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.
Consistent or decreasing levels indicate effective control over general overhead and administrative efficiency.
Miscellaneous administrative and operational costs that do not fall into specific categories like personnel or professio...
Standard line item in financial reporting, though definitions can vary slightly between peers.
other_operating_expenses| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '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% |
| Segment | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q2 '24 | Q3 '24 | Q1 '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.
| Segment | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '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 |