HeartBeam (BEAT) Operating Expenses (2020 - 2026)
HeartBeam (BEAT) posted quarterly 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% quarter-over-quarter from $5.3 million in Q4 2025.
HeartBeam (BEAT) Operating Expenses (2020 - 2026) Analysis & Trends
HeartBeam (BEAT) has reported Operating Expenses for 7 consecutive years, with $4.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 14.32% year-over-year to $4.7 million; the TTM figure through Mar 2026 stood at $20.4 million (down 1.23% YoY), while the FY2025 annual figure was $21.1 million, up 6.3% from the prior year.
- Operating Expenses fell 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.
- Historically, Operating Expenses has averaged $4.4 million across 5 years, with a median of $4.7 million in 2026.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 1217.79% — and 2026, when it retreated 14.32%.
- HeartBeam's Operating Expenses stood at $3.7 million in 2022, then gained by 9.9% to $4.1 million in 2023, then rose by 20.32% to $4.9 million in 2024, then increased by 7.4% to $5.3 million in 2025, then dropped by 11.19% to $4.7 million in 2026.
- Business Quant data shows BEAT's Operating Expenses at $4.7 million in Q1 2026, $5.3 million in Q4 2025, and $5.3 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 388.91 Mn |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 362.36 Mn |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 153.36 Mn |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | 132.05 Mn |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 143.51 Mn |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | 398.00 Mn |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 243.63 Mn |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 99.28 Mn |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | 71.09 Mn |
| 10 | HeartBeam | 28.17 Mn | 19.45 Mn | - | 5.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.09 Mn |
| 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 |