Patria Investments annual operating expenses
2018
2019
2020
2021
2022
2023
2024
2025
Patria Investments Operating Expenses Growth & History (PAX)
Patria Investments's operating expenses was $178.5M for fiscal 2025.
View full Patria Investments company overviewPatria Investments annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $178.5M | $20.7M | +13.11% |
| 2024 | 2024-12-31 | $157.8M | $32.8M | +26.23% |
| 2023 | 2023-12-31 | $125.0M | $31.4M | +33.51% |
| 2022 | 2022-12-31 | $93.6M | $66.8M | +248.24% |
| 2021 | 2021-12-31 | $26.9M | $10.2M | +61.34% |
| 2020 | 2020-12-31 | $16.7M | $1.0M | +6.59% |
| 2019 | 2019-12-31 | $15.6M | −$2.3M | −12.90% |
| 2018 | 2018-12-31 | $18.0M | — | — |
Patria Investments quarterly operating expenses
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q1 2026 | 2026-03-31 | $46.4M | $10.4M | +28.97% |
| Q4 2025 | 2025-12-31 | $63.6M | — | — |
| Q3 2025 | 2025-09-30 | $41.1M | — | — |
| Q2 2025 | 2025-06-30 | $37.8M | — | — |
| Q1 2025 | 2025-03-31 | $36.0M | — | — |
Patria Investments operating expenses trends
Over the last five fiscal years, Patria Investments's operating expenses increased from $16.7M to $178.5M, a change of $161.8M. The latest reported quarter, Q1 2026, shows $46.4M.
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 Patria Investments source filings ↗