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

MDB Capital Holdings' (MDBH) quarterly Operating Expenses came in at $5.4 million in Q4 2025, down 32.36% year-on-year from $8.0 million in Q4 2024, and up 7.88% quarter-over-quarter from $5.0 million in Q3 2025.

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

MDB Capital Holdings has disclosed Operating Expenses across 4 years of filings, most recently posting $5.4 million for Q4 2025.

  • Operating Expenses for Q4 2025 came in at $5.4 million, down 32.36% year-over-year; the trailing twelve-month figure through Dec 2025 was $22.6 million (down 26.48% YoY), and the FY2025 annual result 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.
  • The 4-year median for Operating Expenses is $5.4 million (2025), against an average of $4.9 million.
  • Across the five-year window, Operating Expenses jumped 272.27% in 2023 and slumped 38.24% in 2025, its largest moves.
  • MDB Capital Holdings' Operating Expenses stood at $2.0 million in 2022, then surged by 272.27% to $7.5 million in 2023, then grew by 6.44% to $8.0 million in 2024, then tumbled by 32.36% to $5.4 million in 2025.
  • The last three Operating Expenses figures came in at $5.4 million (Q4 2025), $5.0 million (Q3 2025), and $5.5 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - 386,258.80
2 Morgan Stanley 349.82 Bn 216.29 Bn - 13.47 Bn
3 Goldman Sachs 333.85 Bn -603.70 Bn - 10.43 Bn
4 Schwab Charles 160.31 Bn 115.33 Bn - 3.29 Bn
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn 656.00 Mn
6 Interactive Brokers 42.79 Bn 53.38 Bn - 381.00 Mn
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - 4.45 Bn
8 Tradeweb Markets 21.20 Bn 19.96 Bn - 330.51 Mn
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn 81.75 Mn
10 MDB Capital Holdings 14.72 Mn 1.39 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