Envoy Medical (COCH) Operating Expenses (2021 - 2026)
Envoy Medical (COCH) reported Operating Expenses of -$1.6 million for Q1 2026, down 131.09% on a YoY basis from $5.2 million in Q1 2025, and down 124.8% sequentially from $6.5 million in Q4 2025.
Envoy Medical (COCH) Operating Expenses (2021 - 2026) Analysis & Trends
Envoy Medical (COCH) has 6 years of Operating Expenses data on file, last reported at -$1.6 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 131.09% year-over-year to -$1.6 million; the trailing twelve-month figure through Mar 2026 stood at $15.8 million (down 19.99% YoY), and the FY2025 full-year result was $22.5 million, up 15.55% from the prior year.
- Operating Expenses fell to -$1.6 million in Q1 2026, 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 $3.7 million and a median of $4.5 million in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses surged 404.02% in 2023 and slumped 131.09% in 2026, its largest moves.
- Tracing COCH's Operating Expenses over 5 years: stood at $2.9 million in 2022, then surged by 133.01% to $6.8 million in 2023, then tumbled by 32.66% to $4.6 million in 2024, then soared by 40.71% to $6.5 million in 2025, then plunged by 124.8% to -$1.6 million in 2026.
- Business Quant data shows COCH's Operating Expenses at -$1.6 million in Q1 2026, $6.5 million in Q4 2025, and $5.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 9.82 Bn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 2.87 Bn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 3.59 Bn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 2.51 Bn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 785.50 Mn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 495.00 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -668.50 Mn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 1.46 Bn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | -47.00 Mn |
| 10 | Envoy Medical | 45.50 Mn | 20.25 Mn | -274,000.00 | -1.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 5.15 Mn |
| Dec 31, 2024 | 4.59 Mn |
| Sep 30, 2024 | 5.03 Mn |
| Jun 30, 2024 | 4.92 Mn |
| Mar 31, 2024 | 1.34 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 |