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 has reported Operating Expenses for 4 years, with the latest figure 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.
  • Over five years, Operating Expenses peaked at $8.1 million in Q3 2024 and troughed at $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.
  • The sharpest annual moves came in 2023 and 2025: Operating Expenses soared 272.27% in 2023, then slumped 38.24% in 2025.
  • Over 4 years, Operating Expenses stood at $2.0 million in 2022, then jumped by 272.27% to $7.5 million in 2023, then rose by 6.44% to $8.0 million in 2024, then tumbled 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 338.83 Bn 205.30 Bn - 13.90 Bn
2 Goldman Sachs 316.34 Bn -660.01 Bn - 11.67 Bn
3 Schwab Charles 220.55 Bn 135.80 Bn - 3.29 Bn
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -200.78 Mn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 734.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn 81.75 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - 381.00 Mn
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 4.67 Bn
10 MDB Capital Holdings 15.98 Mn 9.04 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