PhenixFIN (PFX) Operating Expenses (2021 - 2026)
PhenixFIN (PFX) reported Operating Expenses of $4.5 million for Q1 2026, down 11.92% year-over-year from $5.1 million in Q1 2025, and down 1.83% on a QoQ basis from $4.5 million in Q4 2025.
PhenixFIN (PFX) has 6 years of Operating Expenses data on file, last reported at $4.5 million in Q1 2026.
- Quarterly Operating Expenses fell 11.92% year-over-year to $4.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $19.5 million (up 2.48% YoY) and the FY2025 annual result came in at $20.1 million, up 15.33% from the prior year.
- Operating Expenses retreated to $4.5 million in Q1 2026 per PFX's latest filing, from $4.5 million in the prior quarter.
- Across five years, Operating Expenses topped out at $5.5 million in Q3 2025 and bottomed at $2.5 million in Q1 2022.
- The 5-year median for Operating Expenses is $4.1 million (2024), against an average of $4.1 million.
- The widest annual swing landed in 2024, when Operating Expenses surged 33.68%; it then decreased 11.92% in 2026.
- Tracing PFX's Operating Expenses over 5 years: stood at $3.1 million in 2022, then surged by 31.37% to $4.0 million in 2023, then grew by 14.41% to $4.6 million in 2024, then retreated by 1.25% to $4.5 million in 2025, then fell by 1.83% to $4.5 million in 2026.
- Per Business Quant, the three latest PFX Operating Expenses figures stand at $4.5 million (Q1 2026), $4.5 million (Q4 2025), and $5.5 million (Q3 2025).
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 | PhenixFIN | 89.41 Mn | 86.34 Mn | - | 4.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.45 Mn |
| Dec 31, 2025 | 4.53 Mn |
| Sep 30, 2025 | 5.48 Mn |
| Jun 30, 2025 | 5.00 Mn |
| Mar 31, 2025 | 5.05 Mn |
| Dec 31, 2024 | 4.59 Mn |
| Sep 30, 2024 | 5.09 Mn |
| Jun 30, 2024 | 4.25 Mn |
| Mar 31, 2024 | 4.09 Mn |
| Dec 31, 2023 | 4.01 Mn |
| Sep 30, 2023 | 3.81 Mn |
| Jun 30, 2023 | 3.62 Mn |
| Mar 31, 2023 | 3.14 Mn |
| Dec 31, 2022 | 3.05 Mn |
| Sep 30, 2022 | 3.22 Mn |
| Jun 30, 2022 | 3.45 Mn |
| Mar 31, 2022 | 2.51 Mn |
| Dec 31, 2021 | 2.93 Mn |