Adagio Medical Holdings (ADGM) Operating Expenses (2023 - 2026)
Adagio Medical Holdings' (ADGM) quarterly Operating Expenses came in at $4.9 million in Q2 2026, up 4.6% year-over-year from $4.7 million in Q2 2025, and down 5.12% quarter-over-quarter from $5.2 million in Q1 2026.
Analysis
Adagio Medical Holdings (ADGM) Operating Expenses (2023 - 2026) Analysis & Trends
Adagio Medical Holdings has disclosed Operating Expenses across 4 years of filings, most recently posting $4.9 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 4.6% year-over-year to $4.9 million; the TTM figure through Jun 2026 stood at $19.8 million (down 15.95% YoY), while the FY2025 annual figure was $21.9 million, down 65.11% from the prior year.
- Operating Expenses came in at $4.9 million for Q2 2026 at Adagio Medical Holdings, down from $5.2 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $9.1 million in Q3 2023 to a low of $4.0 million in Q4 2025.
- Average Operating Expenses over 4 years is $6.1 million, with a median of $5.4 million recorded in 2023.
- Year-over-year, Operating Expenses sank 50.04% in 2024 and gained 25.54% in 2025.
- Over 4 years, Operating Expenses stood at $5.4 million in 2023, then declined by 15.78% to $4.6 million in 2024, then slipped by 12.93% to $4.0 million in 2025, then increased by 24.34% to $4.9 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $4.9 million in Q2 2026, $5.2 million in Q1 2026, and $4.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 10.90 Bn |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 988.50 Mn |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 3.97 Bn |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 2.84 Bn |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 2.67 Bn |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 846.40 Mn |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | -1.63 Bn |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 511.70 Mn |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 398.30 Mn |
| 10 | Adagio Medical Holdings | 13.45 Mn | 13.45 Mn | - | 4.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.93 Mn |
| Mar 31, 2026 | 5.20 Mn |
| Dec 31, 2025 | 3.97 Mn |
| Sep 30, 2025 | 5.72 Mn |
| Jun 30, 2025 | 4.72 Mn |
| Mar 31, 2025 | 7.40 Mn |
| Sep 30, 2024 | 4.56 Mn |
| Jun 30, 2024 | 6.91 Mn |
| Mar 31, 2024 | 8.84 Mn |
| Dec 31, 2023 | 5.41 Mn |
| Sep 30, 2023 | 9.12 Mn |