Moelis (MC) Operating Expenses (2013 - 2026)
Moelis (MC) posted quarterly Operating Expenses of $336.6 million for Q2 2026, up 10.44% year-over-year from $304.7 million in Q2 2025, and up 20.51% quarter-over-quarter from $279.3 million in Q1 2026.
Moelis (MC) Operating Expenses (2013 - 2026) Analysis & Trends
Moelis' Operating Expenses history runs 14 years deep, the most recent figure standing at $336.6 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 10.44% year-over-year to $336.6 million; the TTM figure through Jun 2026 stood at $1.3 billion (up 12.68% YoY), while the FY2025 annual figure was $1.2 billion, up 21.67% from the prior year.
- Operating Expenses for Q2 2026 stood at $336.6 million, up from $279.3 million in the prior quarter.
- The five-year high for Operating Expenses was $359.9 million in Q4 2025, with the low at $177.8 million in Q4 2022.
- The 5-year median for Operating Expenses is $251.4 million (2024), against an average of $252.5 million.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses tumbled 41.4% in 2022, then soared 47.24% in 2023.
- Moelis' Operating Expenses stood at $177.8 million in 2022, then increased by 26.14% to $224.2 million in 2023, then soared by 37.01% to $307.2 million in 2024, then gained by 17.16% to $359.9 million in 2025, then dropped by 6.49% to $336.6 million in 2026.
- Business Quant data shows MC's Operating Expenses at $336.6 million in Q2 2026, $279.3 million in Q1 2026, and $359.9 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 333.21 Bn | 173.07 Bn | - | 13.90 Bn |
| 2 | Goldman Sachs | 311.14 Bn | -665.21 Bn | - | 11.67 Bn |
| 3 | Schwab Charles | 196.95 Bn | 123.36 Bn | - | 3.40 Bn |
| 4 | Robinhood Markets | 93.19 Bn | 75.81 Bn | 1.20 Bn | 734.00 Mn |
| 5 | Interactive Brokers | 41.71 Bn | -22.59 Bn | - | 440.00 Mn |
| 6 | LPL Financial Holdings | 29.06 Bn | 26.36 Bn | - | 4.67 Bn |
| 7 | Tradeweb Markets | 23.03 Bn | 20.97 Bn | - | 313.68 Mn |
| 8 | Circle Internet | 21.70 Bn | 19.97 Bn | 288.85 Mn | 254.49 Mn |
| 9 | Futu Holdings | 16.14 Bn | 214.18 Mn | 733.58 Mn | -200.78 Mn |
| 10 | Moelis | 5.16 Bn | 4.95 Bn | - | 336.56 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 336.56 Mn |
| Mar 31, 2026 | 279.28 Mn |
| Dec 31, 2025 | 359.93 Mn |
| Sep 30, 2025 | 308.58 Mn |
| Jun 30, 2025 | 304.75 Mn |
| Mar 31, 2025 | 269.68 Mn |
| Dec 31, 2024 | 307.21 Mn |
| Sep 30, 2024 | 258.19 Mn |
| Jun 30, 2024 | 244.52 Mn |
| Mar 31, 2024 | 211.68 Mn |
| Dec 31, 2023 | 224.23 Mn |
| Sep 30, 2023 | 292.21 Mn |
| Jun 30, 2023 | 189.46 Mn |
| Mar 31, 2023 | 189.21 Mn |
| Dec 31, 2022 | 177.76 Mn |
| Sep 30, 2022 | 198.46 Mn |
| Jun 30, 2022 | 180.32 Mn |
| Mar 31, 2022 | 212.66 Mn |
| Dec 31, 2021 | 271.91 Mn |
| Sep 30, 2021 | 338.67 Mn |