HeartSciences (HSCSW) Operating Expenses (2021 - 2026)
HeartSciences' (HSCSW) quarterly Operating Expenses came in at $2.5 million in Q2 2026, up 31.91% on a YoY basis from $1.9 million in Q2 2025, and up 22.25% quarter-over-quarter from $2.1 million in Q4 2025.
Analysis
HeartSciences (HSCSW) Operating Expenses (2021 - 2026) Analysis & Trends
HeartSciences (HSCSW) has reported Operating Expenses for 6 consecutive years, with $2.5 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 31.91% year-over-year to $2.5 million; the trailing twelve-month figure through Apr 2026 stood at $8.4 million (up 0.65% YoY), and the FY2026 full-year result was $8.4 million, up 0.72% from the prior year.
- Operating Expenses climbed to $2.5 million in Q2 2026 per HSCSW's latest filing, from $2.1 million in the prior quarter.
- Across five years, Operating Expenses topped out at $2.5 million in Q2 2026 and bottomed at $1.1 million in Q1 2022.
- Historically, Operating Expenses has averaged $1.8 million across 5 years, with a median of $1.9 million in 2025.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 111.67% in 2022, then slipped 19.29% in 2023.
- Over 5 years, Operating Expenses stood at $1.8 million in 2022, then declined by 11.41% to $1.6 million in 2023, then advanced by 26.25% to $2.0 million in 2024, then climbed by 4.52% to $2.1 million in 2025, then increased by 22.25% to $2.5 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $2.5 million, $2.1 million, and $1.9 million for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | GE HealthCare Technologies | 30.07 Bn | 27.96 Bn | 2.18 Bn | 1.44 Bn |
| 2 | Lantheus Holdings | 6.57 Bn | 5.98 Bn | 241.86 Mn | 103.44 Mn |
| 3 | Heartflow | 4.12 Bn | 3.74 Bn | 53.19 Mn | 71.09 Mn |
| 4 | Neogen | 2.61 Bn | 2.42 Bn | 107.80 Mn | 104.70 Mn |
| 5 | Butterfly Network | 1.99 Bn | 1.87 Bn | 23.29 Mn | 36.95 Mn |
| 6 | Ceribell | 927.98 Mn | 798.72 Mn | 25.94 Mn | 45.92 Mn |
| 7 | QuidelOrtho | 883.12 Mn | 759.72 Mn | - | - |
| 8 | Varex Imaging | 778.85 Mn | 679.65 Mn | 76.70 Mn | 53.90 Mn |
| 9 | Prenetics Global | 338.80 Mn | 279.75 Mn | 30.20 Mn | -10.82 Mn |
| 10 | HeartSciences | 184,567.09 | -1.52 Mn | - | 2.54 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 2.54 Mn |
| Oct 31, 2025 | 2.07 Mn |
| Jul 31, 2025 | 1.88 Mn |
| Apr 30, 2025 | 1.92 Mn |
| Jan 31, 2025 | 2.37 Mn |
| Oct 31, 2024 | 1.99 Mn |
| Jul 31, 2024 | 2.08 Mn |
| Apr 30, 2024 | 1.88 Mn |
| Jan 31, 2024 | 1.54 Mn |
| Oct 31, 2023 | 1.57 Mn |
| Jul 31, 2023 | 1.33 Mn |
| Apr 30, 2023 | 1.60 Mn |
| Jan 31, 2023 | 1.31 Mn |
| Oct 31, 2022 | 1.77 Mn |
| Jul 31, 2022 | 1.43 Mn |
| Apr 30, 2022 | 1.98 Mn |
| Jan 31, 2022 | 1.10 Mn |
| Oct 31, 2021 | 956,856.00 |
| Jul 31, 2021 | 676,174.00 |