MidCap Financial Investment annual operating expenses
2021
2022
2022
2023
2024
2025
MidCap Financial Investment Operating Expenses Growth & History (MFIC)
MidCap Financial Investment's operating expenses was $180.4M for fiscal 2025.
View full MidCap Financial Investment company overviewMidCap Financial Investment annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $180.4M | $11.1M | +6.56% |
| 2024 | 2024-12-31 | $169.3M | $7.2M | +4.41% |
| 2023 | 2023-12-31 | $162.1M | $59.7M | +58.28% |
| 2022 · Dec 31 | 2022-12-31 | $102.4M | — | — |
| 2022 · Mar 31 | 2022-03-31 | $117.8M | $10.7M | +9.97% |
| 2021 | 2021-03-31 | $107.1M | — | — |
MidCap Financial Investment quarterly operating expenses
Q2.22
Q4.22
Q1.23
Q2.23
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 | $35.5M | −$9.6M | −21.30% |
| Q1 2026 | 2026-03-31 | $37.6M | −$7.6M | −16.81% |
| Q4 2025 | 2025-12-31 | $42.5M | −$2.8M | −6.19% |
| Q3 2025 | 2025-09-30 | $47.6M | $3.4M | +7.67% |
| Q2 2025 | 2025-06-30 | $45.1M | $5.2M | +13.16% |
| Q1 2025 | 2025-03-31 | $45.2M | $5.3M | +13.18% |
| Q4 2024 | 2024-12-31 | $45.3M | $2.9M | +6.73% |
| Q3 2024 | 2024-09-30 | $44.2M | $3.5M | +8.56% |
| Q2 2024 | 2024-06-30 | $39.9M | −$235,000 | −0.59% |
| Q1 2024 | 2024-03-31 | $40.0M | $1.1M | +2.70% |
| Q4 2023 | 2023-12-31 | $42.4M | $34.8M | +460.04% |
| Q3 2023 | 2023-09-30 | $40.7M | $4.1M | +11.17% |
| Q2 2023 · Jun 30 | 2023-06-30 | $40.1M | $9.9M | +32.78% |
| Q1 2023 · Mar 31 | 2023-03-31 | $38.9M | $10.9M | +38.77% |
| Q4 2022 | 2022-12-31 | $7.6M | — | — |
| Q2 2023 · Sep 30 | 2022-09-30 | $36.6M | $4.7M | +14.78% |
| Q1 2023 · Jun 30 | 2022-06-30 | $30.2M | — | — |
| Q4 2022 · Mar 31 | 2022-03-31 | $28.0M | — | — |
| Q2 2022 | 2021-09-30 | $31.9M | — | — |
MidCap Financial Investment operating expenses trends
Between the periods ended 2021-03-31 and 2025-12-31, MidCap Financial Investment's operating expenses increased from $107.1M to $180.4M, a change of $73.2M. The latest reported quarter, Q2 2026, shows $35.5M.
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 MidCap Financial Investment source filings ↗