Main Street Capital (MAIN) Operating Expenses (2021 - 2026)
Main Street Capital (MAIN) recorded quarterly Operating Expenses of $52.3 million in Q1 2026, up 1.56% quarter-over-quarter from $51.5 million in Q4 2025, and up 10.64% on a YoY basis from $47.2 million in Q1 2025.
Main Street Capital (MAIN) Operating Expenses (2021 - 2026) Analysis & Trends
Main Street Capital's Operating Expenses history runs 6 years deep, the most recent figure standing at $52.3 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 10.64% year-over-year to $52.3 million; the TTM figure through Mar 2026 stood at $204.7 million (up 6.93% YoY), while the FY2025 annual figure was $199.6 million, up 7.36% from the prior year.
- Operating Expenses was $52.3 million for Q1 2026 at Main Street Capital, up from $51.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $52.3 million in Q1 2026 to a low of $1.5 million in Q4 2022.
- Historically, Operating Expenses has averaged $40.8 million across 5 years, with a median of $41.9 million in 2023.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses jumped 2463.09% in 2023, then advanced 2.21% in 2025.
- A 5-year view of Operating Expenses shows it stood at $1.5 million in 2022, then surged by 2463.09% to $39.2 million in 2023, then gained by 27.89% to $50.1 million in 2024, then rose by 2.74% to $51.5 million in 2025, then climbed by 1.56% to $52.3 million in 2026.
- The last three Operating Expenses figures came in at $52.3 million (Q1 2026), $51.5 million (Q4 2025), and $50.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 3.88 Bn |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 2.26 Bn |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 3.87 Bn |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 4.68 Bn |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 2.81 Bn |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 3.67 Bn |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 1.51 Bn |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 3.12 Bn |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 1.17 Bn |
| 10 | Main Street Capital | 4.62 Bn | 4.62 Bn | - | 52.26 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 52.26 Mn |
| Dec 31, 2025 | 51.46 Mn |
| Sep 30, 2025 | 50.32 Mn |
| Jun 30, 2025 | 50.64 Mn |
| Mar 31, 2025 | 47.24 Mn |
| Dec 31, 2024 | 50.09 Mn |
| Sep 30, 2024 | 49.23 Mn |
| Jun 30, 2024 | 44.85 Mn |
| Mar 31, 2024 | 41.80 Mn |
| Dec 31, 2023 | 39.16 Mn |
| Sep 30, 2023 | 41.06 Mn |
| Jun 30, 2023 | 41.86 Mn |
| Mar 31, 2023 | 39.29 Mn |
| Dec 31, 2022 | 1.53 Mn |
| Sep 30, 2022 | 35.94 Mn |
| Jun 30, 2022 | 30.47 Mn |
| Mar 31, 2022 | 27.18 Mn |
| Dec 31, 2021 | -65.12 Mn |
| Sep 30, 2021 | 27.48 Mn |