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| 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 |