Prospect Capital (PSEC) Operating Expenses (2021 - 2026)
Prospect Capital (PSEC) posted quarterly Operating Expenses of $77.1 million for Q1 2026, down 73.65% year-over-year from $292.7 million in Q1 2025, and down 9.4% quarter-over-quarter from $85.1 million in Q4 2025.
Prospect Capital (PSEC) Operating Expenses (2021 - 2026) Analysis & Trends
Prospect Capital (PSEC) has reported Operating Expenses for 6 consecutive years, with $77.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 73.65% year-over-year to $77.1 million; the TTM figure through Mar 2026 stood at $266.9 million (down 57.71% YoY), while the FY2025 annual figure was $380.6 million, down 13.86% from the prior year.
- Operating Expenses slipped to $77.1 million in Q1 2026 per PSEC's latest filing, from $85.1 million in the prior quarter.
- Across five years, Operating Expenses topped out at $332.5 million in Q1 2024 and bottomed at $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.
- Annual changes were most pronounced in 2024 — Operating Expenses jumped 196.63% — and 2026, when it sank 73.65%.
- Prospect Capital's Operating Expenses stood at $209.6 million in 2022, then grew by 7.17% to $224.6 million in 2023, then slipped by 8.54% to $205.5 million in 2024, then plunged by 58.58% to $85.1 million in 2025, then slipped by 9.4% to $77.1 million in 2026.
- Business Quant data shows PSEC's Operating Expenses at $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 | BlackRock | 176.99 Bn | 163.12 Bn | - | 4.62 Bn |
| 2 | Blackstone | 113.16 Bn | 110.65 Bn | - | 2.38 Bn |
| 3 | Kkr | 96.05 Bn | -181.02 Bn | - | 5.41 Bn |
| 4 | Brookfield | 92.54 Bn | 45.14 Bn | - | 14.94 Bn |
| 5 | Brookfield Asset Management | 82.31 Bn | 80.81 Bn | - | 659.00 Mn |
| 6 | Apollo Global Management | 77.14 Bn | 51.77 Bn | 10.54 Bn | 8.74 Bn |
| 7 | State Street | 50.64 Bn | 50.64 Bn | - | 2.66 Bn |
| 8 | Ameriprise Financial | 50.31 Bn | 39.27 Bn | 4.72 Bn | 3.50 Bn |
| 9 | Northern Trust | 33.61 Bn | 33.61 Bn | - | 1.64 Bn |
| 10 | Prospect Capital | 1.11 Bn | 1.08 Bn | - | 77.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |