MDB Capital Holdings (MDBH) Operating Expenses (2022 - 2025)
MDB Capital Holdings recorded quarterly Operating Expenses of $5.4 million in Q4 2025, up 7.88% quarter-over-quarter from $5.0 million in Q3 2025, and down 32.36% year-over-year from $8.0 million in Q4 2024.
MDB Capital Holdings' Operating Expenses history runs 4 years deep, the most recent figure standing at $5.4 million for Q4 2025.
- In Q4 2025, Operating Expenses fell 32.36% year-over-year to $5.4 million; the TTM figure through Dec 2025 stood at $22.6 million (down 26.48% YoY), while the FY2025 annual figure was $22.6 million, down 26.48% from the prior year.
- Operating Expenses came in at $5.4 million for Q4 2025 at MDB Capital Holdings, up from $5.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $8.1 million in Q3 2024 to a low of $1.7 million in Q2 2022.
- A 4-year average of $4.9 million and a median of $5.4 million in 2025 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses surged 272.27% in 2023 and sank 38.24% in 2025, its largest moves.
- MDB Capital Holdings' Operating Expenses stood at $2.0 million in 2022, then soared by 272.27% to $7.5 million in 2023, then increased by 6.44% to $8.0 million in 2024, then slumped by 32.36% to $5.4 million in 2025.
- According to Business Quant data, Operating Expenses over the past three periods registered $5.4 million, $5.0 million, and $5.5 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 13.47 Bn |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 10.43 Bn |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 3.29 Bn |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 656.00 Mn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 381.00 Mn |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 242.35 Mn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 4.45 Bn |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | 81.75 Mn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 330.51 Mn |
| 10 | MDB Capital Holdings | 17.58 Mn | 4.25 Mn | - | 5.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |