HeartBeam (BEAT) Operating Expenses (2020 - 2026)

HeartBeam (BEAT) reported Operating Expenses of $4.7 million for Q1 2026, down 14.32% year-over-year from $5.5 million in Q1 2025, and down 11.19% on a QoQ basis from $5.3 million in Q4 2025.

HeartBeam (BEAT) has 7 years of Operating Expenses data on file, last reported at $4.7 million in Q1 2026.

  • Quarterly Operating Expenses fell 14.32% year-over-year to $4.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $20.4 million (down 1.23% YoY) and the FY2025 annual result came in at $21.1 million, up 6.3% from the prior year.
  • Operating Expenses eased to $4.7 million in Q1 2026 per BEAT's latest filing, from $5.3 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $5.5 million in Q1 2025 and bottomed at $2.1 million in Q1 2022.
  • The 5-year median for Operating Expenses is $4.7 million (2026), against an average of $4.4 million.
  • The widest annual swing landed in 2022, when Operating Expenses jumped 1217.79%; it then declined 14.32% in 2026.
  • Tracing BEAT's Operating Expenses over 5 years: stood at $3.7 million in 2022, then grew by 9.9% to $4.1 million in 2023, then climbed by 20.32% to $4.9 million in 2024, then advanced by 7.4% to $5.3 million in 2025, then retreated by 11.19% to $4.7 million in 2026.
  • Per Business Quant, the three latest BEAT Operating Expenses figures stand at $4.7 million (Q1 2026), $5.3 million (Q4 2025), and $5.3 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Veeva Systems 30.85 Bn 24.28 Bn 622.47 Mn 376.60 Mn
2 BrightSpring Health Services 12.29 Bn 11.41 Bn 482.22 Mn 360.77 Mn
3 Healthequity 7.80 Bn 7.48 Bn 256.31 Mn 153.36 Mn
4 Hinge Health 4.82 Bn 4.51 Bn 154.23 Mn 122.16 Mn
5 Doximity 4.21 Bn 3.46 Bn 125.97 Mn 101.14 Mn
6 Waystar Holding 4.18 Bn 4.03 Bn 268.04 Mn 233.41 Mn
7 10x Genomics 3.78 Bn 3.24 Bn 106.18 Mn 123.22 Mn
8 Privia Health 2.65 Bn 2.28 Bn 595.71 Mn 596.43 Mn
9 Omnicell 1.95 Bn 1.78 Bn 140.36 Mn 123.51 Mn
10 HeartBeam 5.16 Mn 5.16 Mn - 4.72 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 4.72 Mn
Dec 31, 2025 5.31 Mn
Sep 30, 2025 5.29 Mn
Jun 30, 2025 5.04 Mn
Mar 31, 2025 5.50 Mn
Dec 31, 2024 4.94 Mn
Sep 30, 2024 5.07 Mn
Jun 30, 2024 5.09 Mn
Mar 31, 2024 4.78 Mn
Dec 31, 2023 4.11 Mn
Sep 30, 2023 3.74 Mn
Jun 30, 2023 3.31 Mn
Mar 31, 2023 4.16 Mn
Dec 31, 2022 3.74 Mn
Sep 30, 2022 3.61 Mn
Jun 30, 2022 3.54 Mn
Mar 31, 2022 2.15 Mn
Dec 31, 2021 1.34 Mn
Sep 30, 2021 446,000.00
Jun 30, 2021 337,000.00
Mar 31, 2021 163,000.00
Dec 31, 2020 261,000.00
Sep 30, 2020 272,000.00