PennantPark Floating Rate Capital (PFLT) Operating Expenses (2021 - 2026)
PennantPark Floating Rate Capital (PFLT) reported Operating Expenses of $40.19 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 3.4% from $38.88 million a year earlier but down 0.1% from the prior quarter.
PennantPark Floating Rate Capital (PFLT) Operating Expenses (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, PennantPark Floating Rate Capital's Operating Expenses came in at $123.05 million, up 10.2% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at $2.8 million, up 29.6% from FY2024.
- Operating Expenses has a five-year compound annual growth rate of -44.3% (FY2020 to FY2025).
- By fiscal year, Operating Expenses came in at $2.16 million in FY2024 (+116.3%), $999,000 in FY2023 (-98.2%), $56.9 million in FY2022 (+32.1%) and $43.07 million in FY2021 (-17.3%).
- Five-year quarterly Operating Expenses spans a low of -$1.55 million in fiscal Q4 2023 and a high of $43.45 million in fiscal Q1 2026.
- Year over year, Operating Expenses has now increased in each of the last three quarters, with growth averaging 37.2% over the last six quarters.
- Across the past five years, year-over-year growth in Operating Expenses ran from 3.4% in fiscal Q3 2026 to 101.6% in fiscal Q1 2025.
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $40.21 million (Q2 2026), $43.45 million (Q1 2026) and -$800,000 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 2.50 Bn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 4.66 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 541.02 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 2.07 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 1.02 Bn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 1.33 Bn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 173.18 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 58.19 Mn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | PennantPark Floating Rate Capital | 685.60 Mn | 217.54 Mn | - | 40.19 Mn |
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 | -800,000.00 |
| Jun 30, 2025 | 38.88 Mn |
| Mar 31, 2025 | 36.91 Mn |
| Dec 31, 2024 | 37.04 Mn |
| Sep 30, 2024 | -1.13 Mn |
| Jun 30, 2024 | 27.30 Mn |
| Mar 31, 2024 | 24.72 Mn |
| Dec 31, 2023 | 18.37 Mn |
| Sep 30, 2023 | -1.55 Mn |
| Jun 30, 2023 | 19.06 Mn |
| Mar 31, 2023 | 17.66 Mn |
| Dec 31, 2022 | 17.07 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 |
PennantPark Floating Rate Capital 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=PFLT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "PFLT", "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=PFLT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();