Innventure (INV) Operating Expenses (2023 - 2025)
Innventure recorded quarterly Operating Expenses of $429.2 million in Q4 2025, up 1343.27% quarter-over-quarter from $29.7 million in Q3 2025.
Innventure's Operating Expenses history runs 3 years deep, the most recent figure standing at $429.2 million for Q4 2025.
- In Q4 2025, Operating Expenses changed N/A year-over-year to $429.2 million; the TTM figure through Dec 2025 stood at $863.4 million (up 2281.47% YoY), while the FY2025 annual figure was $466.8 million, up 1045.33% from the prior year.
- Operating Expenses came in at $429.2 million for Q4 2025 at Innventure, up from $29.7 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $429.2 million in Q4 2025 to a low of $6.0 million in Q3 2023.
- A 3-year average of $101.8 million and a median of $14.0 million in 2024 frame the typical range for Operating Expenses.
- On a YoY basis, Operating Expenses climbed as much as 2330.48% in 2025 and fell as far as 112.56% in 2025.
- Innventure's Operating Expenses stood at $10.2 million in 2023, then surged by 37.25% to $14.0 million in 2024, then jumped by 2967.79% to $429.2 million in 2025.
- According to Business Quant data, Operating Expenses over the past three periods registered $429.2 million, $29.7 million, and $143.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 3.88 Bn |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 2.26 Bn |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 3.87 Bn |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 733.00 Mn |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 4.68 Bn |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 2.81 Bn |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 3.67 Bn |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 1.51 Bn |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 1.17 Bn |
| 10 | Innventure | 318.36 Mn | 597.82 Mn | -7.56 Mn | 429.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 429.21 Mn |
| Sep 30, 2025 | 29.74 Mn |
| Jun 30, 2025 | 143.05 Mn |
| Mar 31, 2025 | 261.42 Mn |
| Sep 30, 2024 | 13.99 Mn |
| Jun 30, 2024 | 11.51 Mn |
| Mar 31, 2024 | 10.76 Mn |
| Dec 31, 2023 | 10.19 Mn |
| Sep 30, 2023 | 5.99 Mn |