PennantPark Floating Rate Capital (PFLT) Operating Expenses (2021 - 2026)
PennantPark Floating Rate Capital posted quarterly Operating Expenses of $40.2 million for Q1 2026, up 8.94% year-on-year from $36.9 million in Q1 2025, and down 5.9% on a QoQ basis from $42.7 million in Q4 2025.
PennantPark Floating Rate Capital (PFLT) has 6 years of Operating Expenses data on file, last reported at $40.2 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 8.94% year-over-year to $40.2 million; the trailing twelve-month figure through Mar 2026 stood at $164.2 million (up 18.71% YoY), and the FY2025 full-year result was $154.3 million, up 42.01% from the prior year.
- Operating Expenses for Q1 2026 stood at $40.2 million, down from $42.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at $45.4 million in Q3 2025 and bottomed at $13.2 million in Q1 2022.
- The 5-year median for Operating Expenses is $25.3 million (2024), against an average of $27.1 million.
- The widest annual swing landed in 2023, when Operating Expenses grew 4.34%; it then jumped 118.05% in 2024.
- A 5-year view of Operating Expenses shows it stood at $17.6 million in 2022, then advanced by 4.34% to $18.4 million in 2023, then soared by 100.42% to $36.8 million in 2024, then increased by 16.06% to $42.7 million in 2025, then declined by 5.9% to $40.2 million in 2026.
- The last three Operating Expenses figures came in at $40.2 million (Q1 2026), $42.7 million (Q4 2025), and $45.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 3.88 Bn |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 2.26 Bn |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 3.87 Bn |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 733.00 Mn |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 4.68 Bn |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 2.81 Bn |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 3.67 Bn |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 1.51 Bn |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 1.17 Bn |
| 10 | PennantPark Floating Rate Capital | - | - | - | 40.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 40.21 Mn |
| Dec 31, 2025 | 42.73 Mn |
| Sep 30, 2025 | 45.39 Mn |
| Jun 30, 2025 | 35.82 Mn |
| Mar 31, 2025 | 36.91 Mn |
| Dec 31, 2024 | 36.82 Mn |
| Sep 30, 2024 | 37.55 Mn |
| Jun 30, 2024 | 27.01 Mn |
| Mar 31, 2024 | 25.27 Mn |
| Dec 31, 2023 | 18.37 Mn |
| Sep 30, 2023 | 17.22 Mn |
| Jun 30, 2023 | 19.06 Mn |
| Mar 31, 2023 | 17.81 Mn |
| Dec 31, 2022 | 17.61 Mn |
| Sep 30, 2022 | 16.43 Mn |
| Jun 30, 2022 | 13.81 Mn |
| Mar 31, 2022 | 13.15 Mn |
| Dec 31, 2021 | 13.61 Mn |