Kayne Anderson BDC Operating Expenses Growth & History (KBDC)
Kayne Anderson BDC's operating expenses was $120.3M for fiscal 2025.
View full Kayne Anderson BDC company overviewKayne Anderson BDC annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $120.3M | $18.7M | +18.44% |
| 2024 | 2024-12-31 | $101.6M | $25.4M | +33.29% |
| 2023 | 2023-12-31 | $76.2M | $41.5M | +119.88% |
| 2022 | 2022-12-31 | $34.6M | $26.0M | +301.60% |
| 2021 | 2021-12-31 | $8.6M | — | — |
Kayne Anderson BDC quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $28.1M | −$1.2M | −4.20% |
| Q1 2026 | 2026-03-31 | $28.4M | $642,000 | +2.31% |
| Q4 2025 | 2025-12-31 | $31.8M | $3.1M | +10.91% |
| Q3 2025 | 2025-09-30 | $31.3M | $3.8M | +13.66% |
| Q2 2025 | 2025-06-30 | $29.4M | $6.7M | +29.76% |
| Q1 2025 | 2025-03-31 | $27.8M | $5.1M | +22.46% |
| Q4 2024 | 2024-12-31 | $28.7M | $8.4M | +41.44% |
| Q3 2024 | 2024-09-30 | $27.6M | $7.7M | +39.01% |
| Q2 2024 | 2024-06-30 | $22.6M | $3.6M | +19.08% |
| Q1 2024 | 2024-03-31 | $22.7M | $5.6M | +32.82% |
| Q4 2023 | 2023-12-31 | $20.3M | $6.4M | +46.24% |
| Q3 2023 | 2023-09-30 | $19.8M | $10.6M | +114.13% |
| Q2 2023 | 2023-06-30 | $19.0M | $13.2M | +224.95% |
| Q1 2023 | 2023-03-31 | $17.1M | $11.4M | +200.56% |
| Q4 2022 | 2022-12-31 | $13.9M | — | — |
| Q3 2022 | 2022-09-30 | $9.3M | $7.3M | +365.09% |
| Q2 2022 | 2022-06-30 | $5.9M | — | — |
| Q1 2022 | 2022-03-31 | $5.7M | — | — |
| Q3 2021 | 2021-09-30 | $2.0M | — | — |
Kayne Anderson BDC operating expenses trends
Between the periods ended 2021-12-31 and 2025-12-31, Kayne Anderson BDC's operating expenses increased from $8.6M to $120.3M, a change of $111.7M. The latest reported quarter, Q2 2026, shows $28.1M.
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 Kayne Anderson BDC source filings ↗