Prospect Capital (PSEC) Operating Expenses (2021 - 2026)
Prospect Capital's (PSEC) quarterly Operating Expenses came in at $31.4 million in Q2 2026, up 18.98% year-over-year from $26.4 million in Q2 2025, and down 87.36% quarter-over-quarter from $248.4 million in Q1 2026.
Analysis
Prospect Capital (PSEC) Operating Expenses (2021 - 2026) Analysis & Trends
Prospect Capital (PSEC) has reported Operating Expenses for 6 consecutive years, with $31.4 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 18.98% year-over-year to $31.4 million in Q2 2026; TTM through Jun 2026 was $521.4 million, a 17.36% decrease from a year earlier, with the FY2026 full-year figure at $330.2 million, down 13.24% from the prior year.
- Operating Expenses was $31.4 million for Q2 2026 at Prospect Capital, down from $248.4 million in the prior quarter.
- Over five years, Operating Expenses peaked at $332.5 million in Q1 2024 and troughed at $26.4 million in Q2 2025.
- A 5-year average of $164.0 million and a median of $163.4 million in 2025 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses retreated 26.46% in 2025 and increased 18.98% in 2026, its largest moves.
- Over 5 years, Operating Expenses stood at $209.6 million in 2022, then advanced by 7.17% to $224.6 million in 2023, then retreated by 8.54% to $205.5 million in 2024, then dropped by 20.48% to $163.4 million in 2025, then sank by 80.79% to $31.4 million in 2026.
- The last three Operating Expenses figures came in at $31.4 million (Q2 2026), $248.4 million (Q1 2026), and $163.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.09 Bn | 13.70 Bn | - | 401.00 Mn |
| 2 | Blackstone Secured Lending Fund | 5.63 Bn | 5.36 Bn | - | 142.27 Mn |
| 3 | Blue Owl Capital | 5.47 Bn | 5.23 Bn | - | 224.46 Mn |
| 4 | Main Street Capital | 5.21 Bn | 5.16 Bn | - | 55.78 Mn |
| 5 | Blue Owl Technology Finance | 4.92 Bn | 4.71 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 | 3.30 Bn | 3.25 Bn | - | 102.51 Mn |
| 9 | PennantPark Floating Rate Capital | 2.49 Bn | -118.08 Mn | - | 40.19 Mn |
| 10 | Prospect Capital | 1.05 Bn | 1.01 Bn | - | 31.39 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.39 Mn |
| Mar 31, 2026 | 248.37 Mn |
| Dec 31, 2025 | 163.39 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 | 33.09 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 |