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 $102.9 million for Q1 2026, up 11.66% year-over-year from $92.1 million in Q1 2025, and up 1.45% on a QoQ basis from $101.4 million in Q4 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 (BWMX) has reported Operating Expenses for 8 consecutive years, with $102.9 million the latest figure, recorded in 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 $376.8 million, down 6.88% from the prior year.
- Operating Expenses came in at $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.
- The five-year high for Operating Expenses was $109.0 million in Q1 2024, with the low at $31.4 million in Q1 2022.
- Average Operating Expenses over 5 years is $92.3 million, with a median of $94.5 million recorded in 2023.
- Across the five-year window, Operating Expenses slipped 16.06% in 2022 and surged 209.68% in 2023, its largest moves.
- Year by year, Operating Expenses stood at $91.4 million in 2022, then advanced by 3.34% to $94.5 million in 2023, then rose by 7.91% to $102.0 million in 2024, then dropped by 0.54% to $101.4 million in 2025, then rose by 1.45% to $102.9 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $102.9 million, $101.4 million, and $90.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | NaaS Technology | 29.20 Bn | 29.20 Bn | - | - |
| 2 | Caseys General Stores | 28.94 Bn | 28.48 Bn | 1.08 Bn | 730.02 Mn |
| 3 | Williams Sonoma | 27.71 Bn | 26.69 Bn | 1.10 Bn | 627.08 Mn |
| 4 | Dick'S Sporting Goods | 19.10 Bn | 17.75 Bn | 1.77 Bn | 1.57 Bn |
| 5 | Tractor Supply | 16.98 Bn | 16.76 Bn | 1.30 Bn | 941.15 Mn |
| 6 | Best Buy | 16.25 Bn | 14.50 Bn | 2.10 Bn | 1.73 Bn |
| 7 | Murphy USA | 10.35 Bn | 10.23 Bn | 3.98 Bn | 279.80 Mn |
| 8 | Five Below | 10.07 Bn | 9.13 Bn | 696.98 Mn | 337.11 Mn |
| 9 | Winmark | 8.93 Bn | 8.93 Bn | 20.23 Mn | 7.87 Mn |
| 10 | Betterware De Mexico, S.A.P.I. De C.V | - | - | 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 |