Neostellar Capital (NSLR) Operating Expenses (2020 - 2026)
Neostellar Capital's (NSLR) quarterly Operating Expenses came in at $23.7 million in Q2 2026, up 508.16% year-over-year from $3.9 million in Q2 2025, and up 402.17% quarter-over-quarter from $4.7 million in Q1 2026.
Analysis
Neostellar Capital (NSLR) Operating Expenses (2020 - 2026) Analysis & Trends
Neostellar Capital has disclosed Operating Expenses across 7 years of filings, most recently posting $23.7 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 508.16% year-over-year to $23.7 million; the TTM figure through Jun 2026 stood at $36.2 million (up 109.78% YoY), while the FY2024 annual figure was $18.6 million, down 7.05% from the prior year.
- Operating Expenses came in at $23.7 million for Q2 2026 at Neostellar Capital, up from $4.7 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $23.7 million in Q2 2026 to a low of $3.9 million in Q2 2025.
- Average Operating Expenses over 5 years is $5.7 million, with a median of $4.7 million recorded in 2022.
- Year-over-year, Operating Expenses dropped 16.94% in 2025 and surged 508.16% in 2026.
- Over 5 years, Operating Expenses stood at $4.3 million in 2022, then advanced by 20.29% to $5.2 million in 2023, then fell by 2.11% to $5.1 million in 2024, then fell by 23.17% to $3.9 million in 2025, then surged by 504.34% to $23.7 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $23.7 million in Q2 2026, $4.7 million in Q1 2026, and $3.9 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.12 Bn | 13.74 Bn | - | 401.00 Mn |
| 2 | Blackstone Secured Lending Fund | 5.63 Bn | 5.37 Bn | - | 142.27 Mn |
| 3 | Blue Owl Capital | 5.49 Bn | 5.25 Bn | - | 224.46 Mn |
| 4 | Main Street Capital | 5.20 Bn | 5.15 Bn | - | 55.78 Mn |
| 5 | Blue Owl Technology Finance | 4.94 Bn | 4.73 Bn | - | 198.97 Mn |
| 6 | Hercules Capital | 4.66 Bn | 4.61 Bn | - | 61.10 Mn |
| 7 | FS KKR Capital | 3.33 Bn | 3.22 Bn | - | 179.00 Mn |
| 8 | Golub Capital Bdc | 3.31 Bn | 3.26 Bn | - | 102.51 Mn |
| 9 | PennantPark Floating Rate Capital | 2.49 Bn | -118.08 Mn | - | 40.19 Mn |
| 10 | Neostellar Capital | 253.85 Mn | -150.28 Mn | - | 23.65 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.65 Mn |
| Mar 31, 2026 | 4.71 Mn |
| Sep 30, 2025 | 3.91 Mn |
| Jun 30, 2025 | 3.89 Mn |
| Mar 31, 2025 | 4.16 Mn |
| Dec 31, 2024 | 5.09 Mn |
| Sep 30, 2024 | 4.10 Mn |
| Jun 30, 2024 | 4.68 Mn |
| Mar 31, 2024 | 4.75 Mn |
| Dec 31, 2023 | 5.20 Mn |
| Sep 30, 2023 | 4.13 Mn |
| Jun 30, 2023 | 5.18 Mn |
| Mar 31, 2023 | 5.52 Mn |
| Dec 31, 2022 | 4.33 Mn |
| Sep 30, 2022 | 4.33 Mn |
| Jun 30, 2022 | 4.70 Mn |
| Mar 31, 2022 | 4.81 Mn |
| Dec 31, 2021 | 3.21 Mn |
| Sep 30, 2021 | 2.75 Mn |
| Jun 30, 2021 | 2.32 Mn |