NewtekOne (NEWT) Operating Expenses (2021 - 2026)
NewtekOne (NEWT) posted quarterly Operating Expenses of $44.3 million for Q1 2026, up 7.49% year-over-year from $41.2 million in Q1 2025, and up 9.43% quarter-over-quarter from $40.4 million in Q4 2025.
NewtekOne (NEWT) Operating Expenses (2021 - 2026) Analysis & Trends
NewtekOne (NEWT) has reported Operating Expenses for 6 consecutive years, with $44.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 7.49% year-over-year to $44.3 million; the TTM figure through Mar 2026 stood at $169.2 million (up 3.96% YoY), while the FY2025 annual figure was $166.1 million, up 2.08% from the prior year.
- Operating Expenses rose to $44.3 million in Q1 2026 per NEWT's latest filing, from $40.4 million in the prior quarter.
- Across five years, Operating Expenses topped out at $44.3 million in Q1 2026 and bottomed at $14.7 million in Q1 2022.
- Historically, Operating Expenses has averaged $34.5 million across 5 years, with a median of $39.0 million in 2023.
- On a YoY basis, Operating Expenses climbed as much as 640.39% in 2022 and fell as far as 13.85% in 2022.
- NewtekOne's Operating Expenses stood at $19.6 million in 2022, then surged by 95.18% to $38.2 million in 2023, then increased by 10.29% to $42.1 million in 2024, then fell by 4.01% to $40.4 million in 2025, then increased by 9.43% to $44.3 million in 2026.
- Business Quant data shows NEWT's Operating Expenses at $44.3 million in Q1 2026, $40.4 million in Q4 2025, and $42.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 4.10 Bn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 4.43 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -3.83 Bn |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -2.79 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 2.60 Bn |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | -599.79 Mn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 3.06 Bn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 2.11 Bn |
| 10 | NewtekOne | 355.59 Mn | -39.42 Mn | - | 43.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 43.82 Mn |
| Mar 31, 2026 | 44.26 Mn |
| Dec 31, 2025 | 40.45 Mn |
| Sep 30, 2025 | 42.16 Mn |
| Jun 30, 2025 | 42.31 Mn |
| Mar 31, 2025 | 41.18 Mn |
| Dec 31, 2024 | 42.14 Mn |
| Sep 30, 2024 | 38.85 Mn |
| Jun 30, 2024 | 40.56 Mn |
| Mar 31, 2024 | 41.16 Mn |
| Dec 31, 2023 | 38.21 Mn |
| Sep 30, 2023 | 31.32 Mn |
| Jun 30, 2023 | 37.78 Mn |
| Mar 31, 2023 | 39.02 Mn |
| Dec 31, 2022 | 19.58 Mn |
| Sep 30, 2022 | 16.46 Mn |
| Jun 30, 2022 | 15.65 Mn |
| Mar 31, 2022 | 14.71 Mn |
| Dec 31, 2021 | 2.64 Mn |
| Sep 30, 2021 | 19.10 Mn |