SWK Holdings (SWKHL) Operating Expenses (2010 - 2025)
SWK Holdings (SWKHL) reported Operating Expenses of $5.36 million for Q4 2025, up 54.9% from $3.46 million a year earlier and up 56.1% from the prior quarter.
SWK Holdings (SWKHL) Operating Expenses (2010 - 2025) Analysis & Trends
For FY2025, SWK Holdings posted Operating Expenses of $16.31 million, up 19.2% from FY2024.
- Operating Expenses has a five-year compound annual growth rate of -12.6% (FY2020 to FY2025).
- By year, Operating Expenses came in at $13.69 million in FY2024, -$14.65 million in FY2023, -$9.97 million in FY2022 and -$31.04 million in FY2021.
- The Q4 2025 figure ranks as the highest quarterly Operating Expenses since Q3 2021.
- Per Business Quant data, the three quarters before Q4 2025 came in at $3.43 million (Q3 2025), $3.49 million (Q2 2025) and $4.04 million (Q1 2025).
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 | SWK Holdings | 302.88 Mn | 212.10 Mn | - | 5.36 Mn |
Historic 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 |
SWK 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=SWKHL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "SWKHL", "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=SWKHL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();