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) reported Operating Expenses of $117.44 million for Q2 2026, up 26.6% from $92.75 million a year earlier and up 14.1% from the prior quarter.
Betterware De Mexico, S.A.P.I. De C.V (BWMX) Operating Expenses (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Betterware De Mexico, S.A.P.I. De C.V's Operating Expenses came in at $412.22 million, up 8.9% year-over-year; for FY2025, it was $376.8 million, down 6.9% from FY2024.
- Operating Expenses has a five-year compound annual growth rate of 33.5% (FY2020 to FY2025).
- By year, Operating Expenses came in at $404.62 million in FY2024 (+11.8%), $361.89 million in FY2023 (+32.9%), $272.33 million in FY2022 (+86.0%) and $146.43 million in FY2021 (+64.9%).
- The Q2 2026 figure ranks as the highest quarterly Operating Expenses in data going back to Q1 2019.
- Year over year, Operating Expenses gained in three of the last eight quarters, with growth averaging 1.2%.
- The high point for year-over-year Operating Expenses in five years was Q1 2023 (growth of 209.4%); the low point was Q1 2022 (a decline of 16.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $102.89 million (Q1 2026), $101.42 million (Q4 2025) and $90.48 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 337.81 Bn | 293.80 Bn | 10.28 Bn | 6.33 Bn |
| 2 | Colgate Palmolive | 68.01 Bn | 63.06 Bn | 3.30 Bn | 2.13 Bn |
| 3 | Kenvue | 33.93 Bn | 29.54 Bn | 2.30 Bn | 1.60 Bn |
| 4 | Estee Lauder Companies | 33.63 Bn | 21.70 Bn | 2.74 Bn | 2.78 Bn |
| 5 | Kimberly Clark | 32.41 Bn | 29.73 Bn | 1.60 Bn | - |
| 6 | Church & Dwight | 22.35 Bn | 20.88 Bn | 693.90 Mn | 252.20 Mn |
| 7 | Clorox | 9.80 Bn | 8.24 Bn | 804.00 Mn | 330.00 Mn |
| 8 | e.l.f. Beauty | 5.95 Bn | 4.92 Bn | 398.84 Mn | 280.32 Mn |
| 9 | Reynolds Consumer Products | 4.56 Bn | 4.22 Bn | 245.00 Mn | 107.00 Mn |
| 10 | Betterware De Mexico, S.A.P.I. De C.V | 622.44 Mn | 474.26 Mn | 156.58 Mn | 117.44 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 117.44 Mn |
| Mar 31, 2026 | 102.89 Mn |
| Dec 31, 2025 | 101.42 Mn |
| Sep 30, 2025 | 90.48 Mn |
| Jun 30, 2025 | 92.75 Mn |
| Mar 31, 2025 | 92.14 Mn |
| Dec 31, 2024 | 101.97 Mn |
| Sep 30, 2024 | 91.60 Mn |
| Jun 30, 2024 | 101.16 Mn |
| Mar 31, 2024 | 109.02 Mn |
| Dec 31, 2023 | 94.50 Mn |
| Sep 30, 2023 | 102.91 Mn |
| Jun 30, 2023 | 98.08 Mn |
| Mar 31, 2023 | 97.30 Mn |
| Dec 31, 2022 | 91.44 Mn |
| Sep 30, 2022 | 84.77 Mn |
| Jun 30, 2022 | 82.15 Mn |
| Mar 31, 2022 | 31.44 Mn |
| Dec 31, 2021 | 39.85 Mn |
| Sep 30, 2021 | 32.04 Mn |
Betterware De Mexico, S.A.P.I. De C.V Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=BWMX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "BWMX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=BWMX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();