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| 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 |