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
DateValue
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