Growth Metrics

SWK Holdings (SWKH) Operating Expenses (2010 - 2025)

SWK Holdings (SWKH) reported Operating Expenses of $5.4 million for Q4 2025, up 54.95% year-over-year from $3.5 million in Q4 2024, and up 56.07% on a QoQ basis from $3.4 million in Q3 2025.

SWK Holdings (SWKH) has 13 years of Operating Expenses data on file, last reported at $5.4 million in Q4 2025.

  • Quarterly Operating Expenses rose 54.95% year-over-year to $5.4 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $16.3 million (up 312.91% YoY) and the FY2025 annual result came in at $16.3 million, up 19.17% from the prior year.
  • Operating Expenses improved to $5.4 million in Q4 2025 per SWKH's latest filing, from $3.4 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $6.9 million in Q3 2021 and bottomed at -$49.9 million in Q4 2021.
  • The 5-year median for Operating Expenses is $1.6 million (2023), against an average of -$1.8 million.
  • The widest annual swing landed in 2021, when Operating Expenses sank 702.85%; it then soared 1151.06% in 2024.
  • Tracing SWKH's Operating Expenses over 5 years: stood at -$49.9 million in 2021, then surged by 107.64% to $3.8 million in 2022, then tumbled by 108.63% to -$329000.0 in 2023, then soared by 1151.06% to $3.5 million in 2024, then jumped by 54.95% to $5.4 million in 2025.
  • Per Business Quant, the three latest SWKH Operating Expenses figures stand at $5.4 million (Q4 2025), $3.4 million (Q3 2025), and $3.5 million (Q2 2025).

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 SWK Holdings 193.38 Mn 150.61 Mn - 5.36 Mn

Historic Data

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DateValue
Dec 31, 2025 5.36 Mn
Sep 30, 2025 3.43 Mn
Jun 30, 2025 3.49 Mn
Mar 31, 2025 4.04 Mn
Dec 31, 2024 3.46 Mn
Sep 30, 2024 3.58 Mn
Jun 30, 2024 -1.61 Mn
Mar 31, 2024 -1.47 Mn
Dec 31, 2023 -329,000.00
Sep 30, 2023 -4.33 Mn
Jun 30, 2023 -4.67 Mn
Mar 31, 2023 -5.32 Mn
Dec 31, 2022 3.81 Mn
Sep 30, 2022 -6.76 Mn
Jun 30, 2022 -1.74 Mn
Mar 31, 2022 -5.29 Mn
Dec 31, 2021 -49.89 Mn
Sep 30, 2021 6.93 Mn
Jun 30, 2021 5.66 Mn
Mar 31, 2021 6.26 Mn
Dec 31, 2020 8.28 Mn
Sep 30, 2020 6.67 Mn
Jun 30, 2020 9.05 Mn
Mar 31, 2020 7.96 Mn
Dec 31, 2016 495,000.00
Sep 30, 2016 617,000.00
Dec 31, 2015 4.29 Mn
Sep 30, 2015 11.82 Mn
Jun 30, 2015 3.54 Mn
Mar 31, 2015 1.60 Mn
Dec 31, 2014 759,000.00
Sep 30, 2014 1.27 Mn
Jun 30, 2014 965,000.00
Mar 31, 2014 669,000.00
Dec 31, 2013 469,000.00
Sep 30, 2013 463,000.00
Jun 30, 2013 424,000.00
Mar 31, 2013 390,000.00
Dec 31, 2012 383,000.00
Sep 30, 2012 846,000.00
Jun 30, 2012 711,000.00
Mar 31, 2012 300,000.00
Dec 31, 2011 494,000.00
Sep 30, 2011 364,000.00
Jun 30, 2011 311,000.00
Mar 31, 2011 377,000.00
Dec 31, 2010 362,000.00
Sep 30, 2010 381,000.00
Jun 30, 2010 352,000.00