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

BlackRock TCP Capital (TCPC) has reported Operating Expenses for 6 consecutive years, with $21.9 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses fell 14.83% year-over-year to $21.9 million; the trailing twelve-month figure through Jun 2026 stood at $94.0 million (down 18.38% YoY), and the FY2025 full-year result was $99.2 million, down 21.95% from the prior year.
• Operating Expenses declined to $21.9 million in Q2 2026 per TCPC's latest filing, from $24.1 million in the prior quarter.
• Across five years, Operating Expenses topped out at $37.1 million in Q3 2024 and bottomed at $21.9 million in Q2 2026.
• Historically, Operating Expenses has averaged $26.0 million across 5 years, with a median of $25.2 million in 2023.
• The sharpest annual moves came in 2024 and 2025: Operating Expenses surged 43.19% in 2024, then plunged 32.31% in 2025.
• Over 5 years, Operating Expenses stood at $23.7 million in 2022, then climbed by 7.28% to $25.4 million in 2023, then climbed by 6.08% to $26.9 million in 2024, then fell by 14.77% to $23.0 million in 2025, then declined by 4.68% to $21.9 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $21.9 million, $24.1 million, and $23.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.