HeartBeam (BEAT) Operating Expenses (2020 - 2026)

HeartBeam's (BEAT) quarterly Operating Expenses came in at $4.7 million in Q1 2026, down 14.32% year-on-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) Operating Expenses (2020 - 2026) Analysis & Trends

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

  • On a quarterly basis, Operating Expenses fell 14.32% year-over-year to $4.7 million in Q1 2026; TTM through Mar 2026 was $20.4 million, a 1.23% decrease from a year earlier, with the FY2025 full-year figure at $21.1 million, up 6.3% from the prior year.
  • Operating Expenses for Q1 2026 stood at $4.7 million, down from $5.3 million in the prior quarter.
  • Over the last five years, Operating Expenses for BEAT reached as high as $5.5 million in Q1 2025 and fell as low as $2.1 million in Q1 2022.
  • Historically, Operating Expenses has averaged $4.4 million across 5 years, with a median of $4.7 million in 2026.
  • Across the five-year window, Operating Expenses jumped 1217.79% in 2022 and declined 14.32% in 2026, its largest moves.
  • Year by year, Operating Expenses stood at $3.7 million in 2022, then climbed by 9.9% to $4.1 million in 2023, then advanced by 20.32% to $4.9 million in 2024, then gained by 7.4% to $5.3 million in 2025, then fell by 11.19% to $4.7 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $4.7 million in Q1 2026, $5.3 million in Q4 2025, and $5.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Veeva Systems 29.34 Bn 22.03 Bn 662.02 Mn 388.91 Mn
2 BrightSpring Health Services 13.49 Bn 12.59 Bn 482.22 Mn 360.77 Mn
3 Healthequity 7.96 Bn 7.70 Bn 256.31 Mn 153.36 Mn
4 10x Genomics 6.17 Bn 5.63 Bn 106.18 Mn 123.22 Mn
5 Hinge Health 6.02 Bn 5.70 Bn 154.23 Mn 122.16 Mn
6 MiniMed 4.19 Bn 3.89 Bn 480.00 Mn 398.00 Mn
7 Waystar Holding 4.14 Bn 4.07 Bn 216.84 Mn 233.41 Mn
8 Doximity 3.82 Bn 3.08 Bn 125.97 Mn 101.14 Mn
9 Privia Health 3.10 Bn 2.73 Bn - 596.43 Mn
10 HeartBeam 21.92 Mn 21.92 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