Chicago Atlantic BDC (LIEN) Operating Expenses (2022 - 2026)
Chicago Atlantic BDC (LIEN) posted Operating Expenses of $6.32 million for Q2 2026, up 16.7% from $5.42 million a year earlier.
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Analysis
Chicago Atlantic BDC (LIEN) Operating Expenses (2022 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Chicago Atlantic BDC was $23.27 million, up 32.9% year-over-year; for FY2025, it was $21.23 million, up 73.8% from FY2024.
- Annual Operating Expenses shows a three-year compound annual growth rate of 301.5% (FY2022 to FY2025).
- In prior years, Chicago Atlantic BDC's Operating Expenses was $12.21 million in FY2024 (+130.3%), $5.3 million in FY2023 and $328,002 in FY2022.
- The Q2 2026 figure stands as the highest quarterly Operating Expenses in data going back to Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 2.50 Bn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 4.66 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 541.02 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 2.07 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 1.02 Bn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 1.33 Bn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 173.18 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 58.19 Mn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Chicago Atlantic BDC | 217.71 Mn | 189.52 Mn | - | 6.32 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.32 Mn |
| Dec 31, 2025 | 5.96 Mn |
| Sep 30, 2025 | 5.58 Mn |
| Jun 30, 2025 | 5.42 Mn |
| Mar 31, 2025 | 4.27 Mn |
| Dec 31, 2024 | 4.66 Mn |
| Sep 30, 2024 | 3.16 Mn |
| Jun 30, 2024 | 1.56 Mn |
| Mar 31, 2024 | 2.84 Mn |
| Mar 31, 2022 | 34,168.00 |
API Access
Chicago Atlantic BDC Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=LIEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "LIEN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=LIEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();