025 | 7.96 Mn |
| Sep 30, 2025 | 7.97 Mn |
| Jun 30, 2025 | 8.31 Mn |
| Mar 31, 2025 | 7.85 Mn |
| Dec 31, 2024 | 139,000.00 |
| Sep 30, 2024 | 7.58 Mn |
| Jun 30, 2024 | 33,000.00 |
| Mar 31, 2024 | 5.71 Mn |
| Dec 31, 2023 | 5.66 Mn |
| Sep 30, 2023 | 6.19 Mn |
| Jun 30, 2023 | 5.61 Mn |
| Mar 31, 2023 | 5.54 Mn |
| Dec 31, 2022 | 85,000.00 |
| Sep 30, 2022 | 4.95 Mn |
| Jun 30, 2022 | 4.33 Mn |
| Mar 31, 2022 | -497,000.00 |
| Dec 31, 2021 | -800,000.00 |
| Sep 30, 2021 | 5.80 Mn |