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) recorded quarterly Operating Expenses of $102.9 million in Q1 2026, up 1.45% quarter-over-quarter from $101.4 million in Q4 2025, and up 11.66% on a YoY basis from $92.1 million in Q1 2025.

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's Operating Expenses history runs 8 years deep, the most recent figure standing at $102.9 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 11.66% year-over-year to $102.9 million; the TTM figure through Mar 2026 stood at $387.5 million (changed 0.17% YoY), while the FY2025 annual figure was $394.6 million, down 2.47% from the prior year.
  • Operating Expenses was $102.9 million for Q1 2026 at Betterware De Mexico, S.A.P.I. De C.V, up from $101.4 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $109.0 million in Q1 2024 to a low of $31.4 million in Q1 2022.
  • Historically, Operating Expenses has averaged $92.3 million across 5 years, with a median of $94.5 million in 2023.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses fell 16.06% in 2022, then surged 209.68% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $91.4 million in 2022, then increased by 3.34% to $94.5 million in 2023, then climbed by 7.91% to $102.0 million in 2024, then retreated by 0.54% to $101.4 million in 2025, then climbed by 1.45% to $102.9 million in 2026.
  • The last three Operating Expenses figures came in at $102.9 million (Q1 2026), $101.4 million (Q4 2025), and $90.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Caseys General Stores 27.84 Bn 27.38 Bn 1.01 Bn 697.64 Mn
2 Williams Sonoma 24.59 Bn 23.57 Bn 1.10 Bn 627.08 Mn
3 Ulta Beauty 20.75 Bn 20.25 Bn 1.48 Bn 1.01 Bn
4 Dick'S Sporting Goods 17.81 Bn 16.45 Bn 1.77 Bn 1.57 Bn
5 Tractor Supply 15.90 Bn 15.67 Bn 1.30 Bn 941.15 Mn
6 Best Buy 15.61 Bn 13.87 Bn 2.10 Bn 1.73 Bn
7 NaaS Technology 14.72 Bn 14.70 Bn - -
8 Five Below 10.27 Bn 9.34 Bn 696.98 Mn 337.11 Mn
9 Murphy USA 10.20 Bn 10.08 Bn 3.98 Bn 279.80 Mn
10 Betterware De Mexico, S.A.P.I. De C.V 330,249.40 -18.46 Mn 132.45 Mn 102.89 Mn

Historic Data

Download Data
DateValue
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 85.33 Mn
Jun 30, 2022 85.37 Mn
Mar 31, 2022 31.42 Mn
Dec 31, 2021 39.85 Mn
Sep 30, 2021 32.04 Mn
Jun 30, 2021 37.26 Mn