Bread Financial Holdings (BFH-PB) Operating Expenses (2009 - 2026)

Bread Financial Holdings (BFH-PB) recorded quarterly Operating Expenses of $472.0 million in Q1 2026, down 14.95% quarter-over-quarter from $555.0 million in Q4 2025, and down 1.05% on a YoY basis from $477.0 million in Q1 2025.

Bread Financial Holdings (BFH-PB) Operating Expenses (2009 - 2026) Analysis & Trends

Bread Financial Holdings' Operating Expenses history runs 18 years deep, the most recent figure standing at $472.0 million for Q1 2026.

  • In Q1 2026, Operating Expenses fell 1.05% year-over-year to $472.0 million; the TTM figure through Mar 2026 stood at $2.0 billion (down 3.45% YoY), while the FY2025 annual figure was $2.0 billion, down 3.5% from the prior year.
  • Operating Expenses was $472.0 million for Q1 2026 at Bread Financial Holdings, down from $555.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $574.0 million in Q3 2024 to a low of $426.0 million in Q1 2022.
  • Historically, Operating Expenses has averaged $502.8 million across 5 years, with a median of $486.0 million in 2022.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses gained 28.27% in 2022, then retreated 17.07% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $549.0 million in 2022, then slipped by 6.01% to $516.0 million in 2023, then climbed by 3.68% to $535.0 million in 2024, then increased by 3.74% to $555.0 million in 2025, then decreased by 14.95% to $472.0 million in 2026.
  • The last three Operating Expenses figures came in at $472.0 million (Q1 2026), $555.0 million (Q4 2025), and $476.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Visa 541.66 Bn 529.25 Bn - 4.00 Bn
2 Mastercard 437.55 Bn 427.34 Bn - 3.49 Bn
3 American Express 212.80 Bn 158.76 Bn 17.43 Bn 13.88 Bn
4 Capital One Financial 112.47 Bn 35.97 Bn - 8.46 Bn
5 PayPal Holdings 37.70 Bn 28.36 Bn 7.84 Bn 6.87 Bn
6 Synchrony Financial 24.26 Bn 3.70 Bn - 1.32 Bn
7 Affirm Holdings 21.24 Bn 19.51 Bn 261.64 Mn 950.34 Mn
8 SoFi Technologies 20.46 Bn 17.06 Bn 929.25 Mn 891.92 Mn
9 Ally Financial 13.30 Bn 12.86 Bn 1.98 Bn 1.24 Bn
10 Bread Financial Holdings - - 983.00 Mn 472.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 472.00 Mn
Dec 31, 2025 555.00 Mn
Sep 30, 2025 476.00 Mn
Jun 30, 2025 481.00 Mn
Mar 31, 2025 477.00 Mn
Dec 31, 2024 535.00 Mn
Sep 30, 2024 574.00 Mn
Jun 30, 2024 469.00 Mn
Mar 31, 2024 482.00 Mn
Dec 31, 2023 516.00 Mn
Sep 30, 2023 502.00 Mn
Jun 30, 2023 530.00 Mn
Mar 31, 2023 544.00 Mn
Dec 31, 2022 549.00 Mn
Sep 30, 2022 486.00 Mn
Jun 30, 2022 473.00 Mn
Mar 31, 2022 426.00 Mn
Dec 31, 2021 428.00 Mn
Sep 30, 2021 431.00 Mn
Jun 30, 2021 424.00 Mn