Envoy Medical (COCHW) Operating Expenses (2021 - 2026)
Envoy Medical's (COCHW) 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 (COCHW) 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 | - | - | -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 | -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 |