EBR Systems (EBRCZ) Operating Expenses (2023 - 2026)
EBR Systems' (EBRCZ) quarterly Operating Expenses came in at $16.4 million in Q1 2026, up 67.21% year-over-year from $9.8 million in Q1 2025, and up 21.39% quarter-over-quarter from $13.5 million in Q4 2025.
Analysis
EBR Systems (EBRCZ) Operating Expenses (2023 - 2026) Analysis & Trends
EBR Systems has disclosed Operating Expenses across 4 years of filings, most recently posting $16.4 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 67.21% year-over-year to $16.4 million; the TTM figure through Mar 2026 stood at $53.2 million (up 34.47% YoY), while the FY2025 annual figure was $46.6 million, up 21.55% from the prior year.
- Operating Expenses came in at $16.4 million for Q1 2026 at EBR Systems, up from $13.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $16.4 million in Q1 2026 to a low of $8.6 million in Q1 2024.
- Average Operating Expenses over 4 years is $10.9 million, with a median of $10.2 million recorded in 2023.
- Year-over-year, Operating Expenses dropped 3.44% in 2024 and surged 67.21% in 2026.
- Over 4 years, Operating Expenses stood at $10.2 million in 2023, then slipped by 3.44% to $9.8 million in 2024, then surged by 37.13% to $13.5 million in 2025, then rose by 21.39% to $16.4 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $16.4 million in Q1 2026, $13.5 million in Q4 2025, and $12.1 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 179.79 Bn | 174.18 Bn | 7.27 Bn | 10.90 Bn |
| 2 | Intuitive Surgical | 127.69 Bn | 122.47 Bn | 1.96 Bn | 988.50 Mn |
| 3 | Medtronic | 117.23 Bn | 108.41 Bn | 6.34 Bn | 3.97 Bn |
| 4 | Stryker | 103.55 Bn | 100.07 Bn | 4.50 Bn | 2.84 Bn |
| 5 | Boston Scientific | 63.24 Bn | 62.70 Bn | 3.85 Bn | 2.67 Bn |
| 6 | Edwards Lifesciences | 49.97 Bn | 45.72 Bn | 1.35 Bn | 846.40 Mn |
| 7 | Alcon | 32.83 Bn | 31.37 Bn | 1.68 Bn | -1.63 Bn |
| 8 | Dexcom | 32.30 Bn | 30.35 Bn | 830.00 Mn | 511.70 Mn |
| 9 | Steris | 20.73 Bn | 20.25 Bn | 684.20 Mn | 398.30 Mn |
| 10 | EBR Systems | 10.83 Mn | 10.83 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 16.36 Mn |
| Dec 31, 2025 | 13.47 Mn |
| Sep 30, 2025 | 12.10 Mn |
| Jun 30, 2025 | 11.22 Mn |
| Mar 31, 2025 | 9.78 Mn |
| Dec 31, 2024 | 9.83 Mn |
| Sep 30, 2024 | 9.18 Mn |
| Jun 30, 2024 | 10.74 Mn |
| Mar 31, 2024 | 8.57 Mn |
| Dec 31, 2023 | 10.18 Mn |
| Sep 30, 2023 | 8.79 Mn |