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

New Mountain Finance (NMFCZ) recorded quarterly Operating Expenses of $44.3 million in Q1 2026, down 22.94% quarter-over-quarter from $57.4 million in Q4 2025, and down 16.27% on a YoY basis from $52.9 million in Q1 2025.

New Mountain Finance (NMFCZ) Operating Expenses (2021 - 2026) Analysis & Trends

New Mountain Finance's Operating Expenses history runs 6 years deep, the most recent figure standing at $44.3 million for Q1 2026.

  • In Q1 2026, Operating Expenses fell 16.27% year-over-year to $44.3 million; the TTM figure through Mar 2026 stood at $199.6 million (down 12.12% YoY), while the FY2025 annual figure was $203.8 million, down 11.06% from the prior year.
  • Operating Expenses was $44.3 million for Q1 2026 at New Mountain Finance, down from $57.4 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $59.8 million in Q3 2024 to a low of $39.0 million in Q1 2022.
  • Historically, Operating Expenses has averaged $51.3 million across 5 years, with a median of $53.0 million in 2024.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses surged 801.7% in 2022, then retreated 22.34% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $44.5 million in 2022, then grew by 26.35% to $56.2 million in 2023, then rose by 2.63% to $57.7 million in 2024, then declined by 0.47% to $57.4 million in 2025, then declined 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.

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 New Mountain Finance - - - 44.26 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 44.26 Mn
Dec 31, 2025 57.44 Mn
Sep 30, 2025 46.46 Mn
Jun 30, 2025 51.48 Mn
Mar 31, 2025 52.86 Mn
Dec 31, 2024 57.71 Mn
Sep 30, 2024 59.82 Mn
Jun 30, 2024 56.78 Mn
Mar 31, 2024 53.00 Mn
Dec 31, 2023 56.23 Mn
Sep 30, 2023 54.30 Mn
Jun 30, 2023 55.73 Mn
Mar 31, 2023 53.47 Mn
Dec 31, 2022 44.51 Mn
Sep 30, 2022 46.77 Mn
Jun 30, 2022 42.64 Mn
Mar 31, 2022 38.96 Mn
Dec 31, 2021 4.94 Mn
Sep 30, 2021 41.59 Mn