Patria Investments (PAX) Accumulated Expenses (2019 - 2025)

Patria Investments' (PAX) quarterly Accumulated Expenses came in at $58.1 million in Q4 2025, up 56.02% year-on-year from $37.3 million in Q4 2024, and up 986.39% quarter-over-quarter from -$6.6 million in Q3 2025.

Patria Investments (PAX) Accumulated Expenses (2019 - 2025) Analysis & Trends

Patria Investments' Accumulated Expenses history runs 7 years deep, the most recent figure standing at $58.1 million for Q4 2025.

  • On a quarterly basis, Accumulated Expenses rose 56.02% year-over-year to $58.1 million in Q4 2025; TTM through Dec 2025 was $58.1 million, a 56.02% increase from a year earlier, with the FY2025 full-year figure at $58.1 million, up 56.02% from the prior year.
  • Accumulated Expenses improved to $58.1 million in Q4 2025 per PAX's latest filing, from -$6.6 million in the prior quarter.
  • Across five years, Accumulated Expenses topped out at $1.2 billion in Q3 2021 and bottomed at -$24.3 million in Q1 2025.
  • The 5-year median for Accumulated Expenses is -$5.1 million (2021), against an average of $60.0 million.
  • Across the five-year window, Accumulated Expenses jumped 28262.01% in 2021 and slumped 584.3% in 2022, its largest moves.
  • Year by year, Accumulated Expenses stood at $37.8 million in 2021, then fell by 28.3% to $27.1 million in 2022, then advanced by 6.26% to $28.8 million in 2023, then gained by 29.53% to $37.3 million in 2024, then soared by 56.02% to $58.1 million in 2025.
  • Per Business Quant, the three latest PAX Accumulated Expenses figures stand at $58.1 million (Q4 2025), -$6.6 million (Q3 2025), and -$17.1 million (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn
2 BlackRock 161.01 Bn 148.08 Bn -
3 Blackstone 97.77 Bn 96.72 Bn -
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn
5 State Street 51.30 Bn 51.30 Bn -
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn
7 Northern Trust 32.93 Bn 32.93 Bn -
8 Raymond James Financial 32.59 Bn 17.67 Bn -
9 Price T Rowe 24.70 Bn 21.13 Bn -
10 Patria Investments 1.72 Bn 1.48 Bn -

Historic Data

Download Data
DateValue
Dec 31, 2025 58.15 Mn
Sep 30, 2025 -6.56 Mn
Jun 30, 2025 -17.11 Mn
Mar 31, 2025 -24.30 Mn
Dec 31, 2024 37.27 Mn
Sep 30, 2024 2.46 Mn
Jun 30, 2024 -2.89 Mn
Mar 31, 2024 -10.09 Mn
Dec 31, 2023 28.77 Mn
Sep 30, 2023 -10.30 Mn
Jun 30, 2023 -13.29 Mn
Mar 31, 2023 -16.85 Mn
Dec 31, 2022 27.08 Mn
Sep 30, 2022 -20.00 Mn
Jun 30, 2022 -19.12 Mn
Mar 31, 2022 -24.27 Mn
Dec 31, 2021 37.76 Mn
Sep 30, 2021 1.16 Bn
Jun 30, 2021 15.39 Mn
Mar 31, 2021 -3.55 Mn