Sachem Capital (SACH) Operating Expenses (2016 - 2026)
Sachem Capital's (SACH) quarterly Operating Expenses came in at $5.7 million in Q1 2026, up 73.07% year-on-year from $3.3 million in Q1 2025, and up 129.19% on a QoQ basis from -$19.4 million in Q4 2025.
Sachem Capital (SACH) Operating Expenses (2016 - 2026) Analysis & Trends
Sachem Capital (SACH) has 11 years of Operating Expenses data on file, last reported at $5.7 million in Q1 2026.
- On a quarterly basis, Operating Expenses rose 73.07% year-over-year to $5.7 million in Q1 2026; TTM through Mar 2026 was $8.3 million, a 30.14% increase from a year earlier, with the FY2025 full-year figure at $13.1 million, down 16.43% from the prior year.
- Operating Expenses for Q1 2026 stood at $5.7 million, up from -$19.4 million in the prior quarter.
- Over the last five years, Operating Expenses for SACH reached as high as $19.6 million in Q3 2024 and fell as low as -$34.7 million in Q4 2024.
- Historically, Operating Expenses has averaged $6.3 million across 5 years, with a median of $9.6 million in 2022.
- Across the five-year window, Operating Expenses jumped 101.04% in 2022 and tumbled 292.77% in 2024, its largest moves.
- Year by year, Operating Expenses stood at $9.6 million in 2022, then jumped by 87.48% to $18.0 million in 2023, then tumbled by 292.77% to -$34.7 million in 2024, then jumped by 44.16% to -$19.4 million in 2025, then jumped by 129.19% to $5.7 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $5.7 million in Q1 2026, -$19.4 million in Q4 2025, and $12.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - | 63.74 Mn |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | 34.00 Mn |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | 480.31 Mn |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | 1.24 Bn |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | 110.77 Mn |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | 80.37 Mn |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - | 21.25 Mn |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - | 17.16 Mn |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - | 49.45 Mn |
| 10 | Sachem Capital | 38.21 Mn | 25.85 Mn | - | 5.66 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.66 Mn |
| Dec 31, 2025 | -19.39 Mn |
| Sep 30, 2025 | 12.37 Mn |
| Jun 30, 2025 | 9.71 Mn |
| Mar 31, 2025 | 3.27 Mn |
| Dec 31, 2024 | -34.73 Mn |
| Sep 30, 2024 | 19.61 Mn |
| Jun 30, 2024 | 18.26 Mn |
| Mar 31, 2024 | 12.53 Mn |
| Dec 31, 2023 | 18.02 Mn |
| Sep 30, 2023 | 11.35 Mn |
| Jun 30, 2023 | 10.33 Mn |
| Mar 31, 2023 | 9.59 Mn |
| Dec 31, 2022 | 9.61 Mn |
| Sep 30, 2022 | 8.49 Mn |
| Jun 30, 2022 | 7.32 Mn |
| Mar 31, 2022 | 5.95 Mn |
| Dec 31, 2021 | 5.19 Mn |
| Sep 30, 2021 | 4.22 Mn |
| Jun 30, 2021 | 4.18 Mn |