Palmer Square Capital BDC PSBD
NYSE PSBD
$10.26 +0.03 (+0.24%)
As of: Sep 10, 2026 · 3:59 PM EDT

Palmer Square Capital BDC (PSBD) Operating Expenses (2021 - 2026)

Palmer Square Capital BDC's (PSBD) quarterly Operating Expenses came in at $15.3 million in Q2 2026, down 14.47% on a YoY basis from $17.8 million in Q2 2025, and little changed quarter-over-quarter from $15.2 million in Q1 2026.

Analysis

Palmer Square Capital BDC (PSBD) Operating Expenses (2021 - 2026) Analysis & Trends

Palmer Square Capital BDC (PSBD) has reported Operating Expenses for 6 consecutive years, with $15.3 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses fell 14.47% year-over-year to $15.3 million; the trailing twelve-month figure through Jun 2026 stood at $65.2 million (down 16.15% YoY), and the FY2025 full-year result was $70.9 million, down 12.39% from the prior year.
  • Operating Expenses was little changed at $15.3 million in Q2 2026 per PSBD's latest filing, from $15.2 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $21.6 million in Q3 2024 and bottomed at $5.9 million in Q1 2022.
  • Historically, Operating Expenses has averaged $15.1 million across 5 years, with a median of $15.2 million in 2026.
  • The sharpest annual moves came in 2022 and 2026: Operating Expenses soared 135.31% in 2022, then decreased 17.05% in 2026.
  • Over 5 years, Operating Expenses stood at $11.6 million in 2022, then rose by 26.84% to $14.7 million in 2023, then jumped by 36.46% to $20.1 million in 2024, then decreased by 16.57% to $16.8 million in 2025, then declined by 8.93% to $15.3 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $15.3 million, $15.2 million, and $16.8 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 14.12 Bn 13.74 Bn - 401.00 Mn
2 Blackstone Secured Lending Fund 5.63 Bn 5.37 Bn - 142.27 Mn
3 Blue Owl Capital 5.49 Bn 5.25 Bn - 224.46 Mn
4 Main Street Capital 5.20 Bn 5.15 Bn - 55.78 Mn
5 Blue Owl Technology Finance 4.94 Bn 4.73 Bn - 198.97 Mn
6 Hercules Capital 4.66 Bn 4.61 Bn - 61.10 Mn
7 FS KKR Capital 3.33 Bn 3.22 Bn - 179.00 Mn
8 Golub Capital Bdc 3.31 Bn 3.26 Bn - 102.51 Mn
9 PennantPark Floating Rate Capital 2.49 Bn -118.08 Mn - 40.19 Mn
10 Palmer Square Capital BDC 316.21 Mn 316.21 Mn - 15.26 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 15.26 Mn
Mar 31, 2026 15.18 Mn
Dec 31, 2025 16.75 Mn
Sep 30, 2025 18.04 Mn
Jun 30, 2025 17.84 Mn
Mar 31, 2025 18.30 Mn
Dec 31, 2024 20.08 Mn
Sep 30, 2024 21.58 Mn
Jun 30, 2024 20.79 Mn
Mar 31, 2024 18.52 Mn
Dec 31, 2023 14.71 Mn
Sep 30, 2023 14.24 Mn
Jun 30, 2023 13.50 Mn
Mar 31, 2023 12.83 Mn
Dec 31, 2022 11.60 Mn
Sep 30, 2022 9.77 Mn
Jun 30, 2022 7.22 Mn
Mar 31, 2022 5.87 Mn
Dec 31, 2021 5.86 Mn
Sep 30, 2021 4.15 Mn