Great Elm Capital Operating Expenses Growth & History (GECC)
Great Elm Capital's operating expenses was $32.1M for fiscal 2025.
View full Great Elm Capital company overviewGreat Elm Capital annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $32.1M | $5.6M | +20.99% |
| 2024 | 2024-12-31 | $26.5M | $3.5M | +15.33% |
| 2023 | 2023-12-31 | $23.0M | $4.4M | +23.83% |
| 2022 | 2022-12-31 | $18.6M | $5.6M | +43.72% |
| 2021 | 2021-12-31 | $12.9M | −$2.8M | −17.86% |
| 2020 | 2020-12-31 | $15.7M | — | — |
Great Elm Capital quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.0M | −$7.3M | −87.92% |
| Q1 2026 | 2026-03-31 | −$841,000 | −$8.7M | — |
| Q4 2025 | 2025-12-31 | $8.0M | $1.2M | +18.13% |
| Q3 2025 | 2025-09-30 | $8.0M | $391,000 | +5.16% |
| Q2 2025 | 2025-06-30 | $8.3M | $1.8M | +27.97% |
| Q1 2025 | 2025-03-31 | $7.9M | $2.1M | +37.47% |
| Q4 2024 | 2024-12-31 | $6.7M | $1.1M | +19.12% |
| Q3 2024 | 2024-09-30 | $7.6M | $1.4M | +22.55% |
| Q2 2024 | 2024-06-30 | $6.5M | $881,000 | +15.71% |
| Q1 2024 | 2024-03-31 | $5.7M | $168,000 | +3.03% |
| Q4 2023 | 2023-12-31 | $5.7M | $720,000 | +14.58% |
| Q3 2023 | 2023-09-30 | $6.2M | $1.2M | +24.97% |
| Q2 2023 | 2023-06-30 | $5.6M | $1.3M | +29.69% |
| Q1 2023 | 2023-03-31 | $5.5M | $1.2M | +27.22% |
| Q4 2022 | 2022-12-31 | $4.9M | — | — |
| Q3 2022 | 2022-09-30 | $4.9M | −$851,000 | −14.67% |
| Q2 2022 | 2022-06-30 | $4.3M | — | — |
| Q1 2022 | 2022-03-31 | $4.4M | — | — |
| Q3 2021 | 2021-09-30 | $5.8M | — | — |
Great Elm Capital operating expenses trends
Over the last five fiscal years, Great Elm Capital's operating expenses increased from $15.7M to $32.1M, a change of $16.4M. The latest reported quarter, Q2 2026, shows $1.0M.
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 Great Elm Capital source filings ↗