BayFirst Financial Operating Expenses Growth & History (BAFN)
BayFirst Financial's operating expenses was $70.4M for fiscal 2025.
View full BayFirst Financial company overviewBayFirst Financial annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $70.4M | $3.6M | +5.46% |
| 2024 | 2024-12-31 | $66.8M | −$925,000 | −1.37% |
| 2023 | 2023-12-31 | $67.7M | $12.5M | +22.63% |
| 2022 | 2022-12-31 | $55.2M | $4.9M | +9.81% |
| 2021 | 2021-12-31 | $50.3M | −$48.2M | −48.94% |
| 2020 | 2020-12-31 | $98.5M | — | — |
BayFirst Financial quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $17.7M | $148,000 | +0.84% |
| Q1 2026 | 2026-03-31 | $14.9M | −$927,000 | −5.86% |
| Q4 2025 | 2025-12-31 | $11.9M | −$3.5M | −22.60% |
| Q3 2025 | 2025-09-30 | $25.2M | $8.2M | +47.77% |
| Q2 2025 | 2025-06-30 | $17.5M | $918,000 | +5.53% |
| Q1 2025 | 2025-03-31 | $15.8M | −$2.0M | −11.03% |
| Q4 2024 | 2024-12-31 | $15.3M | −$3.1M | −16.96% |
| Q3 2024 | 2024-09-30 | $17.1M | −$363,000 | −2.08% |
| Q2 2024 | 2024-06-30 | $16.6M | $208,000 | +1.27% |
| Q1 2024 | 2024-03-31 | $17.8M | $2.4M | +15.32% |
| Q4 2023 | 2023-12-31 | $18.5M | $5.0M | +36.86% |
| Q3 2023 | 2023-09-30 | $17.4M | $3.3M | +23.09% |
| Q2 2023 | 2023-06-30 | $16.4M | $2.7M | +19.81% |
| Q1 2023 | 2023-03-31 | $15.4M | $1.5M | +11.11% |
| Q4 2022 | 2022-12-31 | $13.5M | — | — |
| Q3 2022 | 2022-09-30 | $14.2M | $1.6M | +12.67% |
| Q2 2022 | 2022-06-30 | $13.7M | −$20.0M | −59.34% |
| Q1 2022 | 2022-03-31 | $13.9M | −$19.9M | −58.87% |
| Q3 2021 | 2021-09-30 | $12.6M | −$15.6M | −55.45% |
| Q2 2021 | 2021-06-30 | $33.7M | — | — |
| Q1 2021 | 2021-03-31 | $33.7M | — | — |
| Q3 2020 | 2020-09-30 | $28.2M | — | — |
BayFirst Financial operating expenses trends
Over the last five fiscal years, BayFirst Financial's operating expenses decreased from $98.5M to $70.4M, a change of −$28.0M. The latest reported quarter, Q2 2026, shows $17.7M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review BayFirst Financial source filings ↗