PennantPark Floating Rate Capital (PFLA) Operating Expenses (2021 - 2026)
PennantPark Floating Rate Capital's (PFLA) quarterly Operating Expenses came in at $40.2 million in Q2 2026, up 3.37% on a YoY basis from $38.9 million in Q2 2025, and little changed quarter-over-quarter from $40.2 million in Q1 2026.
Analysis
PennantPark Floating Rate Capital (PFLA) Operating Expenses (2021 - 2026) Analysis & Trends
PennantPark Floating Rate Capital (PFLA) has reported Operating Expenses for 6 consecutive years, with $40.2 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 3.37% year-over-year to $40.2 million; the trailing twelve-month figure through Jun 2026 stood at $165.3 million (up 9.92% YoY), and the FY2025 full-year result was $154.3 million, up 42.01% from the prior year.
- Operating Expenses held at $40.2 million in Q2 2026 per PFLA's latest filing, from $40.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $43.5 million in Q4 2025 and bottomed at $13.3 million in Q1 2022.
- Historically, Operating Expenses has averaged $27.9 million across 5 years, with a median of $26.3 million in 2024.
- The sharpest annual moves came in 2024 and 2026: Operating Expenses surged 118.05% in 2024, then gained 3.37% in 2026.
- Over 5 years, Operating Expenses stood at $17.6 million in 2022, then gained by 5.21% to $18.5 million in 2023, then surged by 99.97% to $37.0 million in 2024, then grew by 17.3% to $43.5 million in 2025, then retreated by 7.51% to $40.2 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $40.2 million, $40.2 million, and $43.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.14 Bn | 13.76 Bn | - | 401.00 Mn |
| 2 | Blackstone Secured Lending Fund | 5.70 Bn | 5.44 Bn | - | 142.27 Mn |
| 3 | Blue Owl Capital | 5.54 Bn | 5.30 Bn | - | 224.46 Mn |
| 4 | Main Street Capital | 5.29 Bn | 5.23 Bn | - | 55.78 Mn |
| 5 | Blue Owl Technology Finance | 5.08 Bn | 4.87 Bn | - | 198.97 Mn |
| 6 | Hercules Capital | 4.65 Bn | 4.60 Bn | - | 61.10 Mn |
| 7 | FS KKR Capital | 3.42 Bn | 3.31 Bn | - | 179.00 Mn |
| 8 | Golub Capital Bdc | 3.32 Bn | 3.27 Bn | - | 102.51 Mn |
| 9 | PennantPark Floating Rate Capital | 2.48 Bn | -127.01 Mn | - | 40.19 Mn |
| 10 | MidCap Financial Investment | 2.07 Bn | 2.03 Bn | - | 35.52 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.19 Mn |
| Mar 31, 2026 | 40.21 Mn |
| Dec 31, 2025 | 43.45 Mn |
| Sep 30, 2025 | 41.45 Mn |
| Jun 30, 2025 | 38.88 Mn |
| Mar 31, 2025 | 36.91 Mn |
| Dec 31, 2024 | 37.04 Mn |
| Sep 30, 2024 | 37.55 Mn |
| Jun 30, 2024 | 27.30 Mn |
| Mar 31, 2024 | 25.27 Mn |
| Dec 31, 2023 | 18.52 Mn |
| Sep 30, 2023 | 17.22 Mn |
| Jun 30, 2023 | 19.21 Mn |
| Mar 31, 2023 | 17.81 Mn |
| Dec 31, 2022 | 17.61 Mn |
| Sep 30, 2022 | 16.13 Mn |
| Jun 30, 2022 | 13.91 Mn |
| Mar 31, 2022 | 13.25 Mn |
| Dec 31, 2021 | 13.61 Mn |