Stellus Capital Investment (SCM) Operating Expenses (2021 - 2026)
Stellus Capital Investment's Operating Expenses came in at $14.81 million for Q2 2026, down 13.2% from $17.06 million a year earlier and down 6.3% from the prior quarter.
Stellus Capital Investment (SCM) Operating Expenses (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Stellus Capital Investment reported Operating Expenses of $65.71 million, unchanged year-over-year; for FY2025, it came in at $68.57 million, up 6.1% from FY2024.
- Operating Expenses has increased in each of the last five years, with a five-year compound annual growth rate of 14.6% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $64.63 million in FY2024 (+1.1%), $63.94 million in FY2023 (+37.4%), $46.53 million in FY2022 (+6.0%) and $43.9 million in FY2021 (+26.6%).
- The Q2 2026 figure represents the lowest quarterly Operating Expenses since Q4 2022.
- Year-over-year, Operating Expenses increased in four of the last eight quarters, with growth averaging 0.5%.
- The fastest year-over-year change in Operating Expenses over five years came in Q2 2023 (growth of 62.8%), and the weakest in Q2 2026 (a decline of 13.2%).
- Business Quant data shows SCM's Operating Expenses at $15.81 million (Q1 2026), $17.48 million (Q4 2025) and $17.61 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 2.50 Bn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 4.66 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 541.02 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 2.07 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 1.02 Bn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 1.33 Bn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 173.18 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 58.19 Mn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Stellus Capital Investment | 212.75 Mn | 170.16 Mn | - | 14.81 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.81 Mn |
| Mar 31, 2026 | 15.81 Mn |
| Dec 31, 2025 | 17.48 Mn |
| Sep 30, 2025 | 17.61 Mn |
| Jun 30, 2025 | 17.06 Mn |
| Mar 31, 2025 | 16.41 Mn |
| Dec 31, 2024 | 15.97 Mn |
| Sep 30, 2024 | 16.24 Mn |
| Jun 30, 2024 | 16.46 Mn |
| Mar 31, 2024 | 15.97 Mn |
| Dec 31, 2023 | 16.42 Mn |
| Sep 30, 2023 | 16.34 Mn |
| Jun 30, 2023 | 16.17 Mn |
| Mar 31, 2023 | 15.01 Mn |
| Dec 31, 2022 | 13.66 Mn |
| Sep 30, 2022 | 12.95 Mn |
| Jun 30, 2022 | 9.93 Mn |
| Mar 31, 2022 | 9.98 Mn |
| Dec 31, 2021 | 12.44 Mn |
| Sep 30, 2021 | 12.97 Mn |
Stellus Capital Investment Operating 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=operating-expenses&ticker=SCM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "SCM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=SCM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();