Investcorp Credit Management BDC (ICMB) Operating Expenses (2021 - 2026)
Investcorp Credit Management BDC (ICMB) posted Operating Expenses of $3.7 million for Q1 2026, down 12.57% sequentially from $4.2 million in Q4 2025, and little changed YoY from $3.7 million in Q1 2025.
Investcorp Credit Management BDC (ICMB) Operating Expenses (2021 - 2026) Analysis & Trends
Investcorp Credit Management BDC has reported Operating Expenses for 6 years, with the latest figure at $3.7 million in Q1 2026.
- Quarterly Operating Expenses changed 0.09% year-over-year to $3.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $11.8 million (down 52.51% YoY) and the FY2025 annual result came in at $15.4 million, up 85.61% from the prior year.
- Operating Expenses slipped to $3.7 million in Q1 2026 per ICMB's latest filing, from $4.2 million in the prior quarter.
- Over five years, Operating Expenses peaked at $12.8 million in Q3 2024 and troughed at $3.3 million in Q2 2022.
- A 5-year average of $5.0 million and a median of $4.4 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses soared 194.54% in 2024, then sank 69.69% in 2025.
- Over 5 years, Operating Expenses stood at $4.4 million in 2022, then increased by 7.77% to $4.8 million in 2023, then soared by 168.71% to $12.8 million in 2024, then slumped by 67.19% to $4.2 million in 2025, then dropped by 12.57% to $3.7 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $3.7 million, $4.2 million, and $3.9 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 | Investcorp Credit Management BDC | 12.12 Mn | 1.18 Mn | - | 4.36 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.36 Mn |
| Mar 31, 2026 | 3.68 Mn |
| Dec 31, 2025 | 4.21 Mn |
| Sep 30, 2025 | 3.89 Mn |
| Mar 31, 2025 | 3.68 Mn |
| Sep 30, 2024 | 12.83 Mn |
| Jun 30, 2024 | 8.29 Mn |
| Mar 31, 2024 | 4.43 Mn |
| Dec 31, 2023 | 4.78 Mn |
| Sep 30, 2023 | 4.36 Mn |
| Jun 30, 2023 | 4.50 Mn |
| Mar 31, 2023 | 4.46 Mn |
| Dec 31, 2022 | 4.43 Mn |
| Sep 30, 2022 | 4.06 Mn |
| Jun 30, 2022 | 3.32 Mn |
| Mar 31, 2022 | 4.12 Mn |
| Dec 31, 2021 | 4.21 Mn |