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| Date | Value |
|---|---|
| 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 |