Axogen (AXGN) Operating Expenses (2010 - 2026)
Axogen (AXGN) posted Operating Expenses of $52.8 million for Q2 2026, up 7.77% on a QoQ basis from $49.0 million in Q1 2026, and up 30.94% year-over-year from $40.3 million in Q2 2025.
Analysis
Axogen (AXGN) Operating Expenses (2010 - 2026) Analysis & Trends
Axogen has reported Operating Expenses for 17 years, with the latest figure at $52.8 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 30.94% year-over-year to $52.8 million in Q2 2026; TTM through Jun 2026 was $200.1 million, a 34.08% increase from a year earlier, with the FY2025 full-year figure at $175.2 million, up 20.61% from the prior year.
- Operating Expenses was $52.8 million for Q2 2026 at Axogen, up from $49.0 million in the prior quarter.
- The five-year high for Operating Expenses was $54.2 million in Q4 2025, with the low at $30.0 million in Q4 2022.
- Average Operating Expenses over 5 years is $39.1 million, with a median of $36.6 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses slipped 4.64% in 2022, then soared 52.37% in 2025.
- Over 5 years, Operating Expenses stood at $30.0 million in 2022, then gained by 17.37% to $35.2 million in 2023, then advanced by 0.97% to $35.6 million in 2024, then jumped by 52.37% to $54.2 million in 2025, then dropped by 2.49% to $52.8 million in 2026.
- The last three Operating Expenses figures came in at $52.8 million (Q2 2026), $49.0 million (Q1 2026), and $54.2 million (Q4 2025), per Business Quant data.
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 | Axogen | 2.51 Bn | 2.40 Bn | 50.67 Mn | 52.83 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 52.83 Mn |
| Mar 31, 2026 | 49.02 Mn |
| Dec 31, 2025 | 54.18 Mn |
| Sep 30, 2025 | 44.08 Mn |
| Jun 30, 2025 | 40.35 Mn |
| Mar 31, 2025 | 36.59 Mn |
| Dec 31, 2024 | 35.56 Mn |
| Sep 30, 2024 | 36.75 Mn |
| Jun 30, 2024 | 35.77 Mn |
| Mar 31, 2024 | 37.18 Mn |
| Dec 31, 2023 | 35.22 Mn |
| Sep 30, 2023 | 35.73 Mn |
| Jun 30, 2023 | 36.55 Mn |
| Mar 31, 2023 | 35.83 Mn |
| Dec 31, 2022 | 30.00 Mn |
| Sep 30, 2022 | 35.64 Mn |
| Jun 30, 2022 | 36.09 Mn |
| Mar 31, 2022 | 36.78 Mn |
| Dec 31, 2021 | 31.46 Mn |
| Sep 30, 2021 | 32.65 Mn |