Innventure (INV) Operating Expenses (2023 - 2025)

Innventure (INV) reported Operating Expenses of $429.2 million for Q4 2025, up 1343.27% sequentially from $29.7 million in Q3 2025.

Innventure (INV) Operating Expenses (2023 - 2025) Analysis & Trends

Innventure (INV) has 3 years of Operating Expenses data on file, last reported at $429.2 million in Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses changed N/A year-over-year to $429.2 million; the trailing twelve-month figure through Dec 2025 stood at $863.4 million (up 2281.47% YoY), and the FY2025 full-year result was $466.8 million, up 1045.33% from the prior year.
  • Operating Expenses improved to $429.2 million in Q4 2025, 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.
  • Peak annual rise in Operating Expenses reached 2330.48% in 2025, while the deepest fall reached 112.56% in 2025.
  • Tracing INV's Operating Expenses over 3 years: stood at $10.2 million in 2023, then soared by 37.25% to $14.0 million in 2024, then surged by 2967.79% to $429.2 million in 2025.
  • Business Quant data shows INV's Operating Expenses at $429.2 million in Q4 2025, $29.7 million in Q3 2025, and $143.0 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -14.14 Bn
2 BlackRock 161.01 Bn 148.08 Bn - 3.88 Bn
3 Blackstone 97.77 Bn 96.72 Bn - 2.26 Bn
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 4.68 Bn
5 State Street 51.30 Bn 51.30 Bn - 2.81 Bn
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 3.67 Bn
7 Northern Trust 32.93 Bn 32.93 Bn - 1.51 Bn
8 Raymond James Financial 32.59 Bn 17.67 Bn - 3.12 Bn
9 Price T Rowe 24.70 Bn 21.13 Bn - 1.18 Bn
10 Innventure 162.17 Mn 441.64 Mn -16.76 Mn 429.21 Mn

Historic Data

Download Data
DateValue
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