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

Envoy Medical's (COCH) quarterly Operating Expenses came in at -$1.6 million in Q1 2026, down 160.49% year-on-year from $2.6 million in Q1 2025, and down 124.8% quarter-over-quarter from $6.5 million in Q4 2025.

Envoy Medical (COCH) Operating Expenses (2021 - 2026) Analysis & Trends

Envoy Medical has disclosed Operating Expenses across 6 years of filings, most recently posting -$1.6 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at -$1.6 million, down 160.49% year-over-year; the trailing twelve-month figure through Mar 2026 was $15.8 million (up 13.16% YoY), and the FY2025 annual result 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.
  • The 5-year median for Operating Expenses is $4.5 million (2023), against an average of $3.6 million.
  • Across the five-year window, Operating Expenses surged 404.02% in 2023 and sank 160.49% in 2026, its largest moves.
  • Envoy Medical's Operating Expenses stood at $2.9 million in 2022, then soared by 133.01% to $6.8 million in 2023, then slumped by 32.66% to $4.6 million in 2024, then jumped by 40.71% to $6.5 million in 2025, then tumbled by 124.8% to -$1.6 million in 2026.
  • The last three Operating Expenses figures came in at -$1.6 million (Q1 2026), $6.5 million (Q4 2025), and $5.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 9.82 Bn
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 2.87 Bn
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 3.76 Bn
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 2.51 Bn
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 822.60 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -668.50 Mn
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 495.00 Mn
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 1.46 Bn
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 380.30 Mn
10 Envoy Medical 44.81 Mn 19.56 Mn -274,000.00 -1.60 Mn

Historic Data

Download Data
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