Betterware De Mexico, S.A.P.I. De C.V (BWMX) Operating Expenses (2019 - 2026)
Betterware De Mexico, S.A.P.I. De C.V (BWMX) posted quarterly Operating Expenses of $117.1 million for Q2 2026, up 12.42% year-on-year from $104.2 million in Q2 2025, and up 12.59% on a QoQ basis from $104.0 million in Q1 2026.
Betterware De Mexico, S.A.P.I. De C.V (BWMX) Operating Expenses (2019 - 2026) Analysis & Trends
Betterware De Mexico, S.A.P.I. De C.V (BWMX) has reported Operating Expenses for 8 consecutive years, with $117.1 million the latest figure, recorded in Q2 2026.
- Quarterly Operating Expenses rose 12.42% year-over-year to $117.1 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $424.9 million (down 1.12% YoY) and the FY2025 annual result came in at $415.7 million, down 1.93% from the prior year.
- Operating Expenses advanced to $117.1 million in Q2 2026 per BWMX's latest filing, from $104.0 million in the prior quarter.
- Over the last five years, Operating Expenses for BWMX reached as high as $117.7 million in Q4 2024 and fell as low as $37.1 million in Q1 2022.
- A 5-year average of $99.6 million and a median of $102.3 million in 2022 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 195.07% — and 2023, when it decreased 14.62%.
- Year by year, Operating Expenses stood at $103.5 million in 2022, then retreated by 14.62% to $88.4 million in 2023, then surged by 33.12% to $117.7 million in 2024, then decreased by 9.21% to $106.8 million in 2025, then increased by 9.6% to $117.1 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $117.1 million, $104.0 million, and $106.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 32.13 Bn | 31.61 Bn | 1.08 Bn | 730.02 Mn |
| 2 | NaaS Technology | 30.58 Bn | 30.58 Bn | - | - |
| 3 | Williams Sonoma | 28.34 Bn | 27.33 Bn | 1.10 Bn | 627.08 Mn |
| 4 | Ulta Beauty | 23.18 Bn | 22.69 Bn | 1.48 Bn | 1.01 Bn |
| 5 | Best Buy | 18.52 Bn | 16.77 Bn | 2.10 Bn | 1.73 Bn |
| 6 | Dick'S Sporting Goods | 16.59 Bn | 15.24 Bn | 1.77 Bn | 1.57 Bn |
| 7 | MINISO Group Holding | 16.05 Bn | 14.98 Bn | 414.86 Mn | -290.69 Mn |
| 8 | Tractor Supply | 15.89 Bn | 15.66 Bn | 1.30 Bn | 941.15 Mn |
| 9 | Five Below | 12.09 Bn | 11.16 Bn | 696.98 Mn | 337.11 Mn |
| 10 | Betterware De Mexico, S.A.P.I. De C.V | 651,397.55 | -29.47 Mn | 156.12 Mn | 117.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 117.09 Mn |
| Mar 31, 2026 | 103.99 Mn |
| Dec 31, 2025 | 106.83 Mn |
| Sep 30, 2025 | 97.01 Mn |
| Jun 30, 2025 | 104.15 Mn |
| Mar 31, 2025 | 108.31 Mn |
| Dec 31, 2024 | 117.67 Mn |
| Sep 30, 2024 | 99.61 Mn |
| Jun 30, 2024 | 100.06 Mn |
| Mar 31, 2024 | 106.52 Mn |
| Dec 31, 2023 | 88.40 Mn |
| Sep 30, 2023 | 100.99 Mn |
| Jun 30, 2023 | 99.83 Mn |
| Mar 31, 2023 | 104.48 Mn |
| Dec 31, 2022 | 103.54 Mn |
| Sep 30, 2022 | 99.33 Mn |
| Jun 30, 2022 | 98.34 Mn |
| Mar 31, 2022 | 37.08 Mn |
| Dec 31, 2021 | 43.37 Mn |
| Sep 30, 2021 | 33.66 Mn |