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
DateValue
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