Marblegate Capital (MGTE) Operating Expenses (2024 - 2026)
Marblegate Capital's (MGTE) quarterly Operating Expenses came in at $21.0 million in Q2 2026, up 47.74% on a YoY basis from $14.2 million in Q2 2025, and up 41.38% quarter-over-quarter from $14.8 million in Q4 2025.
Analysis
Marblegate Capital (MGTE) Operating Expenses (2024 - 2026) Analysis & Trends
Marblegate Capital (MGTE) has reported Operating Expenses for 3 consecutive years, with $21.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 47.74% year-over-year to $21.0 million; the trailing twelve-month figure through Jun 2026 stood at $63.2 million (up 156.94% YoY), and the FY2025 full-year result was $47.7 million, up 219.86% from the prior year.
- Operating Expenses rose to $21.0 million in Q2 2026 per MGTE's latest filing, from $14.8 million in the prior quarter.
- Across five years, Operating Expenses topped out at $21.0 million in Q2 2026 and bottomed at $2.4 million in Q1 2024.
- Historically, Operating Expenses has averaged $8.9 million across 3 years, with a median of $3.9 million in 2024.
- The widest YoY moves for Operating Expenses: up 278.93% in 2025, down 18.81% in 2025.
- Over 3 years, Operating Expenses stood at $3.9 million in 2024, then surged by 278.93% to $14.8 million in 2025, then surged by 41.38% to $21.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $21.0 million, $14.8 million, and $13.2 million for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 43.64 Bn | 43.64 Bn | 4.68 Bn | 4.66 Bn |
| 2 | Royalty Pharma | 26.15 Bn | 25.32 Bn | - | 541.02 Mn |
| 3 | Royal Gold | 21.54 Bn | 21.36 Bn | 390.45 Mn | 173.18 Mn |
| 4 | OR Royalties | 6.72 Bn | 6.64 Bn | 82.22 Mn | -19.41 Mn |
| 5 | Encore Capital | 2.11 Bn | 1.93 Bn | 455.04 Mn | 304.97 Mn |
| 6 | Atlanticus Holdings | 1.41 Bn | 857.38 Mn | 686.46 Mn | 157.57 Mn |
| 7 | Jefferson Capital | 1.18 Bn | 1.15 Bn | - | 95.35 Mn |
| 8 | Upbound | 1.06 Bn | 953.54 Mn | 594.84 Mn | 540.58 Mn |
| 9 | Lufax Holding | 1.05 Bn | -1.58 Bn | - | -1.02 Bn |
| 10 | Marblegate Capital | 76.87 Mn | 68.29 Mn | - | 20.98 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.98 Mn |
| Dec 31, 2025 | 14.84 Mn |
| Sep 30, 2025 | 13.20 Mn |
| Jun 30, 2025 | 14.20 Mn |
| Mar 31, 2025 | 2.90 Mn |
| Dec 31, 2024 | 3.92 Mn |
| Sep 30, 2024 | 3.59 Mn |
| Jun 30, 2024 | 3.94 Mn |
| Mar 31, 2024 | 2.44 Mn |