Bread Financial Holdings (BFH) Operating Expenses (2009 - 2026)
Bread Financial Holdings (BFH) posted quarterly Operating Expenses of $472.0 million for Q1 2026, down 1.05% year-over-year from $477.0 million in Q1 2025, and down 14.95% on a QoQ basis from $555.0 million in Q4 2025.
Bread Financial Holdings (BFH) Operating Expenses (2009 - 2026) Analysis & Trends
Bread Financial Holdings (BFH) has reported Operating Expenses for 18 consecutive years, with $472.0 million the latest figure, recorded in 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 came in at $472.0 million for Q1 2026 at Bread Financial Holdings, down from $555.0 million in the prior quarter.
- The five-year high for Operating Expenses was $574.0 million in Q3 2024, with the low at $426.0 million in Q1 2022.
- Average Operating Expenses over 5 years is $502.8 million, with a median of $486.0 million recorded in 2022.
- Across the five-year window, Operating Expenses grew 28.27% in 2022 and dropped 17.07% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $549.0 million in 2022, then fell by 6.01% to $516.0 million in 2023, then rose by 3.68% to $535.0 million in 2024, then advanced by 3.74% to $555.0 million in 2025, then declined by 14.95% to $472.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $472.0 million, $555.0 million, and $476.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - | 4.00 Bn |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - | 3.49 Bn |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn | 13.88 Bn |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn | 6.87 Bn |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn | 950.34 Mn |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn | 891.92 Mn |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn | 1.24 Bn |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn | 422.90 Mn |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn | -363.39 Mn |
| 10 | Bread Financial Holdings | 4.51 Bn | 875.83 Mn | 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 |