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
DateValue
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