Medallion Financial (MFIN) Operating Expenses (2017 - 2025)

Medallion Financial (MFIN) recorded quarterly Operating Expenses of $20.7 million in Q3 2025, down 3.91% quarter-over-quarter from $21.5 million in Q2 2025, and up 8.99% on a YoY basis from $19.0 million in Q3 2024.

Medallion Financial (MFIN) Operating Expenses (2017 - 2025) Analysis & Trends

Medallion Financial's Operating Expenses history runs 9 years deep, the most recent figure standing at $20.7 million for Q3 2025.

  • In Q3 2025, Operating Expenses rose 8.99% year-over-year to $20.7 million; the TTM figure through Dec 2025 stood at $63.0 million (down 15.35% YoY), while the FY2024 annual figure was $74.4 million, down 1.51% from the prior year.
  • Operating Expenses was $20.7 million for Q3 2025 at Medallion Financial, down from $21.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $21.5 million in Q2 2025 to a low of $14.6 million in Q1 2021.
  • Historically, Operating Expenses has averaged $18.8 million across 5 years, with a median of $19.0 million in 2023.
  • The sharpest annual moves came in 2021 and 2022: Operating Expenses declined 24.02% in 2021, then advanced 23.16% in 2022.
  • A 5-year view of Operating Expenses shows it stood at $19.7 million in 2021, then declined by 19.86% to $15.8 million in 2022, then climbed by 20.8% to $19.1 million in 2023, then declined by 9.81% to $17.2 million in 2024, then advanced by 20.28% to $20.7 million in 2025.
  • The last three Operating Expenses figures came in at $20.7 million (Q3 2025), $21.5 million (Q2 2025), and $20.8 million (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Visa 541.66 Bn 529.25 Bn - 4.00 Bn
2 Mastercard 437.55 Bn 427.34 Bn - 3.49 Bn
3 American Express 212.80 Bn 158.76 Bn 17.43 Bn 13.88 Bn
4 Capital One Financial 112.47 Bn 35.97 Bn - 8.46 Bn
5 PayPal Holdings 37.70 Bn 28.36 Bn 7.84 Bn 6.87 Bn
6 Synchrony Financial 24.26 Bn 3.70 Bn - 1.32 Bn
7 Affirm Holdings 21.24 Bn 19.51 Bn 261.64 Mn 950.34 Mn
8 SoFi Technologies 20.46 Bn 17.06 Bn 929.25 Mn 891.92 Mn
9 Ally Financial 13.30 Bn 12.86 Bn 1.98 Bn 1.24 Bn
10 Medallion Financial 282.91 Mn 246.07 Mn - -

Historic Data

Download Data
DateValue
Sep 30, 2025 20.70 Mn
Jun 30, 2025 21.55 Mn
Mar 31, 2025 20.76 Mn
Dec 31, 2024 17.21 Mn
Sep 30, 2024 19.00 Mn
Jun 30, 2024 20.00 Mn
Mar 31, 2024 18.23 Mn
Dec 31, 2023 19.08 Mn
Sep 30, 2023 19.09 Mn
Jun 30, 2023 19.00 Mn
Mar 31, 2023 18.39 Mn
Dec 31, 2022 15.80 Mn
Sep 30, 2022 19.41 Mn
Jun 30, 2022 18.81 Mn
Mar 31, 2022 18.03 Mn
Dec 31, 2021 19.71 Mn
Sep 30, 2021 18.72 Mn
Jun 30, 2021 19.82 Mn
Mar 31, 2021 14.64 Mn
Dec 31, 2020 17.90 Mn