InMode (INMD) Operating Expenses (2018 - 2026)
InMode's (INMD) quarterly Operating Expenses came in at $59.3 million in Q2 2026, up 10.62% year-over-year from $53.6 million in Q2 2025, and up 15.07% quarter-over-quarter from $51.5 million in Q1 2026.
Analysis
InMode (INMD) Operating Expenses (2018 - 2026) Analysis & Trends
InMode has disclosed Operating Expenses across 9 years of filings, most recently posting $59.3 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 10.62% year-over-year to $59.3 million; the TTM figure through Jun 2026 stood at $217.5 million (up 5.29% YoY), while the FY2025 annual figure was $205.6 million, up 0.51% from the prior year.
- Operating Expenses came in at $59.3 million for Q2 2026 at InMode, up from $51.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $59.3 million in Q2 2026 to a low of $36.1 million in Q1 2022.
- Average Operating Expenses over 5 years is $51.1 million, with a median of $51.5 million recorded in 2025.
- Year-over-year, Operating Expenses surged 38.36% in 2022 and dropped 11.23% in 2025.
- Over 5 years, Operating Expenses stood at $52.7 million in 2022, then increased by 4.94% to $55.3 million in 2023, then decreased by 9.95% to $49.8 million in 2024, then advanced by 11.12% to $55.3 million in 2025, then increased by 7.14% to $59.3 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $59.3 million in Q2 2026, $51.5 million in Q1 2026, and $55.3 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 10.90 Bn |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 988.50 Mn |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 3.97 Bn |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 2.84 Bn |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 2.67 Bn |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 846.40 Mn |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | -1.63 Bn |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 511.70 Mn |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 398.30 Mn |
| 10 | InMode | 955.60 Mn | 473.48 Mn | 71.52 Mn | 59.26 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 59.26 Mn |
| 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 |