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| Date | Value |
|---|---|
| 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 |