Main Street Capital (MAIN) Operating Expenses (2021 - 2026)
Main Street Capital's (MAIN) quarterly Operating Expenses came in at $52.3 million in Q1 2026, up 10.64% year-on-year from $47.2 million in Q1 2025, and up 1.56% quarter-over-quarter from $51.5 million in Q4 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.
- On a quarterly basis, Operating Expenses rose 10.64% year-over-year to $52.3 million in Q1 2026; TTM through Mar 2026 was $204.7 million, a 6.93% increase from a year earlier, with the FY2025 full-year figure at $199.6 million, up 7.36% from the prior year.
- Operating Expenses advanced to $52.3 million in Q1 2026 per MAIN's latest filing, from $51.5 million in the prior quarter.
- Across five years, Operating Expenses topped out at $52.3 million in Q1 2026 and bottomed at $1.5 million in Q4 2022.
- The 5-year median for Operating Expenses is $41.9 million (2023), against an average of $40.8 million.
- Across the five-year window, Operating Expenses soared 2463.09% in 2023 and grew 2.21% in 2025, its largest moves.
- Year by year, Operating Expenses 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.
- Per Business Quant, the three latest MAIN Operating Expenses figures stand at $52.3 million (Q1 2026), $51.5 million (Q4 2025), and $50.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | -14.14 Bn |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 3.88 Bn |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | 2.26 Bn |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | 4.68 Bn |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | 2.81 Bn |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 3.67 Bn |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | 1.51 Bn |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 3.12 Bn |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 1.18 Bn |
| 10 | Main Street Capital | 4.81 Bn | 4.81 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 |