IceCure Medical (ICCM) Operating Expenses (2020 - 2026)
IceCure Medical's (ICCM) quarterly Operating Expenses came in at $3.5 million in Q1 2026, up 34.34% year-on-year from $2.6 million in Q1 2025, and down 1.28% on a QoQ basis from $3.5 million in Q4 2025.
IceCure Medical (ICCM) Operating Expenses (2020 - 2026) Analysis & Trends
IceCure Medical (ICCM) has 7 years of Operating Expenses data on file, last reported at $3.5 million in Q1 2026.
- On a quarterly basis, Operating Expenses rose 34.34% year-over-year to $3.5 million in Q1 2026; TTM through Mar 2026 was $12.8 million, a 21.73% increase from a year earlier, with the FY2025 full-year figure at $12.2 million, up 10.36% from the prior year.
- Operating Expenses for Q1 2026 stood at $3.5 million, down from $3.5 million in the prior quarter.
- Over the last five years, Operating Expenses for ICCM reached as high as $4.1 million in Q1 2022 and fell as low as -$2.5 million in Q4 2022.
- Historically, Operating Expenses has averaged $2.8 million across 5 years, with a median of $3.1 million in 2023.
- Across the five-year window, Operating Expenses jumped 211.6% in 2023 and slipped 25.08% in 2024, its largest moves.
- Year by year, Operating Expenses stood at -$2.5 million in 2022, then soared by 211.6% to $2.8 million in 2023, then fell by 3.38% to $2.7 million in 2024, then soared by 30.96% to $3.5 million in 2025, then declined by 1.28% to $3.5 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $3.5 million in Q1 2026, $3.5 million in Q4 2025, and $3.2 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 | IceCure Medical | 7.92 Mn | -193,612.29 | 295,000.00 | 3.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.47 Mn |
| Dec 31, 2025 | 3.52 Mn |
| Sep 30, 2025 | 3.20 Mn |
| Jun 30, 2025 | 2.66 Mn |
| Mar 31, 2025 | 2.59 Mn |
| Dec 31, 2024 | 2.69 Mn |
| Sep 30, 2024 | 2.78 Mn |
| Jun 30, 2024 | 2.50 Mn |
| Mar 31, 2024 | 2.88 Mn |
| Dec 31, 2023 | 2.78 Mn |
| Sep 30, 2023 | 3.12 Mn |
| Jun 30, 2023 | 3.34 Mn |
| Mar 31, 2023 | 3.20 Mn |
| Dec 31, 2022 | -2.49 Mn |
| Sep 30, 2022 | 3.56 Mn |
| Jun 30, 2022 | 3.88 Mn |
| Mar 31, 2022 | 4.11 Mn |
| Dec 31, 2021 | -2.68 Mn |
| Sep 30, 2021 | 2.62 Mn |
| Jun 30, 2021 | 2.48 Mn |