Ellington Credit Operating Expenses Growth & History (EARN)
Ellington Credit's operating expenses was $8.8M for fiscal 2024.
View full Ellington Credit company overviewEllington Credit annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | $8.8M | $3.2M | +58.70% |
| 2023 | 2023-12-31 | $5.5M | $407,000 | +7.94% |
| 2022 | 2022-12-31 | $5.1M | −$624,000 | −10.85% |
| 2021 | 2021-12-31 | $5.8M | −$74,000 | −1.27% |
| 2020 | 2020-12-31 | $5.8M | $538,000 | +10.17% |
| 2019 | 2019-12-31 | $5.3M | −$220,000 | −3.99% |
| 2018 | 2018-12-31 | $5.5M | −$194,000 | −3.40% |
| 2017 | 2017-12-31 | $5.7M | $693,000 | +13.84% |
| 2016 | 2016-12-31 | $5.0M | −$136,000 | −2.64% |
| 2015 | 2015-12-31 | $5.1M | −$607,000 | −10.55% |
| 2014 | 2014-12-31 | $5.8M | $1.4M | +32.96% |
| 2013 | 2013-12-31 | $4.3M | — | — |
Ellington Credit quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-03-31 | $2.6M | $955,000 | +58.70% |
| Q4 2024 | 2024-12-31 | $2.3M | $894,000 | +65.07% |
| Q3 2024 | 2024-09-30 | $2.7M | $1.4M | +100.96% |
| Q2 2024 | 2024-06-30 | $2.2M | $664,000 | +44.27% |
| Q1 2024 | 2024-03-31 | $1.6M | $322,000 | +24.67% |
| Q4 2023 | 2023-12-31 | $1.4M | $103,000 | +8.10% |
| Q3 2023 | 2023-09-30 | $1.4M | $126,000 | +10.24% |
| Q2 2023 | 2023-06-30 | $1.5M | $194,000 | +14.85% |
| Q1 2023 | 2023-03-31 | $1.3M | −$16,000 | −1.21% |
| Q4 2022 | 2022-12-31 | $1.3M | −$41,000 | −3.13% |
| Q3 2022 | 2022-09-30 | $1.2M | −$212,000 | −14.70% |
| Q2 2022 | 2022-06-30 | $1.3M | −$227,000 | −14.81% |
| Q1 2022 | 2022-03-31 | $1.3M | −$144,000 | −9.83% |
| Q4 2021 | 2021-12-31 | $1.3M | −$88,000 | −6.29% |
| Q3 2021 | 2021-09-30 | $1.4M | $36,000 | +2.56% |
| Q2 2021 | 2021-06-30 | $1.5M | −$199,000 | −11.49% |
| Q1 2021 | 2021-03-31 | $1.5M | $177,000 | +13.74% |
| Q4 2020 | 2020-12-31 | $1.4M | $125,000 | +9.80% |
| Q3 2020 | 2020-09-30 | $1.4M | $61,000 | +4.54% |
| Q2 2020 | 2020-06-30 | $1.7M | $432,000 | +33.23% |
| Q1 2020 | 2020-03-31 | $1.3M | −$80,000 | −5.85% |
| Q4 2019 | 2019-12-31 | $1.3M | $43,000 | +3.49% |
| Q3 2019 | 2019-09-30 | $1.3M | $13,000 | +0.98% |
| Q2 2019 | 2019-06-30 | $1.3M | −$127,000 | −8.90% |
| Q1 2019 | 2019-03-31 | $1.4M | −$149,000 | −9.82% |
| Q4 2018 | 2018-12-31 | $1.2M | −$280,000 | −18.52% |
| Q3 2018 | 2018-09-30 | $1.3M | −$149,000 | −10.06% |
| Q2 2018 | 2018-06-30 | $1.4M | −$10,000 | −0.70% |
| Q1 2018 | 2018-03-31 | $1.5M | $245,000 | +19.26% |
| Q4 2017 | 2017-12-31 | $1.5M | $380,000 | +33.57% |
| Q3 2017 | 2017-09-30 | $1.5M | $227,000 | +18.10% |
| Q2 2017 | 2017-06-30 | $1.4M | $165,000 | +12.97% |
| Q1 2017 | 2017-03-31 | $1.3M | −$79,000 | −5.85% |
| Q4 2016 | 2016-12-31 | $1.1M | −$57,000 | −4.79% |
| Q3 2016 | 2016-09-30 | $1.3M | −$21,000 | −1.65% |
| Q2 2016 | 2016-06-30 | $1.3M | $7,000 | +0.55% |
| Q1 2016 | 2016-03-31 | $1.4M | −$65,000 | −4.59% |
| Q4 2015 | 2015-12-31 | $1.2M | −$558,000 | −31.94% |
| Q3 2015 | 2015-09-30 | $1.3M | −$19,000 | −1.47% |
| Q2 2015 | 2015-06-30 | $1.3M | −$52,000 | −3.95% |
| Q1 2015 | 2015-03-31 | $1.4M | $22,000 | +1.58% |
| Q4 2014 | 2014-12-31 | $1.7M | $336,000 | +23.81% |
| Q3 2014 | 2014-09-30 | $1.3M | −$63,000 | −4.64% |
| Q2 2014 | 2014-06-30 | $1.3M | −$44,000 | −3.23% |
| Q1 2014 | 2014-03-31 | $1.4M | $1.2M | +607.61% |
| Q4 2013 | 2013-12-31 | $1.4M | $557,000 | +65.22% |
| Q3 2013 | 2013-09-30 | $1.4M | — | — |
| Q2 2013 | 2013-06-30 | $1.4M | — | — |
| Q1 2013 | 2013-03-31 | $197,000 | — | — |
| Q4 2012 | 2012-12-31 | $854,000 | — | — |
Ellington Credit operating expenses trends
Over the last five fiscal years, Ellington Credit's operating expenses increased from $5.3M to $8.8M, a change of $3.5M. The latest reported quarter, Q4 2025, shows $2.6M.
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.
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 Ellington Credit source filings ↗