Growth Metrics

Envoy Medical (COCH) Operating Expenses (2021 - 2026)

Envoy Medical recorded quarterly Operating Expenses of -$1.6 million in Q1 2026, down 124.8% quarter-over-quarter from $6.5 million in Q4 2025, and down 160.49% year-over-year from $2.6 million in Q1 2025.

Envoy Medical's Operating Expenses history runs 6 years deep, the most recent figure standing at -$1.6 million for Q1 2026.

  • In Q1 2026, Operating Expenses fell 160.49% year-over-year to -$1.6 million; the TTM figure through Mar 2026 stood at $15.8 million (up 13.16% YoY), while the FY2025 annual figure was $22.5 million, up 15.55% from the prior year.
  • Operating Expenses came in at -$1.6 million for Q1 2026 at Envoy Medical, down from $6.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $6.8 million in Q4 2023 to a low of -$1.6 million in Q1 2026.
  • A 5-year average of $3.6 million and a median of $4.5 million in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses soared 404.02% in 2023 and plunged 160.49% in 2026, its largest moves.
  • Envoy Medical's Operating Expenses stood at $2.9 million in 2022, then jumped by 133.01% to $6.8 million in 2023, then sank by 32.66% to $4.6 million in 2024, then surged by 40.71% to $6.5 million in 2025, then slumped by 124.8% to -$1.6 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered -$1.6 million, $6.5 million, and $5.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Abbott Laboratories 152.82 Bn 146.17 Bn 6.27 Bn 9.82 Bn
2 Stryker 115.07 Bn 112.19 Bn 3.81 Bn 2.87 Bn
3 Medtronic 95.25 Bn 87.08 Bn 5.76 Bn 3.76 Bn
4 Boston Scientific 71.38 Bn 70.17 Bn 3.61 Bn 2.51 Bn
5 Edwards Lifesciences 51.08 Bn 47.41 Bn 1.29 Bn 822.60 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -668.50 Mn
7 Dexcom 28.84 Bn 27.72 Bn 750.30 Mn 495.00 Mn
8 GE HealthCare Technologies 28.56 Bn 26.49 Bn 1.98 Bn 1.46 Bn
9 Steris 20.71 Bn 20.30 Bn 697.10 Mn 380.30 Mn
10 Envoy Medical 48.11 Mn 22.86 Mn -274,000.00 -1.60 Mn

Historic Data

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DateValue
Mar 31, 2026 -1.60 Mn
Dec 31, 2025 6.46 Mn
Sep 30, 2025 5.75 Mn
Jun 30, 2025 5.15 Mn
Mar 31, 2025 -615,000.00
Dec 31, 2024 4.59 Mn
Sep 30, 2024 5.03 Mn
Jun 30, 2024 4.92 Mn
Mar 31, 2024 4.94 Mn
Dec 31, 2023 6.82 Mn
Sep 30, 2023 3.47 Mn
Jun 30, 2023 4.54 Mn
Mar 31, 2023 3.85 Mn
Dec 31, 2022 2.93 Mn
Sep 30, 2022 1.85 Mn
Jun 30, 2022 901,356.00
Mar 31, 2022 1.49 Mn
Dec 31, 2021 963,905.00
Sep 30, 2021 2.99 Mn
Jun 30, 2021 1.07 Mn
Mar 31, 2021 966,277.00