Apyx Medical (APYX) Operating Expenses (2011 - 2026)
Apyx Medical (APYX) posted Operating Expenses of $8.8 million for Q1 2026, down 26.29% on a QoQ basis from $12.0 million in Q4 2025, and up 1.38% year-over-year from $8.7 million in Q1 2025.
Apyx Medical (APYX) Operating Expenses (2011 - 2026) Analysis & Trends
Apyx Medical's Operating Expenses history runs 16 years deep, the most recent figure standing at $8.8 million for Q1 2026.
- Quarterly Operating Expenses rose 1.38% year-over-year to $8.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $39.6 million (down 10.7% YoY) and the FY2025 annual result came in at $39.5 million, down 18.08% from the prior year.
- Operating Expenses was $8.8 million for Q1 2026 at Apyx Medical, down from $12.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $14.7 million in Q4 2023 and bottomed at $8.7 million in Q1 2025.
- A 5-year average of $11.9 million and a median of $12.6 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 32.86% — and 2025, when it tumbled 30.63%.
- Apyx Medical's Operating Expenses stood at $14.2 million in 2022, then grew by 3.68% to $14.7 million in 2023, then fell by 18.26% to $12.0 million in 2024, then decreased by 0.2% to $12.0 million in 2025, then fell by 26.29% to $8.8 million in 2026.
- Business Quant data shows APYX's Operating Expenses at $8.8 million in Q1 2026, $12.0 million in Q4 2025, and $9.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.26 Bn | 175.96 Bn | 6.27 Bn | 9.82 Bn |
| 2 | Stryker | 128.79 Bn | 125.92 Bn | 3.81 Bn | 2.87 Bn |
| 3 | Medtronic | 108.56 Bn | 99.34 Bn | 6.41 Bn | 3.59 Bn |
| 4 | Boston Scientific | 68.31 Bn | 66.86 Bn | 3.61 Bn | 2.51 Bn |
| 5 | Edwards Lifesciences | 47.27 Bn | 43.60 Bn | 1.29 Bn | 785.50 Mn |
| 6 | Dexcom | 28.42 Bn | 27.31 Bn | 750.30 Mn | 495.00 Mn |
| 7 | GE HealthCare Technologies | 28.40 Bn | 26.12 Bn | 1.98 Bn | 1.46 Bn |
| 8 | Smith & Nephew | 26.95 Bn | 26.37 Bn | - | -47.00 Mn |
| 9 | Koninklijke Philips | 25.52 Bn | 22.40 Bn | 2.07 Bn | -668.50 Mn |
| 10 | Apyx Medical | 168.63 Mn | 137.49 Mn | 7.93 Mn | 8.84 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.84 Mn |
| Dec 31, 2025 | 11.99 Mn |
| Sep 30, 2025 | 9.13 Mn |
| Jun 30, 2025 | 9.66 Mn |
| Mar 31, 2025 | 8.72 Mn |
| Dec 31, 2024 | 12.01 Mn |
| Sep 30, 2024 | 10.59 Mn |
| Jun 30, 2024 | 13.04 Mn |
| Mar 31, 2024 | 12.56 Mn |
| Dec 31, 2023 | 14.70 Mn |
| Sep 30, 2023 | 12.62 Mn |
| Jun 30, 2023 | 13.21 Mn |
| Mar 31, 2023 | 13.18 Mn |
| Dec 31, 2022 | 14.17 Mn |
| Sep 30, 2022 | 11.54 Mn |
| Jun 30, 2022 | 12.89 Mn |
| Mar 31, 2022 | 14.09 Mn |
| Dec 31, 2021 | 13.84 Mn |
| Sep 30, 2021 | 12.02 Mn |
| Jun 30, 2021 | 11.58 Mn |