Patria Investments (PAX) Operating Expenses (2020 - 2026)
Patria Investments (PAX) recorded Operating Expenses of -$14.99 million in Q1 2026, compared with -$12.05 million a year earlier.
Patria Investments (PAX) Operating Expenses (2020 - 2026) Analysis & Trends
On a TTM basis, Patria Investments' Operating Expenses came in at -$40.33 million as of Mar 31, 2026; for FY2025, it came in at -$50.93 million.
- Across earlier years, Operating Expenses came in at -$46.68 million in FY2024, -$38.01 million in FY2023, $968,000 in FY2022 and -$26.89 million in FY2021.
- The Q1 2026 figure is the lowest quarterly Operating Expenses since Q3 2022.
- Per Business Quant, the preceding three quarters came in at -$1.79 million (Q4 2025), -$11.86 million (Q3 2025) and -$11.68 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 164.13 Bn | 110.49 Bn | - | 4.62 Bn |
| 2 | Spdr Gold Trust | 133.82 Bn | -424.18 Bn | - | 149.76 Mn |
| 3 | Blackstone | 84.08 Bn | 79.01 Bn | - | 2.38 Bn |
| 4 | Brookfield | 82.97 Bn | -82.41 Bn | 4.47 Bn | 14.94 Bn |
| 5 | Kkr | 81.05 Bn | 47.53 Bn | - | 5.41 Bn |
| 6 | Brookfield Asset Management | 71.64 Bn | 67.88 Bn | - | 659.00 Mn |
| 7 | Apollo Global Management | 65.67 Bn | 3.35 Bn | 10.56 Bn | 8.74 Bn |
| 8 | Wheaton Precious Metals | 61.89 Bn | 57.32 Bn | 687.86 Mn | 133.83 Mn |
| 9 | Franco Nevada | 46.13 Bn | 43.49 Bn | 451.00 Mn | 7.80 Mn |
| 10 | Patria Investments | 1.63 Bn | 1.01 Bn | - | -14.99 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -14.99 Mn |
| Dec 31, 2025 | -1.79 Mn |
| Sep 30, 2025 | -11.86 Mn |
| Jun 30, 2025 | -11.68 Mn |
| Mar 31, 2025 | -12.05 Mn |
| Dec 31, 2024 | -179,000.00 |
| Sep 30, 2024 | -12.22 Mn |
| Jun 30, 2024 | -11.20 Mn |
| Mar 31, 2024 | -9.19 Mn |
| Dec 31, 2023 | -376,000.00 |
| Sep 30, 2023 | -11.50 Mn |
| Jun 30, 2023 | -10.17 Mn |
| Mar 31, 2023 | -8.95 Mn |
| Dec 31, 2022 | 24.28 Mn |
| Sep 30, 2022 | -15.16 Mn |
| Jun 30, 2022 | -14.70 Mn |
| Mar 31, 2022 | -9.44 Mn |
| Dec 31, 2021 | -15.23 Mn |
| Sep 30, 2021 | -3.09 Mn |
| Jun 30, 2021 | -3.78 Mn |
Patria Investments Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=PAX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "PAX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=PAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();