Pathward Financial (CASH) Operating Expenses (2011 - 2026)
Pathward Financial (CASH) recorded Operating Expenses of $129.12 million in fiscal Q3 2026 (quarter ended Jun 30, 2026), down 7.3% from $139.32 million a year earlier and down 10.0% from the prior quarter.
Pathward Financial (CASH) Operating Expenses (2011 - 2026) Analysis & Trends
On a TTM basis, Pathward Financial's Operating Expenses came in at $544.56 million as of Jun 30, 2026, down 0.7% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at $560.07 million, up 7.6% from FY2024.
- Annual Operating Expenses has increased for five straight fiscal years, with a five-year compound annual growth rate of 11.9% (FY2020 to FY2025).
- Across earlier fiscal years, Operating Expenses came in at $520.69 million in FY2024 (+12.4%), $463.39 million in FY2023 (+21.5%), $381.28 million in FY2022 (+10.9%) and $343.68 million in FY2021 (+7.7%).
- Quarterly Operating Expenses has ranged from $85.36 million in fiscal Q1 2022 to $148.18 million in fiscal Q2 2025 over the past five years.
- On a year-over-year basis, Operating Expenses has declined for three consecutive quarters, with growth averaging 3.7% over the last eight quarters.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 23.5% in fiscal Q2 2023, against a decline of 7.3% in fiscal Q3 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $143.46 million (Q2 2026), $127.21 million (Q1 2026) and $144.77 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 890.60 Bn | 920.07 Bn | - | 27.32 Bn |
| 2 | Banco Santander Chile | 421.74 Bn | 541.68 Bn | - | -3,218.32 Bn |
| 3 | Bank Of America | 385.85 Bn | -1,990.22 Bn | - | 18.63 Bn |
| 4 | Hsbc Holdings | 345.94 Bn | 345.99 Bn | - | - |
| 5 | Morgan Stanley | 303.15 Bn | -205.95 Bn | - | 13.90 Bn |
| 6 | Royal Bank Of Canada | 279.82 Bn | 130.57 Bn | - | 7.02 Bn |
| 7 | Mitsubishi Ufj Financial | 274.62 Bn | -1,313.87 Bn | 10.89 Bn | 17.50 Bn |
| 8 | Goldman Sachs | 267.07 Bn | -3,290.04 Bn | - | 11.67 Bn |
| 9 | Wells Fargo & Company | 243.79 Bn | 245.93 Bn | - | 13.66 Bn |
| 10 | Pathward Financial | 1.49 Bn | 728.20 Mn | - | 129.12 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 129.12 Mn |
| Mar 31, 2026 | 143.46 Mn |
| Dec 31, 2025 | 127.21 Mn |
| Sep 30, 2025 | 144.77 Mn |
| Jun 30, 2025 | 139.32 Mn |
| Mar 31, 2025 | 148.18 Mn |
| Dec 31, 2024 | 127.80 Mn |
| Sep 30, 2024 | 133.36 Mn |
| Jun 30, 2024 | 125.51 Mn |
| Mar 31, 2024 | 140.74 Mn |
| Dec 31, 2023 | 121.08 Mn |
| Sep 30, 2023 | 121.24 Mn |
| Jun 30, 2023 | 111.07 Mn |
| Mar 31, 2023 | 128.18 Mn |
| Dec 31, 2022 | 102.91 Mn |
| Sep 30, 2022 | 99.61 Mn |
| Jun 30, 2022 | 92.55 Mn |
| Mar 31, 2022 | 103.76 Mn |
| Dec 31, 2021 | 85.36 Mn |
| Sep 30, 2021 | 93.62 Mn |
Pathward Financial 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=CASH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "CASH", "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=CASH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();