Adagio Medical Holdings (ADGM) Operating Expenses (2023 - 2026)
Adagio Medical Holdings' Operating Expenses came in at $4.93 million for Q2 2026, up 4.6% from $4.72 million a year earlier but down 5.1% from the prior quarter.
Adagio Medical Holdings (ADGM) Operating Expenses (2023 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Adagio Medical Holdings reported Operating Expenses of $19.82 million, down 15.9% year-over-year; for FY2025, it came in at $21.89 million, down 65.1% from FY2024.
- Going back by year, Operating Expenses was $62.75 million in FY2024 (+122.2%) and $28.24 million in FY2023.
- The five-year range for quarterly Operating Expenses is $3.97 million (Q4 2025) to $9.12 million (Q3 2023).
- Business Quant data shows ADGM's Operating Expenses at $5.2 million (Q1 2026), $3.97 million (Q4 2025) and $5.72 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 9.87 Bn |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 11.66 Bn |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 2.59 Bn |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | 1.49 Bn |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 4.06 Bn |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 3.21 Bn |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 2.60 Bn |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 844.30 Mn |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | 1.43 Bn |
| 10 | Adagio Medical Holdings | 1.36 Mn | -41.09 Mn | - | 4.93 Mn |
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 |
| Dec 31, 2024 | -9.02 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 |
Adagio Medical Holdings Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=ADGM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "ADGM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=ADGM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();