MDB Capital Holdings (MDBH) Operating Expenses (2022 - 2025)

MDB Capital Holdings (MDBH) posted Operating Expenses of $5.4 million for Q4 2025, up 7.88% sequentially from $5.0 million in Q3 2025, and down 32.36% YoY from $8.0 million in Q4 2024.

MDB Capital Holdings (MDBH) Operating Expenses (2022 - 2025) Analysis & Trends

MDB Capital Holdings (MDBH) has 4 years of Operating Expenses data on file, last reported at $5.4 million in Q4 2025.

  • Quarterly Operating Expenses fell 32.36% year-over-year to $5.4 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $22.6 million (down 26.48% YoY) and the FY2025 annual result came in at $22.6 million, down 26.48% from the prior year.
  • Operating Expenses climbed to $5.4 million in Q4 2025 per MDBH's latest filing, from $5.0 million in the prior quarter.
  • The five-year high for Operating Expenses was $8.1 million in Q3 2024, with the low at $1.7 million in Q2 2022.
  • Average Operating Expenses over 4 years is $4.9 million, with a median of $5.4 million recorded in 2025.
  • Year-over-year, Operating Expenses surged 272.27% in 2023 and plunged 38.24% in 2025.
  • MDB Capital Holdings' Operating Expenses stood at $2.0 million in 2022, then surged by 272.27% to $7.5 million in 2023, then gained by 6.44% to $8.0 million in 2024, then plunged by 32.36% to $5.4 million in 2025.
  • Business Quant data shows MDBH's Operating Expenses at $5.4 million in Q4 2025, $5.0 million in Q3 2025, and $5.5 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 13.47 Bn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 10.43 Bn
3 Schwab Charles 167.21 Bn 122.24 Bn - 3.29 Bn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -200.78 Mn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 656.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 4.45 Bn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 330.51 Mn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 242.35 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 81.75 Mn
10 MDB Capital Holdings 16.83 Mn 3.50 Mn - 5.40 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 5.40 Mn
Sep 30, 2025 5.01 Mn
Jun 30, 2025 5.49 Mn
Mar 31, 2025 6.74 Mn
Dec 31, 2024 7.98 Mn
Sep 30, 2024 8.11 Mn
Jun 30, 2024 7.41 Mn
Mar 31, 2024 7.29 Mn
Dec 31, 2023 7.50 Mn
Sep 30, 2023 2.52 Mn
Jun 30, 2023 2.20 Mn
Mar 31, 2023 2.27 Mn
Dec 31, 2022 2.02 Mn
Sep 30, 2022 2.30 Mn
Jun 30, 2022 1.70 Mn