MDB Capital Holdings (MDBH) Operating Expenses (2022 - 2026)
MDB Capital Holdings (MDBH) reported Operating Expenses of $5.58 million for Q2 2026, up 1.5% from $5.49 million a year earlier.
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Analysis
MDB Capital Holdings (MDBH) Operating Expenses (2022 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, MDB Capital Holdings' Operating Expenses came in at $21.48 million, down 24.2% year-over-year; for FY2025, it came in at $22.64 million, down 26.5% from FY2024.
- Operating Expenses has a three-year compound annual growth rate of 45.7% (FY2022 to FY2025).
- By year, Operating Expenses came in at $30.79 million in FY2024 (+112.4%), $14.5 million in FY2023 (+98.0%) and $7.32 million in FY2022.
- The Q2 2026 figure ranks as the highest quarterly Operating Expenses since Q1 2025.
- Year over year, Operating Expenses gained in three of the last seven quarters, with growth averaging 17.9%.
- The high point for year-over-year Operating Expenses in five years was Q4 2023 (growth of 272.3%); the low point was Q3 2025 (a decline of 38.2%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 106.07 Bn | 94.17 Bn | - | 599.10 Mn |
| 2 | Intercontinental Exchange | 89.16 Bn | 82.89 Bn | - | 1.28 Bn |
| 3 | Robinhood Markets | 87.97 Bn | 69.00 Bn | - | 734.00 Mn |
| 4 | Nasdaq | 53.52 Bn | 50.94 Bn | 1.50 Bn | 788.00 Mn |
| 5 | Interactive Brokers | 37.05 Bn | 14.16 Bn | - | 440.00 Mn |
| 6 | Cboe Global Markets | 33.12 Bn | 24.78 Bn | 731.60 Mn | 255.60 Mn |
| 7 | LPL Financial Holdings | 25.67 Bn | 20.99 Bn | - | 4.67 Bn |
| 8 | Tradeweb Markets | 25.34 Bn | 17.35 Bn | - | 313.68 Mn |
| 9 | Circle Internet | 21.27 Bn | 15.15 Bn | 288.85 Mn | 254.49 Mn |
| 10 | MDB Capital Holdings | 10.37 Mn | -44.61 Mn | - | 5.58 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.58 Mn |
| 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 |
API Access
MDB Capital Holdings Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=MDBH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "MDBH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=MDBH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();