New Mountain Finance (NMFC) Operating Expenses (2021 - 2026)

New Mountain Finance has reported Operating Expenses for 6 years, with the latest figure at $44.3 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses fell 16.27% year-over-year to $44.3 million; the trailing twelve-month figure through Mar 2026 stood at $199.6 million (down 12.12% YoY), and the FY2025 full-year result was $203.8 million, down 11.06% from the prior year.
• Operating Expenses for Q1 2026 stood at $44.3 million, down from $57.4 million in the prior quarter.
• The five-year high for Operating Expenses was $59.8 million in Q3 2024, with the low at $39.0 million in Q1 2022.
• Average Operating Expenses over 5 years is $51.3 million, with a median of $53.0 million recorded in 2024.
• Year-over-year, Operating Expenses jumped 801.7% in 2022 and slipped 22.34% in 2025.
• Tracing NMFC's Operating Expenses over 5 years: stood at $44.5 million in 2022, then increased by 26.35% to $56.2 million in 2023, then gained by 2.63% to $57.7 million in 2024, then fell by 0.47% to $57.4 million in 2025, then fell by 22.94% to $44.3 million in 2026.
• The last three Operating Expenses figures came in at $44.3 million (Q1 2026), $57.4 million (Q4 2025), and $46.5 million (Q3 2025), per Business Quant data.

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