Great Elm Capital (GECC) Operating Expenses (2021 - 2026)
Great Elm Capital's (GECC) quarterly Operating Expenses came in at $7.2 million in Q2 2026, down 13.17% year-over-year from $8.3 million in Q2 2025, and down 0.95% quarter-over-quarter from $7.3 million in Q1 2026.
Analysis
Great Elm Capital (GECC) Operating Expenses (2021 - 2026) Analysis & Trends
Great Elm Capital has disclosed Operating Expenses across 6 years of filings, most recently posting $7.2 million for Q2 2026.
- In Q2 2026, Operating Expenses fell 13.17% year-over-year to $7.2 million; the TTM figure through Jun 2026 stood at $30.4 million (up 27.43% YoY), while the FY2025 annual figure was $32.1 million, up 20.99% from the prior year.
- Operating Expenses came in at $7.2 million for Q2 2026 at Great Elm Capital, down from $7.3 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $8.3 million in Q2 2025 to a low of $139000.0 in Q4 2024.
- Average Operating Expenses over 5 years is $6.0 million, with a median of $5.9 million recorded in 2023.
- Year-over-year, Operating Expenses slumped 97.54% in 2024 and soared 5628.78% in 2025.
- Over 5 years, Operating Expenses stood at $4.9 million in 2022, then rose by 14.58% to $5.7 million in 2023, then tumbled by 97.54% to $139000.0 in 2024, then soared by 5628.78% to $8.0 million in 2025, then decreased by 9.44% to $7.2 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $7.2 million in Q2 2026, $7.3 million in Q1 2026, and $8.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.39 Bn | 14.01 Bn | - | 401.00 Mn |
| 2 | Blackstone Secured Lending Fund | 5.76 Bn | 5.49 Bn | - | 142.27 Mn |
| 3 | Blue Owl Capital | 5.62 Bn | 5.38 Bn | - | 224.46 Mn |
| 4 | Main Street Capital | 5.39 Bn | 5.33 Bn | - | 55.78 Mn |
| 5 | Blue Owl Technology Finance | 5.20 Bn | 4.99 Bn | - | 198.97 Mn |
| 6 | Hercules Capital | 4.68 Bn | 4.64 Bn | - | 61.10 Mn |
| 7 | FS KKR Capital | 3.48 Bn | 3.37 Bn | - | 179.00 Mn |
| 8 | Golub Capital Bdc | 3.38 Bn | 3.34 Bn | - | 102.51 Mn |
| 9 | PennantPark Floating Rate Capital | 2.47 Bn | -134.94 Mn | - | 40.19 Mn |
| 10 | Great Elm Capital | 83.34 Mn | -146.62 Mn | - | 7.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.21 Mn |
| Mar 31, 2026 | 7.28 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 | 6.49 Mn |
| 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 | 4.94 Mn |
| Sep 30, 2022 | 4.95 Mn |
| Jun 30, 2022 | 4.33 Mn |
| Mar 31, 2022 | 4.36 Mn |
| Dec 31, 2021 | -800,000.00 |
| Sep 30, 2021 | 5.80 Mn |