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| Date | Value |
|---|---|
| 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 |