WhiteHorse Finance (WHF) Operating Income (2021 - 2026)
WhiteHorse Finance (WHF) posted quarterly Operating Income of $5.7 million for Q1 2026, down 17.56% year-over-year from $6.9 million in Q1 2025, and down 13.26% quarter-over-quarter from $6.6 million in Q4 2025.
WhiteHorse Finance (WHF) Operating Income (2021 - 2026) Analysis & Trends
WhiteHorse Finance (WHF) has reported Operating Income for 6 consecutive years, with $5.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Income fell 17.56% year-over-year to $5.7 million; the TTM figure through Mar 2026 stood at $25.2 million (down 23.88% YoY), while the FY2025 annual figure was $26.1 million, down 29.88% from the prior year.
- Operating Income slipped to $5.7 million in Q1 2026 per WHF's latest filing, from $6.6 million in the prior quarter.
- Across five years, Operating Income topped out at $11.1 million in Q1 2024 and bottomed at $5.7 million in Q1 2026.
- Historically, Operating Income has averaged $8.8 million across 5 years, with a median of $9.4 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Income jumped 40.58% — and 2025, when it sank 37.44%.
- WhiteHorse Finance's Operating Income stood at $10.5 million in 2022, then fell by 5.26% to $9.9 million in 2023, then slipped by 28.25% to $7.1 million in 2024, then declined by 7.3% to $6.6 million in 2025, then slipped by 13.26% to $5.7 million in 2026.
- Business Quant data shows WHF's Operating Income at $5.7 million in Q1 2026, $6.6 million in Q4 2025, and $6.3 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 176.99 Bn | 163.12 Bn | - | 2.46 Bn |
| 2 | Blackstone | 113.16 Bn | 110.65 Bn | - | - |
| 3 | Kkr | 96.05 Bn | -181.02 Bn | - | 2.04 Bn |
| 4 | Brookfield | 92.54 Bn | 45.14 Bn | - | - |
| 5 | Brookfield Asset Management | 82.31 Bn | 80.81 Bn | - | - |
| 6 | Apollo Global Management | 77.14 Bn | 51.77 Bn | 10.54 Bn | 5.35 Bn |
| 7 | State Street | 50.64 Bn | 50.64 Bn | - | - |
| 8 | Ameriprise Financial | 50.31 Bn | 39.27 Bn | 4.72 Bn | 1.22 Bn |
| 9 | Northern Trust | 33.61 Bn | 33.61 Bn | - | - |
| 10 | WhiteHorse Finance | 155.75 Mn | 147.28 Mn | - | 4.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.72 Mn |
| Mar 31, 2026 | 5.73 Mn |
| Dec 31, 2025 | 6.60 Mn |
| Sep 30, 2025 | 6.29 Mn |
| Jun 30, 2025 | 6.56 Mn |
| Mar 31, 2025 | 6.95 Mn |
| Dec 31, 2024 | 7.12 Mn |
| Sep 30, 2024 | 9.45 Mn |
| Jun 30, 2024 | 9.56 Mn |
| Mar 31, 2024 | 11.11 Mn |
| Dec 31, 2023 | 9.93 Mn |
| Sep 30, 2023 | 10.81 Mn |
| Jun 30, 2023 | 10.59 Mn |
| Mar 31, 2023 | 10.95 Mn |
| Dec 31, 2022 | 10.48 Mn |
| Sep 30, 2022 | 9.96 Mn |
| Jun 30, 2022 | 8.05 Mn |
| Mar 31, 2022 | 8.76 Mn |
| Dec 31, 2021 | 7.46 Mn |
| Sep 30, 2021 | 7.89 Mn |