Operating Expenses

Other operating expenses

Ready Capital Other operating expenses decreased by 14.2% to $29.01M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 80.0%, from $16.12M to $29.01M. Over 4 years (FY 2021 to FY 2025), Other operating expenses shows an upward trend with a 16.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026May 8, 2026

How to read this metric

Consistent or decreasing levels indicate effective control over general overhead and administrative efficiency.

Detailed definition

Miscellaneous administrative and operational costs that do not fall into specific categories like personnel or professio...

Peer comparison

Standard line item in financial reporting, though definitions can vary slightly between peers.

Metric ID: other_operating_expenses

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$17.19M$12.93M$4.30M$12.65M$14.37M$15.40M$1.20M$12.61M$9.56M$12.76M$16.03M$13.22M$12.67M$18.05M$19.64M$16.12M$16.13M$24.88M$33.82M$29.01M
QoQ Change-24.8%-66.7%+194.1%+13.6%+7.1%-92.2%+951.6%-24.2%+33.5%+25.6%-17.5%-4.1%+42.4%+8.8%-17.9%+0.1%+54.2%+35.9%-14.2%
YoY Change-16.4%+19.1%-72.1%-0.3%-33.5%-17.1%>999%+4.8%+32.6%+41.4%+22.5%+22.0%+27.3%+37.8%+72.2%+80.0%
Range$1.20M$33.82M
CAGR+11.7%
Avg YoY Growth+91.1%
Median YoY Growth+22.3%

Business Segments — Sbc Lending And Acquisitions

View all
SegmentQ3 '22Q1 '23Q2 '23Q3 '23Q4 '23Q2 '24Q3 '24Q1 '25
Small Business Lending$10.64M$10.43M$10.19M$9.77M$31.19M$376.00K$10.79M$7.26M
Lmm Commercial Real Estate$7.38M$12.72M$4.80M$2.80M$3.04M
Residential Mortgage Banking$15.00K$31.00K$24.00K$43.00K
Sbc Lending And Acquisitions$5.48M$9.09M$8.17M$8.57M
Total$15.40M$12.61M$9.56M$12.76M$16.03M$12.67M$18.05M$16.12M

Lmm Commercial Real Estate, Residential Mortgage Banking, Sbc Lending And Acquisitions, Small Business Lending were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Business Segments — LMM Commercial Real Estate

View all
SegmentQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26
LMM Commercial Real Estate$3.04M$2.78M$7.24M$12.76M$11.94M
Small Business Lending$7.26M$7.52M$6.48M$2.01M$5.19M
Total$16.12M$16.13M$24.88M$33.82M$29.01M

Frequently Asked Questions

What is Ready Capital's other operating expenses?
Ready Capital (RC) reported other operating expenses of $29.01M in Q1 2026.
How has Ready Capital's other operating expenses changed year-over-year?
Ready Capital's other operating expenses increased by 80.0% year-over-year, from $16.12M to $29.01M.
What is the long-term trend for Ready Capital's other operating expenses?
Over 4 years (2021 to 2025), Ready Capital's other operating expenses has grown at a 16.2% compound annual growth rate (CAGR), from $49.90M to $90.96M.
What does other operating expenses mean?
General business expenses not categorized elsewhere.