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
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