Palmer Square Capital BDC Operating Expenses Growth & History (PSBD)
Palmer Square Capital BDC's operating expenses was $70.9M for fiscal 2025.
View full Palmer Square Capital BDC company overviewPalmer Square Capital BDC annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $70.9M | −$10.0M | −12.39% |
| 2024 | 2024-12-31 | $81.0M | $25.7M | +46.44% |
| 2023 | 2023-12-31 | $55.3M | $20.8M | +60.44% |
| 2022 | 2022-12-31 | $34.5M | $16.8M | +95.27% |
| 2021 | 2021-12-31 | $17.6M | — | — |
Palmer Square Capital BDC quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $15.3M | −$2.6M | −14.47% |
| Q1 2026 | 2026-03-31 | $15.2M | −$3.1M | −17.05% |
| Q4 2025 | 2025-12-31 | $16.8M | −$3.3M | −16.57% |
| Q3 2025 | 2025-09-30 | $18.0M | −$3.5M | −16.37% |
| Q2 2025 | 2025-06-30 | $17.8M | −$3.0M | −14.22% |
| Q1 2025 | 2025-03-31 | $18.3M | −$216,097 | −1.17% |
| Q4 2024 | 2024-12-31 | $20.1M | $5.4M | +36.46% |
| Q3 2024 | 2024-09-30 | $21.6M | $7.3M | +51.48% |
| Q2 2024 | 2024-06-30 | $20.8M | $7.3M | +54.04% |
| Q1 2024 | 2024-03-31 | $18.5M | $5.7M | +44.31% |
| Q4 2023 | 2023-12-31 | $14.7M | $3.1M | +26.84% |
| Q3 2023 | 2023-09-30 | $14.2M | $4.5M | +45.78% |
| Q2 2023 | 2023-06-30 | $13.5M | $6.3M | +86.88% |
| Q1 2023 | 2023-03-31 | $12.8M | $7.0M | +118.73% |
| Q4 2022 | 2022-12-31 | $11.6M | — | — |
| Q3 2022 | 2022-09-30 | $9.8M | $5.6M | +135.31% |
| Q2 2022 | 2022-06-30 | $7.2M | — | — |
| Q1 2022 | 2022-03-31 | $5.9M | — | — |
| Q3 2021 | 2021-09-30 | $4.2M | — | — |
Palmer Square Capital BDC operating expenses trends
Between the periods ended 2021-12-31 and 2025-12-31, Palmer Square Capital BDC's operating expenses increased from $17.6M to $70.9M, a change of $53.3M. The latest reported quarter, Q2 2026, shows $15.3M.
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 Palmer Square Capital BDC source filings ↗