SWK Holdings (SWKHL) Operating Expenses (2010 - 2025)
SWK Holdings (SWKHL) 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% quarter-over-quarter 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.
- Operating Expenses for Q4 2025 came in at $5.4 million, up 54.95% year-over-year; the trailing twelve-month figure through Dec 2025 was $16.3 million (up 312.91% YoY), and the FY2025 annual result was $16.3 million, up 19.17% from the prior year.
- Operating Expenses climbed to $5.4 million in Q4 2025 per SWKHL's latest filing, from $3.4 million in the prior quarter.
- Over five years, Operating Expenses peaked at $6.9 million in Q3 2021 and troughed at -$49.9 million in Q4 2021.
- A 5-year average of -$1.8 million and a median of $1.6 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2021 and 2024: Operating Expenses tumbled 702.85% in 2021, then surged 1151.06% in 2024.
- A 5-year view of Operating Expenses shows it stood at -$49.9 million in 2021, then jumped by 107.64% to $3.8 million in 2022, then sank 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.
- Business Quant data shows SWKHL's Operating Expenses at $5.4 million in Q4 2025, $3.4 million in Q3 2025, and $3.5 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 160.20 Bn | 150.57 Bn | - | 3.88 Bn |
| 2 | Blackstone | 96.40 Bn | 95.35 Bn | - | 2.26 Bn |
| 3 | Kkr | 85.87 Bn | 133.39 Bn | - | 3.87 Bn |
| 4 | Apollo Global Management | 79.90 Bn | 98.63 Bn | 5.04 Bn | 4.68 Bn |
| 5 | State Street | 46.62 Bn | 20.95 Bn | - | 2.81 Bn |
| 6 | Ameriprise Financial | 42.78 Bn | 42.65 Bn | 4.57 Bn | 3.67 Bn |
| 7 | Northern Trust | 32.35 Bn | 32.35 Bn | - | 1.51 Bn |
| 8 | Ares Management | 30.25 Bn | 33.62 Bn | - | 1.17 Bn |
| 9 | Raymond James Financial | 30.24 Bn | 18.99 Bn | - | 3.12 Bn |
| 10 | SWK Holdings | - | - | - | 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 |