Moelis (MC) Operating Expenses (2013 - 2026)

Moelis' Operating Expenses history runs 14 years deep, the most recent figure standing at $279.3 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 3.56% year-over-year to $279.3 million; the TTM figure through Mar 2026 stood at $1.3 billion (up 16.02% YoY), while the FY2025 annual figure was $1.2 billion, up 21.67% from the prior year.
• Operating Expenses was $279.3 million for Q1 2026 at Moelis, down from $359.9 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $359.9 million in Q4 2025 to a low of $177.8 million in Q4 2022.
• Historically, Operating Expenses has averaged $247.5 million across 5 years, with a median of $244.5 million in 2024.
• The sharpest annual moves came in 2022 and 2023: Operating Expenses plunged 41.4% in 2022, then jumped 47.24% in 2023.
• A 5-year view of Operating Expenses shows it stood at $177.8 million in 2022, then rose by 26.14% to $224.2 million in 2023, then jumped by 37.01% to $307.2 million in 2024, then advanced by 17.16% to $359.9 million in 2025, then decreased by 22.41% to $279.3 million in 2026.
• The last three Operating Expenses figures came in at $279.3 million (Q1 2026), $359.9 million (Q4 2025), and $308.6 million (Q3 2025), per Business Quant data.