BlackRock TCP Capital annual operating expenses
2020
2021
2022
2023
2024
2025
BlackRock TCP Capital Operating Expenses Growth & History (TCPC)
BlackRock TCP Capital's operating expenses was $92.0M for fiscal 2025.
View full BlackRock TCP Capital company overviewBlackRock TCP Capital annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $92.0M | −$35.2M | −27.68% |
| 2024 | 2024-12-31 | $127.2M | $24.6M | +24.03% |
| 2023 | 2023-12-31 | $102.5M | $10.0M | +10.76% |
| 2022 | 2022-12-31 | $92.6M | $1,692 | +0.00% |
| 2021 | 2021-12-31 | $92.6M | $3.7M | +4.14% |
| 2020 | 2020-12-31 | $88.9M | — | — |
BlackRock TCP Capital quarterly operating expenses
Q3.21
Q1.22
Q2.22
Q3.22
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 | $21.9M | −$2.0M | −8.34% |
| Q1 2026 | 2026-03-31 | $24.1M | $419,938 | +1.77% |
| Q4 2025 | 2025-12-31 | $21.2M | −$5.8M | −21.39% |
| Q3 2025 | 2025-09-30 | $23.2M | −$13.8M | −37.30% |
| Q2 2025 | 2025-06-30 | $23.9M | −$11.8M | −33.14% |
| Q1 2025 | 2025-03-31 | $23.7M | −$3.8M | −13.77% |
| Q4 2024 | 2024-12-31 | $26.9M | $1.5M | +6.08% |
| Q3 2024 | 2024-09-30 | $37.1M | $11.2M | +43.19% |
| Q2 2024 | 2024-06-30 | $35.7M | $9.3M | +35.45% |
| Q1 2024 | 2024-03-31 | $27.5M | $2.6M | +10.31% |
| Q4 2023 | 2023-12-31 | $25.4M | $1.7M | +7.28% |
| Q3 2023 | 2023-09-30 | $25.9M | $2.1M | +8.66% |
| Q2 2023 | 2023-06-30 | $26.4M | $3.7M | +16.18% |
| Q1 2023 | 2023-03-31 | $24.9M | $2.5M | +11.17% |
| Q4 2022 | 2022-12-31 | $23.7M | — | — |
| Q3 2022 | 2022-09-30 | $23.8M | −$209,621 | −0.87% |
| Q2 2022 | 2022-06-30 | $22.7M | — | — |
| Q1 2022 | 2022-03-31 | $22.4M | — | — |
| Q3 2021 | 2021-09-30 | $24.0M | — | — |
BlackRock TCP Capital operating expenses trends
Over the last five fiscal years, BlackRock TCP Capital's operating expenses increased from $88.9M to $92.0M, a change of $3.1M. The latest reported quarter, Q2 2026, shows $21.9M.
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 BlackRock TCP Capital source filings ↗