Prospect Capital (PSEC) Operating Expenses (2021 - 2026)
Prospect Capital (PSEC) reported Operating Expenses of $77.1 million for Q1 2026, down 11.6% year-over-year from $87.2 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 6 years of Operating Expenses data on file, last reported at $77.1 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $77.1 million, down 11.6% year-over-year; the trailing twelve-month figure through Mar 2026 was $266.9 million (down 14.51% YoY), and the FY2025 annual result was $380.6 million, down 13.86% from the prior year.
- Operating Expenses declined to $77.1 million in Q1 2026 per PSEC's latest filing, from $85.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $114.0 million in Q4 2023 and troughed at $8.9 million in Q2 2023.
- A 5-year average of $83.6 million and a median of $96.7 million in 2022 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses soared 117.97% in 2024, then decreased 26.46% in 2025.
- A 5-year view of Operating Expenses shows it stood at $106.2 million in 2022, then advanced by 7.35% to $114.0 million in 2023, then retreated by 13.14% to $99.0 million in 2024, then decreased by 14.06% to $85.1 million in 2025, then decreased 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 | 163.18 Bn | 153.56 Bn | - | 3.88 Bn |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 2.26 Bn |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 3.87 Bn |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 4.68 Bn |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 2.81 Bn |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 3.67 Bn |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 1.51 Bn |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 3.12 Bn |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 1.17 Bn |
| 10 | Prospect Capital | - | - | - | 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 | 87.23 Mn |
| Dec 31, 2024 | 99.04 Mn |
| Sep 30, 2024 | 106.43 Mn |
| Jun 30, 2024 | 19.49 Mn |
| Mar 31, 2024 | 107.84 Mn |
| Dec 31, 2023 | 114.02 Mn |
| Sep 30, 2023 | 110.63 Mn |
| Jun 30, 2023 | 8.94 Mn |
| Mar 31, 2023 | 112.94 Mn |
| Dec 31, 2022 | 106.21 Mn |
| Sep 30, 2022 | 103.41 Mn |
| Mar 31, 2022 | 94.43 Mn |
| Dec 31, 2021 | 89.82 Mn |
| Sep 30, 2021 | 88.11 Mn |