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| Date | Value |
|---|---|
| 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 |