MidCap Financial Investment (MFIC) Operating Expenses (2021 - 2026)
MidCap Financial Investment recorded quarterly Operating Expenses of $37.6 million in Q1 2026, down 8.19% quarter-over-quarter from $41.0 million in Q4 2025, and down 16.81% year-over-year from $45.2 million in Q1 2025.
MidCap Financial Investment's Operating Expenses history runs 6 years deep, the most recent figure standing at $37.6 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 16.81% year-over-year to $37.6 million; the TTM figure through Mar 2026 stood at $171.0 million (down 1.68% YoY), while the FY2025 annual figure was $178.9 million, up 6.17% from the prior year.
- Operating Expenses came in at $37.6 million for Q1 2026 at MidCap Financial Investment, down from $41.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $122.2 million in Q4 2023 to a low of $27.9 million in Q1 2022.
- A 5-year average of $45.5 million and a median of $40.3 million in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses surged 32.78% in 2023 and sank 63.12% in 2024, its largest moves.
- MidCap Financial Investment's Operating Expenses stood at $36.6 million in 2022, then soared by 234.01% to $122.2 million in 2023, then tumbled by 63.12% to $45.1 million in 2024, then retreated by 9.11% to $41.0 million in 2025, then dropped by 8.19% to $37.6 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $37.6 million, $41.0 million, and $47.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 3.88 Bn |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 2.26 Bn |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 3.87 Bn |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 733.00 Mn |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 4.68 Bn |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 2.81 Bn |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 3.67 Bn |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 1.51 Bn |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 1.17 Bn |
| 10 | MidCap Financial Investment | - | - | - | 37.62 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 37.62 Mn |
| Dec 31, 2025 | 40.98 Mn |
| Sep 30, 2025 | 47.55 Mn |
| Jun 30, 2025 | 44.85 Mn |
| Mar 31, 2025 | 45.22 Mn |
| Dec 31, 2024 | 45.08 Mn |
| Sep 30, 2024 | 44.00 Mn |
| Jun 30, 2024 | 39.62 Mn |
| Mar 31, 2024 | 39.96 Mn |
| Dec 31, 2023 | 122.23 Mn |
| Sep 30, 2023 | 40.28 Mn |
| Jun 30, 2023 | 40.12 Mn |
| Sep 30, 2022 | 36.59 Mn |
| Jun 30, 2022 | 30.21 Mn |
| Mar 31, 2022 | 27.85 Mn |
| Sep 30, 2021 | 31.88 Mn |