SWK Holdings (SWKHL) Operating Expenses (2010 - 2025)
SWK Holdings' (SWKHL) quarterly Operating Expenses came in at $5.4 million in Q4 2025, up 54.95% year-on-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 (SWKHL) Operating Expenses (2010 - 2025) Analysis & Trends
SWK Holdings (SWKHL) has 13 years of Operating Expenses data on file, last reported at $5.4 million in Q4 2025.
- On a quarterly basis, Operating Expenses rose 54.95% year-over-year to $5.4 million in Q4 2025; TTM through Dec 2025 was $16.3 million, a 312.91% increase from a year earlier, with the FY2025 full-year figure at $16.3 million, up 19.17% from the prior year.
- Operating Expenses for Q4 2025 stood at $5.4 million, up from $3.4 million in the prior quarter.
- Over the last five years, Operating Expenses for SWKHL reached as high as $6.9 million in Q3 2021 and fell as low as -$49.9 million in Q4 2021.
- Historically, Operating Expenses has averaged -$1.8 million across 5 years, with a median of $1.6 million in 2023.
- Across the five-year window, Operating Expenses sank 702.85% in 2021 and soared 1151.06% in 2024, its largest moves.
- Year by year, Operating Expenses stood at -$49.9 million in 2021, then jumped by 107.64% to $3.8 million in 2022, then slumped by 108.63% to -$329000.0 in 2023, then surged by 1151.06% to $3.5 million in 2024, then soared by 54.95% to $5.4 million in 2025.
- Per Business Quant data, the three most recent Operating Expenses figures were $5.4 million in Q4 2025, $3.4 million in Q3 2025, and $3.5 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | -14.14 Bn |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 3.88 Bn |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | 2.26 Bn |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | 4.68 Bn |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | 2.81 Bn |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 3.67 Bn |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | 1.51 Bn |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 3.12 Bn |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 1.18 Bn |
| 10 | SWK Holdings | 305.91 Mn | 263.14 Mn | - | 5.36 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |