Envoy Medical (COCH) Operating Expenses (2021 - 2026)
Envoy Medical (COCH) posted Operating Expenses of -$1.6 million for Q1 2026, down 124.8% sequentially from $6.5 million in Q4 2025, and down 131.09% YoY from $5.2 million in Q1 2025.
Envoy Medical (COCH) Operating Expenses (2021 - 2026) Analysis & Trends
Envoy Medical has reported Operating Expenses for 6 years, with the latest figure at -$1.6 million in Q1 2026.
- Quarterly Operating Expenses fell 131.09% year-over-year to -$1.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $15.8 million (down 19.99% YoY) and the FY2025 annual result came in at $22.5 million, up 15.55% from the prior year.
- Operating Expenses fell to -$1.6 million in Q1 2026 per COCH's latest filing, from $6.5 million in the prior quarter.
- Over five years, Operating Expenses peaked at $6.8 million in Q4 2023 and troughed at -$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.
- The sharpest annual moves came in 2023 and 2026: Operating Expenses jumped 404.02% in 2023, then plunged 131.09% in 2026.
- Over 5 years, Operating Expenses stood at $2.9 million in 2022, then surged by 133.01% to $6.8 million in 2023, then slumped by 32.66% to $4.6 million in 2024, then soared by 40.71% to $6.5 million in 2025, then tumbled 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.51 Bn | 194.91 Bn | 7.27 Bn | 10.90 Bn |
| 2 | Stryker | 129.96 Bn | 126.48 Bn | 4.50 Bn | 2.84 Bn |
| 3 | Medtronic | 120.18 Bn | 110.96 Bn | 6.41 Bn | 3.59 Bn |
| 4 | Boston Scientific | 74.28 Bn | 73.74 Bn | 3.85 Bn | 2.67 Bn |
| 5 | Edwards Lifesciences | 52.75 Bn | 48.50 Bn | 1.35 Bn | 846.40 Mn |
| 6 | Dexcom | 34.67 Bn | 32.73 Bn | 830.00 Mn | 511.70 Mn |
| 7 | GE HealthCare Technologies | 34.23 Bn | 32.12 Bn | 2.18 Bn | 1.44 Bn |
| 8 | Koninklijke Philips | 26.46 Bn | 23.14 Bn | 4.55 Bn | -741.59 Mn |
| 9 | Steris | 23.30 Bn | 22.82 Bn | 684.20 Mn | 398.30 Mn |
| 10 | Envoy Medical | 76.96 Mn | 57.28 Mn | -227,000.00 | 5.62 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.62 Mn |
| 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 |