MidCap Financial Investment (MFICL) Operating Expenses (2021 - 2026)
MidCap Financial Investment (MFICL) posted Operating Expenses of $37.6 million for Q1 2026, down 11.53% sequentially from $42.5 million in Q4 2025, and down 16.95% YoY from $45.2 million in Q1 2025.
MidCap Financial Investment (MFICL) Operating Expenses (2021 - 2026) Analysis & Trends
MidCap Financial Investment has reported Operating Expenses for 6 years, with the latest figure at $37.6 million in Q1 2026.
- Quarterly Operating Expenses fell 16.95% year-over-year to $37.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $172.4 million (down 1.11% YoY) and the FY2025 annual result came in at $180.4 million, up 7.05% from the prior year.
- Operating Expenses retreated to $37.6 million in Q1 2026 per MFICL's latest filing, from $42.5 million in the prior quarter.
- Over five years, Operating Expenses peaked at $122.2 million in Q4 2023 and troughed at $27.9 million in Q1 2022.
- A 5-year average of $51.3 million and a median of $44.2 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses jumped 194.88% in 2022, then slumped 63.12% in 2024.
- Over 5 years, Operating Expenses stood at $94.0 million in 2022, then jumped by 30.01% to $122.2 million in 2023, then plunged by 63.12% to $45.1 million in 2024, then slipped by 5.83% to $42.5 million in 2025, then declined by 11.53% to $37.6 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $37.6 million, $42.5 million, and $47.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 176.99 Bn | 163.12 Bn | - | 4.62 Bn |
| 2 | Blackstone | 113.16 Bn | 110.65 Bn | - | 2.38 Bn |
| 3 | Kkr | 96.05 Bn | -181.02 Bn | - | 5.41 Bn |
| 4 | Brookfield | 92.54 Bn | 45.14 Bn | - | 14.94 Bn |
| 5 | Brookfield Asset Management | 82.31 Bn | 80.81 Bn | - | 659.00 Mn |
| 6 | Apollo Global Management | 77.14 Bn | 51.77 Bn | 10.54 Bn | 8.74 Bn |
| 7 | State Street | 50.64 Bn | 50.64 Bn | - | 2.66 Bn |
| 8 | Ameriprise Financial | 50.31 Bn | 39.27 Bn | 4.72 Bn | 3.50 Bn |
| 9 | Northern Trust | 33.61 Bn | 33.61 Bn | - | 1.64 Bn |
| 10 | MidCap Financial Investment | 2.10 Bn | 2.06 Bn | - | 35.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 35.52 Mn |
| Mar 31, 2026 | 37.56 Mn |
| Dec 31, 2025 | 42.45 Mn |
| Sep 30, 2025 | 47.27 Mn |
| Jun 30, 2025 | 45.13 Mn |
| Mar 31, 2025 | 45.22 Mn |
| Dec 31, 2024 | 45.08 Mn |
| Sep 30, 2024 | 44.17 Mn |
| Jun 30, 2024 | 39.88 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 | 94.01 Mn |
| Jun 30, 2022 | 58.25 Mn |
| Mar 31, 2022 | 27.85 Mn |
| Sep 30, 2021 | 31.88 Mn |