Adagio Medical Holdings (ADGM) Operating Expenses (2023 - 2026)

Adagio Medical Holdings (ADGM) reported Operating Expenses of $5.2 million for Q1 2026, down 29.7% on a YoY basis from $7.4 million in Q1 2025, and up 31.05% sequentially from $4.0 million in Q4 2025.

Adagio Medical Holdings (ADGM) Operating Expenses (2023 - 2026) Analysis & Trends

Adagio Medical Holdings (ADGM) has 4 years of Operating Expenses data on file, last reported at $5.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 29.7% year-over-year to $5.2 million; the trailing twelve-month figure through Mar 2026 stood at $19.6 million (up 3.92% YoY), and the FY2025 full-year result was $21.9 million, down 65.11% from the prior year.
  • Operating Expenses improved to $5.2 million in Q1 2026, from $4.0 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.
  • A 4-year average of $6.2 million and a median of $5.6 million in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses plunged 50.04% in 2024 and rose 25.54% in 2025, its largest moves.
  • Tracing ADGM's Operating Expenses over 4 years: stood at $5.4 million in 2023, then dropped by 15.78% to $4.6 million in 2024, then decreased by 12.93% to $4.0 million in 2025, then surged by 31.05% to $5.2 million in 2026.
  • Business Quant data shows ADGM's Operating Expenses at $5.2 million in Q1 2026, $4.0 million in Q4 2025, and $5.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 9.82 Bn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 2.87 Bn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 3.59 Bn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 2.51 Bn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 785.50 Mn
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 495.00 Mn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -668.50 Mn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 1.46 Bn
9 Smith & Nephew 25.80 Bn 25.22 Bn - -47.00 Mn
10 Adagio Medical Holdings 21.49 Mn 21.49 Mn - 5.20 Mn

Historic Data

Download Data
DateValue
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