Msc Income Fund (MSIF) Operating Expenses (2022 - 2026)
Msc Income Fund posted quarterly Operating Expenses of $17.8 million for Q1 2026, up 8.47% year-on-year from $16.4 million in Q1 2025, and up 135.44% on a QoQ basis from -$50.3 million in Q4 2025.
Msc Income Fund (MSIF) has 5 years of Operating Expenses data on file, last reported 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.
- Across five years, Operating Expenses topped out at $22.0 million in Q4 2024 and bottomed at -$50.3 million in Q4 2025.
- The 5-year median for Operating Expenses is $17.8 million (2026), against an average of $13.2 million.
- The widest annual swing landed in 2023, when Operating Expenses surged 64.54%; it then sank 328.72% in 2025.
- A 5-year view of Operating Expenses shows it stood at $15.9 million in 2022, then dropped by 15.45% to $13.4 million in 2023, then surged by 63.88% to $22.0 million in 2024, then tumbled by 328.72% to -$50.3 million in 2025, then soared 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 | 158.51 Bn | 148.89 Bn | - | 3.88 Bn |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 2.26 Bn |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 3.87 Bn |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 733.00 Mn |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 4.68 Bn |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 2.81 Bn |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 3.67 Bn |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 1.51 Bn |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 1.17 Bn |
| 10 | Msc Income Fund | 572.77 Mn | 565.56 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 |