InMode (INMD) Operating Expenses (2018 - 2026)
InMode recorded quarterly Operating Expenses of $51.5 million in Q1 2026, down 6.89% quarter-over-quarter from $55.3 million in Q4 2025, and up 13.7% year-over-year from $45.3 million in Q1 2025.
InMode's Operating Expenses history runs 9 years deep, the most recent figure standing at $51.5 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 13.7% year-over-year to $51.5 million; the TTM figure through Mar 2026 stood at $211.8 million (up 3.82% YoY), while the FY2025 annual figure was $205.6 million, up 0.51% from the prior year.
- Operating Expenses came in at $51.5 million for Q1 2026 at InMode, down from $55.3 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $57.9 million in Q3 2024 to a low of $36.1 million in Q1 2022.
- A 5-year average of $50.6 million and a median of $51.4 million in 2025 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses surged 38.36% in 2022 and dropped 11.23% in 2025, its largest moves.
- InMode's Operating Expenses stood at $52.7 million in 2022, then rose by 4.94% to $55.3 million in 2023, then slipped by 9.95% to $49.8 million in 2024, then climbed by 11.12% to $55.3 million in 2025, then declined by 6.89% to $51.5 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $51.5 million, $55.3 million, and $51.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 9.82 Bn |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 2.87 Bn |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 3.76 Bn |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 2.51 Bn |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 822.60 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -668.50 Mn |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 495.00 Mn |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 1.46 Bn |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 380.30 Mn |
| 10 | InMode | 3.41 | -384.57 Mn | 61.55 Mn | 51.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 51.50 Mn |
| Dec 31, 2025 | 55.31 Mn |
| Sep 30, 2025 | 51.41 Mn |
| Jun 30, 2025 | 53.57 Mn |
| Mar 31, 2025 | 45.29 Mn |
| Dec 31, 2024 | 49.77 Mn |
| Sep 30, 2024 | 57.92 Mn |
| Jun 30, 2024 | 51.02 Mn |
| Mar 31, 2024 | 45.83 Mn |
| Dec 31, 2023 | 55.27 Mn |
| Sep 30, 2023 | 56.57 Mn |
| Jun 30, 2023 | 57.02 Mn |
| Mar 31, 2023 | 46.82 Mn |
| Dec 31, 2022 | 52.67 Mn |
| Sep 30, 2022 | 48.72 Mn |
| Jun 30, 2022 | 45.40 Mn |
| Mar 31, 2022 | 36.14 Mn |
| Dec 31, 2021 | 39.54 Mn |
| Sep 30, 2021 | 35.22 Mn |
| Jun 30, 2021 | 33.07 Mn |
| Mar 31, 2021 | 28.67 Mn |
| Dec 31, 2020 | 29.17 Mn |
| Sep 30, 2020 | 27.03 Mn |
| Jun 30, 2020 | 17.97 Mn |
| Mar 31, 2020 | 28.25 Mn |
| Dec 31, 2019 | 22.98 Mn |
| Sep 30, 2019 | 18.98 Mn |
| Jun 30, 2019 | 18.20 Mn |
| Mar 31, 2019 | 16.35 Mn |
| Dec 31, 2018 | 23.53 Mn |
| Sep 30, 2018 | 13.36 Mn |
| Jun 30, 2018 | 13.29 Mn |