Octave Specialty (OSG) Operating Expenses (2010 - 2026)
Octave Specialty's (OSG) quarterly Operating Expenses came in at $107.5 million in Q1 2026, up 38.08% year-on-year from $77.9 million in Q1 2025, and up 9.98% quarter-over-quarter from $97.8 million in Q4 2025.
Octave Specialty (OSG) Operating Expenses (2010 - 2026) Analysis & Trends
Octave Specialty's Operating Expenses history runs 17 years deep, the most recent figure standing at $107.5 million for Q1 2026.
- On a quarterly basis, Operating Expenses rose 38.08% year-over-year to $107.5 million in Q1 2026; TTM through Mar 2026 was $381.9 million, a 19.07% increase from a year earlier, with the FY2025 full-year figure at $352.2 million, up 19.14% from the prior year.
- Operating Expenses climbed to $107.5 million in Q1 2026 per OSG's latest filing, from $97.8 million in the prior quarter.
- Across five years, Operating Expenses topped out at $155.3 million in Q4 2022 and bottomed at -$262.0 million in Q3 2022.
- The 5-year median for Operating Expenses is $80.0 million (2022), against an average of $58.4 million.
- Across the five-year window, Operating Expenses plunged 918.75% in 2022 and surged 1412.7% in 2024, its largest moves.
- Year by year, Operating Expenses stood at $155.3 million in 2022, then sank by 110.98% to -$17.1 million in 2023, then soared by 606.26% to $86.3 million in 2024, then grew by 13.25% to $97.8 million in 2025, then grew by 9.98% to $107.5 million in 2026.
- Per Business Quant, the three latest OSG Operating Expenses figures stand at $107.5 million (Q1 2026), $97.8 million (Q4 2025), and $98.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 13.08 Bn | 10.42 Bn | 3.16 Bn | 2.73 Bn |
| 2 | Axis Capital Holdings | 8.50 Bn | 7.97 Bn | 613.18 Mn | 1.34 Bn |
| 3 | First American Financial | 7.10 Bn | 4.22 Bn | 1.77 Bn | 1.83 Bn |
| 4 | Enact Holdings | 6.51 Bn | 5.96 Bn | 205.69 Mn | 98.69 Mn |
| 5 | Mgic Investment | 6.26 Bn | 6.23 Bn | 263.84 Mn | 90.25 Mn |
| 6 | Essent | 6.05 Bn | 6.05 Bn | 211.88 Mn | 129.35 Mn |
| 7 | Radian | 5.96 Bn | 5.91 Bn | 304.36 Mn | 2.23 Mn |
| 8 | Assured Guaranty | 3.78 Bn | 3.28 Bn | 65.00 Mn | 227.00 Mn |
| 9 | NMI Holdings | 3.17 Bn | 3.10 Bn | 134.15 Mn | 58.53 Mn |
| 10 | Octave Specialty | 250.53 Mn | 46.41 Mn | 84.49 Mn | 107.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 107.51 Mn |
| Dec 31, 2025 | 97.76 Mn |
| Sep 30, 2025 | 98.69 Mn |
| Jun 30, 2025 | 77.93 Mn |
| Mar 31, 2025 | 77.86 Mn |
| Dec 31, 2024 | 86.32 Mn |
| Sep 30, 2024 | 90.76 Mn |
| Jun 30, 2024 | 65.79 Mn |
| Mar 31, 2024 | 52.79 Mn |
| Dec 31, 2023 | -17.05 Mn |
| Sep 30, 2023 | 6.00 Mn |
| Jun 30, 2023 | 73.00 Mn |
| Mar 31, 2023 | 86.00 Mn |
| Dec 31, 2022 | 155.32 Mn |
| Sep 30, 2022 | -262.00 Mn |
| Jun 30, 2022 | 80.00 Mn |
| Mar 31, 2022 | 116.00 Mn |
| Dec 31, 2021 | 187.00 Mn |
| Sep 30, 2021 | 32.00 Mn |
| Jun 30, 2021 | 66.00 Mn |