Growth Metrics

Sprott (SII) Operating Expenses (2020 - 2026)

Sprott recorded quarterly Operating Expenses of $101.0 million in Q1 2026, up 38.46% quarter-over-quarter from $73.0 million in Q4 2025, and up 265.85% year-over-year from $27.6 million in Q1 2025.

Sprott's Operating Expenses history runs 7 years deep, the most recent figure standing at $101.0 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 265.85% year-over-year to $101.0 million; the TTM figure through Mar 2026 stood at $268.1 million (up 141.48% YoY), while the FY2025 annual figure was $194.7 million, up 77.59% from the prior year.
  • Operating Expenses came in at $101.0 million for Q1 2026 at Sprott, up from $73.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $101.0 million in Q1 2026 to a low of $12.5 million in Q2 2023.
  • A 5-year average of $36.2 million and a median of $29.0 million in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses jumped 2505.64% in 2022 and sank 67.37% in 2023, its largest moves.
  • Sprott's Operating Expenses stood at $20.4 million in 2022, then jumped by 46.13% to $29.9 million in 2023, then declined by 12.52% to $26.1 million in 2024, then surged by 179.25% to $73.0 million in 2025, then jumped by 38.46% to $101.0 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $101.0 million, $73.0 million, and $47.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 3.88 Bn
2 Blackstone 92.68 Bn 91.63 Bn - 2.26 Bn
3 Kkr 84.94 Bn 132.45 Bn - 3.87 Bn
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 733.00 Mn
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 4.68 Bn
6 State Street 44.42 Bn 18.75 Bn - 2.81 Bn
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 3.67 Bn
8 Northern Trust 31.21 Bn 31.21 Bn - 1.51 Bn
9 Ares Management 28.85 Bn 32.22 Bn - 1.17 Bn
10 Sprott 151.27 Mn -23.29 Mn - 101.01 Mn

Historic Data

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DateValue
Mar 31, 2026 101.01 Mn
Dec 31, 2025 72.96 Mn
Sep 30, 2025 47.84 Mn
Jun 30, 2025 46.31 Mn
Mar 31, 2025 27.61 Mn
Dec 31, 2024 26.13 Mn
Sep 30, 2024 28.11 Mn
Jun 30, 2024 29.19 Mn
Mar 31, 2024 26.22 Mn
Dec 31, 2023 29.87 Mn
Sep 30, 2023 29.05 Mn
Jun 30, 2023 12.50 Mn
Mar 31, 2023 24.05 Mn
Dec 31, 2022 20.44 Mn
Sep 30, 2022 32.22 Mn
Jun 30, 2022 38.32 Mn
Mar 31, 2022 23.11 Mn
Dec 31, 2021 33.77 Mn
Sep 30, 2021 30.02 Mn
Jun 30, 2021 16.89 Mn
Mar 31, 2021 887,000.00
Dec 31, 2020 29.08 Mn
Sep 30, 2020 25.08 Mn
Jun 30, 2020 838,000.00
Mar 31, 2020 773,000.00