Msc Income Fund (MSIF) Operating Expenses (2022 - 2026)
Msc Income Fund (MSIF) reported Operating Expenses of $17.8 million for Q1 2026, up 8.47% on a YoY basis from $16.4 million in Q1 2025, and up 135.44% quarter-over-quarter from -$50.3 million in Q4 2025.
Msc Income Fund (MSIF) Operating Expenses (2022 - 2026) Analysis & Trends
Msc Income Fund has reported Operating Expenses for 5 years, with the latest figure at $17.8 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 8.47% year-over-year to $17.8 million; the trailing twelve-month figure through Mar 2026 stood at $4.2 million (down 94.88% YoY), and the FY2025 full-year result was $2.8 million, down 96.78% from the prior year.
- Operating Expenses for Q1 2026 stood at $17.8 million, up from -$50.3 million in the prior quarter.
- The five-year high for Operating Expenses was $22.0 million in Q4 2024, with the low at -$50.3 million in Q4 2025.
- Historically, Operating Expenses has averaged $13.2 million across 5 years, with a median of $17.8 million in 2026.
- Annual changes were most pronounced in 2023 — Operating Expenses surged 64.54% — and 2025, when it tumbled 328.72%.
- Msc Income Fund's Operating Expenses stood at $15.9 million in 2022, then slipped by 15.45% to $13.4 million in 2023, then jumped by 63.88% to $22.0 million in 2024, then plunged by 328.72% to -$50.3 million in 2025, then surged by 135.44% to $17.8 million in 2026.
- The last three Operating Expenses figures came in at $17.8 million (Q1 2026), -$50.3 million (Q4 2025), and $18.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 3.88 Bn |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 2.26 Bn |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 3.87 Bn |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 4.68 Bn |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 2.81 Bn |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 3.67 Bn |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 1.51 Bn |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 3.12 Bn |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 1.17 Bn |
| 10 | Msc Income Fund | 544.64 Mn | 537.43 Mn | - | 17.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.83 Mn |
| Dec 31, 2025 | -50.31 Mn |
| Sep 30, 2025 | 18.34 Mn |
| Jun 30, 2025 | 18.34 Mn |
| Mar 31, 2025 | 16.44 Mn |
| Dec 31, 2024 | 22.00 Mn |
| Sep 30, 2024 | 21.50 Mn |
| Jun 30, 2024 | 21.94 Mn |
| Mar 31, 2024 | 19.40 Mn |
| Dec 31, 2023 | 13.42 Mn |
| Sep 30, 2023 | 18.23 Mn |
| Jun 30, 2023 | 18.83 Mn |
| Mar 31, 2023 | 16.94 Mn |
| Dec 31, 2022 | 15.88 Mn |
| Sep 30, 2022 | 14.12 Mn |
| Jun 30, 2022 | 11.44 Mn |
| Mar 31, 2022 | 10.71 Mn |