Burford Capital annual operating expenses
2018
2019
2020
2021
2022
2023
2024
2025
Burford Capital Operating Expenses Growth & History (BUR)
Burford Capital's operating expenses was $181.2M for fiscal 2025.
View full Burford Capital company overviewBurford Capital annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $181.2M | $25.8M | +16.57% |
| 2024 | 2024-12-31 | $155.5M | −$115.8M | −42.68% |
| 2023 | 2023-12-31 | $271.2M | $147.0M | +118.26% |
| 2022 | 2022-12-31 | $124.3M | −$24.5M | −16.45% |
| 2021 | 2021-12-31 | $148.7M | $29.7M | +24.91% |
| 2020 | 2020-12-31 | $119.1M | −$19.0M | −13.75% |
| 2019 | 2019-12-31 | $138.1M | $66.2M | +92.21% |
| 2018 | 2018-12-31 | $71.8M | — | — |
Burford Capital quarterly operating expenses
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $47.4M | −$1.6M | −3.31% |
| Q1 2026 | 2026-03-31 | $150.1M | $109.0M | +265.19% |
| Q4 2025 | 2025-12-31 | $46.1M | $5.8M | +14.30% |
| Q3 2025 | 2025-09-30 | $45.0M | −$1.9M | −4.00% |
| Q2 2025 | 2025-06-30 | $49.1M | $10.9M | +28.61% |
| Q1 2025 | 2025-03-31 | $41.1M | $11.0M | +36.38% |
| Q4 2024 | 2024-12-31 | $40.3M | — | — |
| Q3 2024 | 2024-09-30 | $46.9M | — | — |
| Q2 2024 | 2024-06-30 | $38.2M | — | — |
| Q1 2024 | 2024-03-31 | $30.1M | — | — |
Burford Capital operating expenses trends
Over the last five fiscal years, Burford Capital's operating expenses increased from $119.1M to $181.2M, a change of $62.2M. The latest reported quarter, Q2 2026, shows $47.4M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Burford Capital source filings ↗