Total Operating Expenses
Ready Capital Total Operating Expenses decreased by 17.3% to $82.73M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 14.0%, from $72.60M to $82.73M. Over 3 years (FY 2022 to FY 2025), Total Operating Expenses shows an upward trend with a 13.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
Lowering this relative to revenue indicates improved operating leverage and efficiency.
Detailed definition
The sum of all costs incurred to operate the business, excluding interest expense and provisions for loan losses. This m...
Peer comparison
A primary metric for comparing operational cost structures across the financial services industry.
total_operating_expensesHistorical Data
| Q2 '21 | Q3 '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 | $80.08M | $88.82M | $67.54M | $58.72M | $74.60M | $15.48M | $56.05M | $70.70M | $65.51M | $79.91M | $78.26M | $67.44M | $69.93M | $106.89M | $72.60M | $70.28M | $74.34M | $100.05M | $82.73M |
| QoQ Change | — | +10.9% | -24.0% | -13.1% | +27.0% | -79.2% | +262.0% | +26.1% | -7.3% | +22.0% | -2.1% | -13.8% | +3.7% | +52.9% | -32.1% | -3.2% | +5.8% | +34.6% | -17.3% |
| YoY Change | — | — | — | -26.7% | -16.0% | — | -17.0% | +20.4% | -12.2% | +416.1% | +39.6% | -4.6% | +6.8% | +33.8% | -7.2% | +4.2% | +6.3% | -6.4% | +14.0% |
Business Segments — Sbc Lending And Acquisitions
| Segment | Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 |
|---|---|---|---|---|---|
| Sbc Lending And Acquisitions | $16.88M | $18.02M | $24.11M | $23.55M | $22.84M |
| Residential Mortgage Banking | $35.99M | $36.59M | $13.34M | $7.22M | $18.88M |
| Total | $80.08M | $88.82M | $67.54M | $58.72M | $74.60M |
Residential Mortgage Banking, Sbc Lending And Acquisitions 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
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| LMM Commercial Real Estate | $31.27M | $21.08M | $52.44M | $27.76M | $27.52M | $29.14M | $53.64M | $40.94M |
| Small Business Lending | $17.29M | $30.34M | $31.15M | $30.06M | $27.72M | $28.36M | $28.14M | $29.21M |
| Total | $67.44M | $69.93M | $106.89M | $72.60M | $70.28M | $74.34M | $100.05M | $82.73M |
Total Operating Expenses at Other Companies
Frequently Asked Questions
- What is Ready Capital's total operating expenses?
- Ready Capital (RC) reported total operating expenses of $82.73M in Q1 2026.
- How has Ready Capital's total operating expenses changed year-over-year?
- Ready Capital's total operating expenses increased by 14.0% year-over-year, from $72.60M to $82.73M.
- What is the long-term trend for Ready Capital's total operating expenses?
- Over 3 years (2022 to 2025), Ready Capital's total operating expenses has grown at a 13.6% compound annual growth rate (CAGR), from $216.34M to $317.27M.
- What does total operating expenses mean?
- The total cost of running the company's daily operations.