Moelis & Operating Expenses Growth & History (MC)
Moelis &'s operating expenses was $1.24B for fiscal 2025.
View full Moelis & company overviewMoelis & annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.24B | $221.3M | +21.67% |
| 2024 | 2024-12-31 | $1.02B | $126.5M | +14.13% |
| 2023 | 2023-12-31 | $895.1M | $125.9M | +16.37% |
| 2022 | 2022-12-31 | $769.2M | −$275.5M | −26.37% |
| 2021 | 2021-12-31 | $1.04B | $367.1M | +54.18% |
| 2020 | 2020-12-31 | $677.6M | $45.6M | +7.21% |
| 2019 | 2019-12-31 | $632.0M | −$27.1M | −4.11% |
| 2018 | 2018-12-31 | $659.1M | $138.7M | +26.66% |
| 2017 | 2017-12-31 | $520.3M | $68.0M | +15.05% |
| 2016 | 2016-12-31 | $452.3M | $37.9M | +9.15% |
| 2015 | 2015-12-31 | $414.4M | −$56.6M | −12.03% |
| 2014 | 2014-12-31 | $471.0M | $129.7M | +38.01% |
| 2013 | 2013-12-31 | $341.3M | −$6.5M | −1.88% |
| 2012 | 2012-12-31 | $347.8M | — | — |
Moelis & quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $336.6M | $31.8M | +10.44% |
| Q1 2026 | 2026-03-31 | $279.3M | $9.6M | +3.56% |
| Q4 2025 | 2025-12-31 | $359.9M | $52.7M | +17.16% |
| Q3 2025 | 2025-09-30 | $308.6M | $50.4M | +19.52% |
| Q2 2025 | 2025-06-30 | $304.7M | $60.2M | +24.63% |
| Q1 2025 | 2025-03-31 | $269.7M | $58.0M | +27.40% |
| Q4 2024 | 2024-12-31 | $307.2M | $83.0M | +37.01% |
| Q3 2024 | 2024-09-30 | $258.2M | −$34.0M | −11.64% |
| Q2 2024 | 2024-06-30 | $244.5M | $55.1M | +29.06% |
| Q1 2024 | 2024-03-31 | $211.7M | $22.5M | +11.88% |
| Q4 2023 | 2023-12-31 | $224.2M | $46.5M | +26.14% |
| Q3 2023 | 2023-09-30 | $292.2M | $93.7M | +47.24% |
| Q2 2023 | 2023-06-30 | $189.5M | $9.1M | +5.07% |
| Q1 2023 | 2023-03-31 | $189.2M | −$23.4M | −11.03% |
| Q4 2022 | 2022-12-31 | $177.8M | −$94.2M | −34.63% |
| Q3 2022 | 2022-09-30 | $198.5M | −$140.2M | −41.40% |
| Q2 2022 | 2022-06-30 | $180.3M | −$62.4M | −25.70% |
| Q1 2022 | 2022-03-31 | $212.7M | $21.2M | +11.09% |
| Q4 2021 | 2021-12-31 | $271.9M | $56.3M | +26.14% |
| Q3 2021 | 2021-09-30 | $338.7M | $183.0M | +117.59% |
| Q2 2021 | 2021-06-30 | $242.7M | $65.6M | +37.04% |
| Q1 2021 | 2021-03-31 | $191.4M | $62.2M | +48.09% |
| Q4 2020 | 2020-12-31 | $215.6M | $8.8M | +4.25% |
| Q3 2020 | 2020-09-30 | $155.6M | −$21.8M | −12.27% |
| Q2 2020 | 2020-06-30 | $177.1M | $57.4M | +48.01% |
| Q1 2020 | 2020-03-31 | $129.3M | $1.1M | +0.87% |
| Q4 2019 | 2019-12-31 | $206.8M | $31.6M | +18.06% |
| Q3 2019 | 2019-09-30 | $177.4M | $22.6M | +14.60% |
| Q2 2019 | 2019-06-30 | $119.6M | −$45.1M | −27.38% |
| Q1 2019 | 2019-03-31 | $128.2M | −$36.2M | −22.02% |
| Q4 2018 | 2018-12-31 | $175.1M | $44.6M | +34.20% |
| Q3 2018 | 2018-09-30 | $154.8M | $24.6M | +18.94% |
| Q2 2018 | 2018-06-30 | $164.8M | $35.3M | +27.29% |
| Q1 2018 | 2018-03-31 | $164.3M | $34.1M | +26.20% |
| Q4 2017 | 2017-12-31 | $130.5M | −$12.6M | −8.79% |
| Q3 2017 | 2017-09-30 | $130.2M | $19.6M | +17.73% |
| Q2 2017 | 2017-06-30 | $129.4M | $28.3M | +27.95% |
| Q1 2017 | 2017-03-31 | $130.2M | $32.8M | +33.60% |
| Q4 2016 | 2016-12-31 | $143.1M | $11.7M | +8.93% |
| Q3 2016 | 2016-09-30 | $110.6M | −$1.3M | −1.18% |
| Q2 2016 | 2016-06-30 | $101.2M | $8.1M | +8.66% |
| Q1 2016 | 2016-03-31 | $97.5M | $19.4M | +24.92% |
| Q4 2015 | 2015-12-31 | $131.3M | — | — |
| Q3 2015 | 2015-09-30 | $111.9M | $19.0M | +20.46% |
| Q2 2015 | 2015-06-30 | $93.1M | −$95.9M | −50.74% |
| Q1 2015 | 2015-03-31 | $78.0M | −$12.6M | −13.86% |
| Q3 2014 | 2014-09-30 | $92.9M | $8.7M | +10.29% |
| Q2 2014 | 2014-06-30 | $189.0M | $113.2M | +149.34% |
| Q1 2014 · Mar 31 | 2014-03-31 | $90.6M | $30.0M | +49.42% |
| Q4 2013 | 2013-12-31 | $120.6M | — | — |
| Q3 2013 | 2013-09-30 | $84.2M | — | — |
| Q2 2013 | 2013-06-30 | $75.8M | — | — |
| Q1 2013 | 2013-03-31 | $60.6M | — | — |
Moelis & operating expenses trends
Over the last five fiscal years, Moelis &'s operating expenses increased from $677.6M to $1.24B, a change of $565.4M. The latest reported quarter, Q2 2026, shows $336.6M.
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 Moelis & source filings ↗