Goldman Sachs BDC annual operating expenses
2020
2021
2022
2023
2024
2025
Goldman Sachs BDC Operating Expenses Growth & History (GSBD)
Goldman Sachs BDC's operating expenses was $180.0M for fiscal 2025.
View full Goldman Sachs BDC company overviewGoldman Sachs BDC annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $180.0M | $3.5M | +1.96% |
| 2024 | 2024-12-31 | $176.5M | −$28.3M | −13.81% |
| 2023 | 2023-12-31 | $204.8M | $68.7M | +50.43% |
| 2022 | 2022-12-31 | $136.2M | −$3.7M | −2.68% |
| 2021 | 2021-12-31 | $139.9M | $41.3M | +41.86% |
| 2020 | 2020-12-31 | $98.6M | — | — |
Goldman Sachs BDC quarterly operating expenses
Q3.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
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 | $40.7M | −$4.9M | −10.84% |
| Q1 2026 | 2026-03-31 | $53.0M | $7.0M | +15.26% |
| Q4 2025 | 2025-12-31 | $43.0M | −$2.8M | −6.07% |
| Q3 2025 | 2025-09-30 | $45.4M | $4.6M | +11.38% |
| Q2 2025 | 2025-06-30 | $45.6M | $5.2M | +12.85% |
| Q1 2025 | 2025-03-31 | $46.0M | −$3.6M | −7.26% |
| Q4 2024 | 2024-12-31 | $45.8M | −$6.1M | −11.80% |
| Q3 2024 | 2024-09-30 | $40.7M | −$4.9M | −10.66% |
| Q2 2024 | 2024-06-30 | $40.4M | −$6.3M | −13.46% |
| Q1 2024 | 2024-03-31 | $49.6M | −$11.0M | −18.18% |
| Q4 2023 | 2023-12-31 | $51.9M | $15.0M | +40.61% |
| Q3 2023 | 2023-09-30 | $45.6M | $12.4M | +37.36% |
| Q2 2023 | 2023-06-30 | $46.7M | $15.5M | +49.75% |
| Q1 2023 | 2023-03-31 | $60.6M | $25.8M | +73.89% |
| Q4 2022 | 2022-12-31 | $36.9M | — | — |
| Q3 2022 | 2022-09-30 | $33.2M | −$288,000 | −0.86% |
| Q2 2022 | 2022-06-30 | $31.2M | — | — |
| Q1 2022 | 2022-03-31 | $34.9M | — | — |
| Q3 2021 | 2021-09-30 | $33.5M | — | — |
Goldman Sachs BDC operating expenses trends
Over the last five fiscal years, Goldman Sachs BDC's operating expenses increased from $98.6M to $180.0M, a change of $81.4M. The latest reported quarter, Q2 2026, shows $40.7M.
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 Goldman Sachs BDC source filings ↗