Cartesian Growth (RENEF) Accumulated Expenses (2021 - 2026)
Cartesian Growth's Accumulated Expenses came in at $1.93 million for Q2 2026, up 27.9% from $1.51 million a year earlier and up 16.3% from the prior quarter.
Cartesian Growth (RENEF) Accumulated Expenses (2021 - 2026) Analysis & Trends
At the end of FY2025, Cartesian Growth's Accumulated Expenses was $1.53 million, up 11.3% from FY2024.
- Accumulated Expenses has increased in each of the last three years, with a four-year compound annual growth rate of 49.9% (FY2021 to FY2025).
- Going back by year, Accumulated Expenses was $1.38 million in FY2024 (+11.8%), $1.23 million in FY2023 (+726.7%), $148,911 in FY2022 (-51.0%) and $303,895 in FY2021.
- The Q2 2026 figure represents the highest quarterly Accumulated Expenses in data going back to Q4 2021.
- Year-over-year, Accumulated Expenses has increased for 13 consecutive quarters, with growth averaging 76.0% over the last eight quarters.
- The fastest year-over-year change in Accumulated Expenses over five years came in Q4 2023 (growth of 726.7%), and the weakest in Q4 2022 (a decline of 51.0%).
- Business Quant data shows RENEF's Accumulated Expenses at $1.66 million (Q1 2026), $1.53 million (Q4 2025) and $1.46 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 165.40 Bn | 111.76 Bn | - |
| 2 | Spdr Gold Trust | 133.61 Bn | -424.39 Bn | - |
| 3 | Blackstone | 84.03 Bn | 78.95 Bn | - |
| 4 | Brookfield | 82.79 Bn | -82.59 Bn | 4.47 Bn |
| 5 | Kkr | 80.75 Bn | 47.23 Bn | - |
| 6 | Brookfield Asset Management | 71.44 Bn | 67.69 Bn | - |
| 7 | Apollo Global Management | 66.43 Bn | 4.11 Bn | 10.56 Bn |
| 8 | Wheaton Precious Metals | 61.87 Bn | 57.29 Bn | 687.86 Mn |
| 9 | Franco Nevada | 46.42 Bn | 43.78 Bn | 451.00 Mn |
| 10 | Cartesian Growth | 146.16 Mn | 146.16 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.93 Mn |
| Mar 31, 2026 | 1.66 Mn |
| Dec 31, 2025 | 1.53 Mn |
| Sep 30, 2025 | 1.46 Mn |
| Jun 30, 2025 | 1.51 Mn |
| Mar 31, 2025 | 1.42 Mn |
| Dec 31, 2024 | 1.38 Mn |
| Sep 30, 2024 | 1.29 Mn |
| Jun 30, 2024 | 1.25 Mn |
| Mar 31, 2024 | 1.23 Mn |
| Dec 31, 2023 | 1.23 Mn |
| Sep 30, 2023 | 218,146.00 |
| Jun 30, 2023 | 301,318.00 |
| Mar 31, 2023 | 224,804.00 |
| Dec 31, 2022 | 148,911.00 |
| Sep 30, 2022 | 162,264.00 |
| Jun 30, 2022 | 153,639.00 |
| Mar 31, 2022 | 344,930.00 |
| Dec 31, 2021 | 303,895.00 |
Cartesian Growth 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=RENEF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "RENEF", "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=RENEF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();