Ready Capital (RC) Accumulated Expenses (2015 - 2026)
Ready Capital's Accumulated Expenses was $26.97 million in Q3 2026, down 71.6% from $95.13 million a year earlier but up 2.8% from the prior quarter.
Ready Capital (RC) Accumulated Expenses (2015 - 2026) Analysis & Trends
At the end of FY2025, Accumulated Expenses at Ready Capital came in at $42.14 million, down 7.2% from FY2024.
- Accumulated Expenses shows a five-year compound annual growth rate of 27.2% (FY2020 to FY2025).
- In earlier years, Accumulated Expenses was $45.42 million in FY2024 (-29.6%), $64.5 million in FY2023 (+84.6%), $34.95 million in FY2022 (+59.8%) and $21.87 million in FY2021 (+72.8%).
- Quarterly Accumulated Expenses has moved between $8.18 million (Q3 2022) and $108.17 million (Q2 2025) over five years.
- Compared with a year earlier, Accumulated Expenses has declined for four straight quarters, with an average decline of 16.8% over the last eight quarters.
- The best year-over-year quarter for Accumulated Expenses over five years was Q3 2023 (growth of 564.8%); the worst was Q2 2026 (a decline of 75.7%).
- Per Business Quant data, RC's Accumulated Expenses in the three quarters before Q3 2026 was $26.24 million (Q2 2026), $25.95 million (Q1 2026) and $42.14 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - |
| 10 | Ready Capital | 135.44 Mn | -449.48 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 26.97 Mn |
| Jun 30, 2026 | 26.24 Mn |
| Mar 31, 2026 | 25.95 Mn |
| Dec 31, 2025 | 42.14 Mn |
| Sep 30, 2025 | 95.13 Mn |
| Jun 30, 2025 | 108.17 Mn |
| Mar 31, 2025 | 78.88 Mn |
| Dec 31, 2024 | 45.42 Mn |
| Sep 30, 2024 | 73.41 Mn |
| Jun 30, 2024 | 65.50 Mn |
| Mar 31, 2024 | 64.44 Mn |
| Dec 31, 2023 | 64.50 Mn |
| Sep 30, 2023 | 54.40 Mn |
| Dec 31, 2022 | 34.95 Mn |
| Sep 30, 2022 | 8.18 Mn |
| Dec 31, 2021 | 21.87 Mn |
| Dec 31, 2020 | 12.66 Mn |
| Sep 30, 2020 | 10.27 Mn |
| Jun 30, 2020 | 9.33 Mn |
| Dec 31, 2019 | 10.58 Mn |
Ready Capital Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=RC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "RC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=RC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();