Sachem Capital (SACH) Operating Expenses (2016 - 2026)
Sachem Capital (SACH) posted quarterly Operating Expenses of $5.7 million for Q1 2026, up 73.07% year-over-year from $3.3 million in Q1 2025, and up 129.19% quarter-over-quarter from -$19.4 million in Q4 2025.
Sachem Capital (SACH) Operating Expenses (2016 - 2026) Analysis & Trends
Sachem Capital (SACH) has reported Operating Expenses for 11 consecutive years, with $5.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 73.07% year-over-year to $5.7 million; the TTM figure through Mar 2026 stood at $8.3 million (up 30.14% YoY), while the FY2025 annual figure was $13.1 million, down 16.43% from the prior year.
- Operating Expenses grew to $5.7 million in Q1 2026 per SACH's latest filing, from -$19.4 million in the prior quarter.
- Across five years, Operating Expenses topped out at $19.6 million in Q3 2024 and bottomed at -$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.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 101.04% — and 2024, when it sank 292.77%.
- Sachem Capital's Operating Expenses stood at $9.6 million in 2022, then surged by 87.48% to $18.0 million in 2023, then tumbled by 292.77% to -$34.7 million in 2024, then surged by 44.16% to -$19.4 million in 2025, then surged by 129.19% to $5.7 million in 2026.
- Business Quant data shows SACH's Operating Expenses at $5.7 million in Q1 2026, -$19.4 million in Q4 2025, and $12.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | 71.74 Mn |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | 30.00 Mn |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | 524.77 Mn |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | 1.28 Bn |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | 16.21 Mn |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | 111.00 Mn |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | 17.16 Mn |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | 76.02 Mn |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | 6.76 Mn |
| 10 | Sachem Capital | 37.12 Mn | 7.50 Mn | - | 5.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.86 Mn |
| 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 |