BlackRock TCP Capital (TCPC) Operating Expenses (2021 - 2026)

BlackRock TCP Capital (TCPC) has 6 years of Operating Expenses data on file, last reported at $24.1 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 1.77% year-over-year to $24.1 million; the trailing twelve-month figure through Mar 2026 stood at $92.4 million (down 25.12% YoY), and the FY2025 full-year result was $92.0 million, down 27.68% from the prior year.
• Operating Expenses for Q1 2026 stood at $24.1 million, up from $21.2 million in the prior quarter.
• Across five years, Operating Expenses topped out at $37.1 million in Q3 2024 and bottomed at $21.2 million in Q4 2025.
• The 5-year median for Operating Expenses is $24.1 million (2026), against an average of $25.8 million.
• The widest annual swing landed in 2024, when Operating Expenses jumped 43.19%; it then sank 37.3% in 2025.
• A 5-year view of Operating Expenses shows it stood at $23.7 million in 2022, then advanced by 7.28% to $25.4 million in 2023, then advanced by 6.08% to $26.9 million in 2024, then retreated by 21.39% to $21.2 million in 2025, then gained by 13.85% to $24.1 million in 2026.
• The last three Operating Expenses figures came in at $24.1 million (Q1 2026), $21.2 million (Q4 2025), and $23.2 million (Q3 2025), per Business Quant data.

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