Axogen (AXGN) Operating Expenses (2010 - 2026)
Axogen's (AXGN) quarterly Operating Expenses came in at $49.0 million in Q1 2026, up 33.96% year-on-year from $36.6 million in Q1 2025, and down 9.52% quarter-over-quarter from $54.2 million in Q4 2025.
Axogen (AXGN) Operating Expenses (2010 - 2026) Analysis & Trends
Axogen's Operating Expenses history runs 17 years deep, the most recent figure standing at $49.0 million for Q1 2026.
- On a quarterly basis, Operating Expenses rose 33.96% year-over-year to $49.0 million in Q1 2026; TTM through Mar 2026 was $187.6 million, a 29.69% increase from a year earlier, with the FY2025 full-year figure at $175.2 million, up 20.61% from the prior year.
- Operating Expenses eased to $49.0 million in Q1 2026 per AXGN's latest filing, from $54.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $54.2 million in Q4 2025 and bottomed at $30.0 million in Q4 2022.
- The 5-year median for Operating Expenses is $36.6 million (2023), against an average of $38.3 million.
- Across the five-year window, Operating Expenses dropped 4.64% in 2022 and jumped 52.37% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $30.0 million in 2022, then rose by 17.37% to $35.2 million in 2023, then gained by 0.97% to $35.6 million in 2024, then soared by 52.37% to $54.2 million in 2025, then dropped by 9.52% to $49.0 million in 2026.
- Per Business Quant, the three latest AXGN Operating Expenses figures stand at $49.0 million (Q1 2026), $54.2 million (Q4 2025), and $44.1 million (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 | Axogen | 2.05 Bn | 1.95 Bn | 46.19 Mn | 49.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 33.64 Mn |