NewtekOne (NEWT) Operating Expenses (2021 - 2026)
NewtekOne's (NEWT) quarterly Operating Expenses came in at $43.8 million in Q2 2026, up 3.56% year-over-year from $42.3 million in Q2 2025, and down 1.01% quarter-over-quarter from $44.3 million in Q1 2026.
Analysis
NewtekOne (NEWT) Operating Expenses (2021 - 2026) Analysis & Trends
NewtekOne (NEWT) has reported Operating Expenses for 6 consecutive years, with $43.8 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 3.56% year-over-year to $43.8 million in Q2 2026; TTM through Jun 2026 was $170.7 million, a 3.78% increase from a year earlier, with the FY2025 full-year figure at $166.1 million, up 2.08% from the prior year.
- Operating Expenses was $43.8 million for Q2 2026 at NewtekOne, down from $44.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at $44.3 million in Q1 2026 and troughed at $14.7 million in Q1 2022.
- A 5-year average of $35.0 million and a median of $39.7 million in 2023 frame the typical range for Operating Expenses.
- The widest YoY moves for Operating Expenses: up 640.39% in 2022, down 13.85% in 2022.
- Over 5 years, Operating Expenses stood at $19.6 million in 2022, then soared by 95.18% to $38.2 million in 2023, then climbed by 10.29% to $42.1 million in 2024, then dropped by 4.01% to $40.4 million in 2025, then gained by 8.33% to $43.8 million in 2026.
- The last three Operating Expenses figures came in at $43.8 million (Q2 2026), $44.3 million (Q1 2026), and $40.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,119.43 Bn | 1,530.93 Bn | 30.39 Bn | 18.63 Bn |
| 2 | Morgan Stanley | 330.57 Bn | 170.43 Bn | - | 13.90 Bn |
| 3 | Goldman Sachs | 305.73 Bn | -670.62 Bn | - | 11.67 Bn |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | 17.50 Bn |
| 5 | Royal Bank Of Canada | 290.20 Bn | 63.31 Bn | - | 7.02 Bn |
| 6 | Wells Fargo & Company | 272.00 Bn | 68.03 Bn | - | 13.66 Bn |
| 7 | American Express | 217.39 Bn | 168.07 Bn | 17.99 Bn | 14.48 Bn |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | -7.44 Bn |
| 9 | Toronto Dominion Bank | 207.43 Bn | 46.10 Bn | - | 6.08 Bn |
| 10 | NewtekOne | 346.75 Mn | -48.26 Mn | - | 43.82 Mn |
Historic Data
Download Data
Historic 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 |