Patria Investments PAX
NASDAQ PAX
$10.75 -0.07 (-0.65%)
As of: Sep 10, 2026 · 3:59 PM EDT

Patria Investments (PAX) Operating Expenses (2020 - 2026)

Patria Investments (PAX) posted Operating Expenses of -$15.0 million for Q1 2026, down 144.36% on a QoQ basis from $33.8 million in Q4 2025, and down 24.47% year-over-year from -$19.8 million in Q1 2025.

Analysis

Patria Investments (PAX) Operating Expenses (2020 - 2026) Analysis & Trends

Patria Investments has reported Operating Expenses for 7 years, with the latest figure at -$15.0 million in Q1 2026.

  • On a quarterly basis, Operating Expenses fell 24.47% year-over-year to -$15.0 million in Q1 2026; TTM through Mar 2026 was -$4.7 million, a 56.2% decrease from a year earlier, with the FY2025 full-year figure at -$5.8 million, up 96.4% from the prior year.
  • Operating Expenses was -$15.0 million for Q1 2026 at Patria Investments, down from $33.8 million in the prior quarter.
  • The five-year high for Operating Expenses was $37.9 million in Q4 2022, with the low at -$15.2 million in Q3 2022.
  • Average Operating Expenses over 5 years is -$1.1 million, with a median of -$11.2 million recorded in 2024.
  • The largest YoY upside for Operating Expenses was 349.01% in 2022 against a maximum downside of 389.98% in 2022.
  • Over 5 years, Operating Expenses stood at $37.9 million in 2022, then dropped by 20.29% to $30.2 million in 2023, then advanced by 7.26% to $32.4 million in 2024, then grew by 4.21% to $33.8 million in 2025, then slumped by 144.36% to -$15.0 million in 2026.
  • The last three Operating Expenses figures came in at -$15.0 million (Q1 2026), $33.8 million (Q4 2025), and -$11.9 million (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Blackstone 100.29 Bn 97.79 Bn - 2.38 Bn
2 Kkr 90.29 Bn -186.78 Bn - 5.41 Bn
3 Apollo Global Management 75.67 Bn 50.30 Bn 10.54 Bn 8.74 Bn
4 Brookfield Asset Management 75.51 Bn 74.01 Bn - 659.00 Mn
5 Wheaton Precious Metals 68.40 Bn 68.30 Bn 687.86 Mn 133.83 Mn
6 Franco Nevada 50.19 Bn 48.65 Bn 451.00 Mn 5.30 Mn
7 Brookfield 37.98 Bn 7.42 Bn 19.38 Bn -14.94 Bn
8 Ares Management 29.57 Bn 29.57 Bn - 1.18 Bn
9 Carlyle 15.41 Bn 14.15 Bn - 875.90 Mn
10 Patria Investments 1.72 Bn 1.54 Bn - -14.99 Mn
Historic Data

Historic Data

Download Data
DateValue
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 32.43 Mn
Sep 30, 2024 -12.22 Mn
Jun 30, 2024 -11.20 Mn
Mar 31, 2024 -9.19 Mn
Dec 31, 2023 30.23 Mn
Sep 30, 2023 -11.50 Mn
Jun 30, 2023 -10.17 Mn
Mar 31, 2023 -8.95 Mn
Dec 31, 2022 37.93 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