Prospect Capital (PSEC) Operating Expenses (2021 - 2026)

Prospect Capital's (PSEC) quarterly Operating Expenses came in at $77.1 million in Q1 2026, down 73.65% year-on-year from $292.7 million in Q1 2025, and down 9.4% on a QoQ basis from $85.1 million in Q4 2025.

Prospect Capital (PSEC) Operating Expenses (2021 - 2026) Analysis & Trends

Prospect Capital (PSEC) has 6 years of Operating Expenses data on file, last reported at $77.1 million in Q1 2026.

  • On a quarterly basis, Operating Expenses fell 73.65% year-over-year to $77.1 million in Q1 2026; TTM through Mar 2026 was $266.9 million, a 57.71% decrease from a year earlier, with the FY2025 full-year figure at $380.6 million, down 13.86% from the prior year.
  • Operating Expenses for Q1 2026 stood at $77.1 million, down from $85.1 million in the prior quarter.
  • Over the last five years, Operating Expenses for PSEC reached as high as $332.5 million in Q1 2024 and fell as low as $8.9 million in Q2 2023.
  • Historically, Operating Expenses has averaged $155.2 million across 5 years, with a median of $108.5 million in 2023.
  • Across the five-year window, Operating Expenses surged 196.63% in 2024 and tumbled 73.65% in 2026, its largest moves.
  • Year by year, Operating Expenses stood at $209.6 million in 2022, then rose by 7.17% to $224.6 million in 2023, then declined by 8.54% to $205.5 million in 2024, then plunged by 58.58% to $85.1 million in 2025, then declined by 9.4% to $77.1 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $77.1 million in Q1 2026, $85.1 million in Q4 2025, and $78.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -14.14 Bn
2 BlackRock 161.01 Bn 148.08 Bn - 3.88 Bn
3 Blackstone 97.77 Bn 96.72 Bn - 2.26 Bn
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 4.68 Bn
5 State Street 51.30 Bn 51.30 Bn - 2.81 Bn
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 3.67 Bn
7 Northern Trust 32.93 Bn 32.93 Bn - 1.51 Bn
8 Raymond James Financial 32.59 Bn 17.67 Bn - 3.12 Bn
9 Price T Rowe 24.70 Bn 21.13 Bn - 1.18 Bn
10 Prospect Capital 1.02 Bn 985.42 Mn - 77.11 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 77.11 Mn
Dec 31, 2025 85.11 Mn
Sep 30, 2025 78.27 Mn
Jun 30, 2025 26.38 Mn
Mar 31, 2025 292.69 Mn
Dec 31, 2024 205.47 Mn
Sep 30, 2024 106.43 Mn
Jun 30, 2024 26.53 Mn
Mar 31, 2024 332.49 Mn
Dec 31, 2023 224.65 Mn
Sep 30, 2023 110.63 Mn
Jun 30, 2023 8.94 Mn
Mar 31, 2023 322.56 Mn
Dec 31, 2022 209.62 Mn
Sep 30, 2022 103.41 Mn
Mar 31, 2022 272.35 Mn
Dec 31, 2021 177.92 Mn
Sep 30, 2021 88.11 Mn