SHF Holdings (SHFS) Operating Expenses (2024 - 2026)
SHF Holdings (SHFS) posted Operating Expenses of $2.96 million for Q2 2026, up 5.1% from $2.82 million a year earlier but down 20.8% from the prior quarter.
Powered by 
Analysis
SHF Holdings (SHFS) Operating Expenses (2024 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at SHF Holdings was $13.03 million, down 39.7% year-over-year; for FY2025, it was $13.07 million, down 41.5% from FY2024.
- In prior years, SHF Holdings' Operating Expenses was $22.33 million in FY2024.
- Quarterly Operating Expenses has run from a low of $2.82 million in Q2 2025 to a high of $11.57 million in Q4 2024 over five years.
- On a year-over-year basis, Operating Expenses increased in two of the last six quarters, with an average decline of 16.4%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $3.74 million (Q1 2026), $3.28 million (Q4 2025) and $3.05 million (Q3 2025).
Peer Set
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 | SHF Holdings | 1.51 Mn | -19.22 Mn | - | 2.96 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.96 Mn |
| Mar 31, 2026 | 3.74 Mn |
| Dec 31, 2025 | 3.28 Mn |
| Sep 30, 2025 | 3.05 Mn |
| Jun 30, 2025 | 2.82 Mn |
| Mar 31, 2025 | 3.92 Mn |
| Dec 31, 2024 | 11.57 Mn |
| Sep 30, 2024 | 3.31 Mn |
| Jun 30, 2024 | 3.74 Mn |
| Mar 31, 2024 | 3.73 Mn |
API Access
SHF Holdings 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=SHFS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "SHFS", "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=SHFS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();