Kayne Anderson BDC KBDC
NYSE KBDC
$13.08 -0.11 (-0.83%)
As of: Sep 9, 2026 · 3:59 PM EDT

Kayne Anderson BDC (KBDC) Operating Expenses (2021 - 2026)

Kayne Anderson BDC's (KBDC) quarterly Operating Expenses came in at $28.1 million in Q2 2026, down 4.2% year-over-year from $29.4 million in Q2 2025, and down 1.01% quarter-over-quarter from $28.4 million in Q1 2026.

Analysis

Kayne Anderson BDC (KBDC) Operating Expenses (2021 - 2026) Analysis & Trends

Kayne Anderson BDC (KBDC) has reported Operating Expenses for 6 consecutive years, with $28.1 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses fell 4.2% year-over-year to $28.1 million in Q2 2026; TTM through Jun 2026 was $119.7 million, a 5.56% increase from a year earlier, with the FY2025 full-year figure at $120.3 million, up 18.44% from the prior year.
  • Operating Expenses was $28.1 million for Q2 2026 at Kayne Anderson BDC, down from $28.4 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $31.8 million in Q4 2025 and troughed at $5.7 million in Q1 2022.
  • A 5-year average of $21.6 million and a median of $22.7 million in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses surged 365.09% in 2022 and dropped 4.2% in 2026, its largest moves.
  • Over 5 years, Operating Expenses stood at $13.9 million in 2022, then jumped by 46.23% to $20.3 million in 2023, then jumped by 41.44% to $28.7 million in 2024, then rose by 10.91% to $31.8 million in 2025, then dropped by 11.47% to $28.1 million in 2026.
  • The last three Operating Expenses figures came in at $28.1 million (Q2 2026), $28.4 million (Q1 2026), and $31.8 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Ares Capital 14.39 Bn 14.01 Bn - 401.00 Mn
2 Blackstone Secured Lending Fund 5.76 Bn 5.49 Bn - 142.27 Mn
3 Blue Owl Capital 5.62 Bn 5.38 Bn - 224.46 Mn
4 Main Street Capital 5.39 Bn 5.33 Bn - 55.78 Mn
5 Blue Owl Technology Finance 5.20 Bn 4.99 Bn - 198.97 Mn
6 Hercules Capital 4.68 Bn 4.64 Bn - 61.10 Mn
7 FS KKR Capital 3.48 Bn 3.37 Bn - 179.00 Mn
8 Golub Capital Bdc 3.38 Bn 3.34 Bn - 102.51 Mn
9 PennantPark Floating Rate Capital 2.47 Bn -134.94 Mn - 40.19 Mn
10 Kayne Anderson BDC 890.61 Mn 890.61 Mn - 28.14 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 28.14 Mn
Mar 31, 2026 28.43 Mn
Dec 31, 2025 31.79 Mn
Sep 30, 2025 31.33 Mn
Jun 30, 2025 29.38 Mn
Mar 31, 2025 27.79 Mn
Dec 31, 2024 28.66 Mn
Sep 30, 2024 27.56 Mn
Jun 30, 2024 22.64 Mn
Mar 31, 2024 22.69 Mn
Dec 31, 2023 20.26 Mn
Sep 30, 2023 19.83 Mn
Jun 30, 2023 19.01 Mn
Mar 31, 2023 17.08 Mn
Dec 31, 2022 13.86 Mn
Sep 30, 2022 9.26 Mn
Jun 30, 2022 5.85 Mn
Mar 31, 2022 5.68 Mn
Dec 31, 2021 3.67 Mn
Sep 30, 2021 1.99 Mn