Patria Investments (PAX) Operating Expenses (2020 - 2026)
Patria Investments (PAX) recorded Operating Expenses of -$16.85 million in Q2 2026, compared with -$11.68 million a year earlier.
Patria Investments (PAX) Operating Expenses (2020 - 2026) Analysis & Trends
On a TTM basis, Patria Investments' Operating Expenses came in at -$45.5 million as of Jun 30, 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 Q2 2026 figure is the lowest quarterly Operating Expenses in data going back to Q1 2020.
- Per Business Quant, the preceding three quarters came in at -$14.99 million (Q1 2026), -$1.79 million (Q4 2025) and -$11.86 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 189.07 Bn | 145.60 Bn | - | 5.42 Bn |
| 2 | Spdr Gold Trust | 125.11 Bn | -432.90 Bn | - | 149.76 Mn |
| 3 | Brookfield | 101.47 Bn | -96.66 Bn | - | 13.46 Bn |
| 4 | Blackstone | 91.35 Bn | 85.56 Bn | - | 1.63 Bn |
| 5 | Kkr | 87.89 Bn | 54.59 Bn | 1.76 Bn | 3.72 Bn |
| 6 | Brookfield Asset Management | 82.34 Bn | 77.22 Bn | - | 915.00 Mn |
| 7 | Apollo Global Management | 72.94 Bn | 89.74 Bn | 4.14 Bn | 6.21 Bn |
| 8 | Wheaton Precious Metals | 59.70 Bn | 59.70 Bn | 538.50 Mn | 138.12 Mn |
| 9 | Ares Management | 48.49 Bn | 47.07 Bn | 376.28 Mn | 1.15 Bn |
| 10 | Patria Investments | 1.46 Bn | 714.81 Mn | - | 16.85 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.85 Mn |
| Mar 31, 2026 | 14.99 Mn |
| Dec 31, 2025 | -33.79 Mn |
| Sep 30, 2025 | 11.86 Mn |
| Jun 30, 2025 | 11.68 Mn |
| Mar 31, 2025 | 12.05 Mn |
| Dec 31, 2024 | -30.95 Mn |
| Sep 30, 2024 | 12.22 Mn |
| Jun 30, 2024 | 11.20 Mn |
| Mar 31, 2024 | -5.45 Mn |
| Dec 31, 2023 | -30.43 Mn |
| Dec 31, 2022 | -23.69 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 |
| Mar 31, 2021 | 4.78 Mn |
| Dec 31, 2020 | 7.99 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();