Ladder Capital Loans — Operating Expenses increased by 472.5% to $584.00K in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 26.1%, from $790.00K to $584.00K. Over 3 years (FY 2022 to FY 2025), Loans — Operating Expenses shows relatively stable performance with a -3.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
A decrease relative to revenue indicates improved operational efficiency, while an increase suggests rising overhead or scaling costs.
The total costs incurred to operate the loan segment, encompassing personnel, administrative, and investment-related exp...
Standard operating expense metric used to evaluate the cost-to-income ratio of business units.
ladr_segment_loans_operating_expenses| 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 | $915.00K | $412.00K | $782.00K | -$40.00K | $917.00K | $610.00K | $967.00K | $1.79M | $1.70M | $1.85M | $1.59M | $1.63M | $691.00K | $1.04M | $790.00K | $538.00K | $643.00K | $102.00K | $584.00K |
| QoQ Change | — | -55.0% | +89.8% | -105.1% | >999% | -33.5% | +58.5% | +84.8% | -4.6% | +8.6% | -14.2% | +2.6% | -57.6% | +49.9% | -23.7% | -31.9% | +19.5% | -84.1% | +472.5% |
| YoY Change | — | — | — | -104.4% | +122.6% | — | +23.7% | >999% | +85.8% | +203.4% | +64.3% | -8.7% | -59.4% | -44.0% | -50.3% | -67.0% | -6.9% | -90.2% | -26.1% |