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% year-over-year from $7.4 million in Q1 2025, and up 31.05% quarter-over-quarter 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.

  • Operating Expenses for Q1 2026 came in at $5.2 million, down 29.7% year-over-year; the trailing twelve-month figure through Mar 2026 was $19.6 million (up 3.92% YoY), and the FY2025 annual result was $21.9 million, down 65.11% from the prior year.
  • Operating Expenses grew to $5.2 million in Q1 2026 per ADGM's latest filing, from $4.0 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $9.1 million in Q3 2023 and troughed at $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.
  • The sharpest annual moves came in 2024 and 2025: Operating Expenses slumped 50.04% in 2024, then advanced 25.54% in 2025.
  • A 4-year view of Operating Expenses shows it stood at $5.4 million in 2023, then fell by 15.78% to $4.6 million in 2024, then dropped by 12.93% to $4.0 million in 2025, then jumped 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 154.42 Bn 147.76 Bn 6.27 Bn 9.82 Bn
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 2.87 Bn
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 3.76 Bn
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 2.51 Bn
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 822.60 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -668.50 Mn
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 495.00 Mn
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 1.46 Bn
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 380.30 Mn
10 Adagio Medical Holdings 15.88 Mn 2.97 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