Innventure (INVLW) 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 - - -7.56 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