WhiteHorse Finance (WHF) Operating Expenses (2021 - 2026)

WhiteHorse Finance (WHF) has 6 years of Operating Expenses data on file, last reported at $10.3 million in Q1 2026.

• Quarterly Operating Expenses fell 13.07% year-over-year to $10.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $44.6 million (down 14.23% YoY) and the FY2025 annual result came in at $46.1 million, down 15.35% from the prior year.
• Operating Expenses slipped to $10.3 million in Q1 2026 per WHF's latest filing, from $10.8 million in the prior quarter.
• Across five years, Operating Expenses topped out at $15.2 million in Q1 2023 and bottomed at $10.3 million in Q1 2026.
• The 5-year median for Operating Expenses is $12.8 million (2024), against an average of $12.9 million.
• The widest annual swing landed in 2023, when Operating Expenses jumped 34.95%; it then declined 17.5% in 2025.
• Tracing WHF's Operating Expenses over 5 years: stood at $14.4 million in 2022, then gained by 2.13% to $14.7 million in 2023, then slipped by 13.4% to $12.8 million in 2024, then dropped by 15.76% to $10.8 million in 2025, then dropped by 4.18% to $10.3 million in 2026.
• Per Business Quant, the three latest WHF Operating Expenses figures stand at $10.3 million (Q1 2026), $10.8 million (Q4 2025), and $11.4 million (Q3 2025).

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