InMode (INMD) Operating Expenses (2018 - 2026)
InMode (INMD) posted Operating Expenses of $51.5 million for Q1 2026, down 6.89% sequentially from $55.3 million in Q4 2025, and up 13.7% YoY from $45.3 million in Q1 2025.
InMode (INMD) Operating Expenses (2018 - 2026) Analysis & Trends
InMode has reported Operating Expenses for 9 years, with the latest figure at $51.5 million in Q1 2026.
- Quarterly Operating Expenses rose 13.7% year-over-year to $51.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $211.8 million (up 3.82% YoY) and the FY2025 annual result came in at $205.6 million, up 0.51% from the prior year.
- Operating Expenses slipped to $51.5 million in Q1 2026 per INMD's latest filing, from $55.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at $57.9 million in Q3 2024 and troughed at $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.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses soared 38.36% in 2022, then declined 11.23% in 2025.
- Over 5 years, Operating Expenses stood at $52.7 million in 2022, then gained by 4.94% to $55.3 million in 2023, then dropped by 9.95% to $49.8 million in 2024, then grew by 11.12% to $55.3 million in 2025, then fell 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.24 Bn | 193.64 Bn | 7.27 Bn | 10.90 Bn |
| 2 | Stryker | 128.63 Bn | 125.15 Bn | 4.50 Bn | 2.84 Bn |
| 3 | Medtronic | 119.19 Bn | 109.97 Bn | 6.41 Bn | 3.59 Bn |
| 4 | Boston Scientific | 73.51 Bn | 72.97 Bn | 3.85 Bn | 2.67 Bn |
| 5 | Edwards Lifesciences | 52.11 Bn | 47.85 Bn | 1.35 Bn | 846.40 Mn |
| 6 | Dexcom | 34.64 Bn | 32.70 Bn | 830.00 Mn | 511.70 Mn |
| 7 | GE HealthCare Technologies | 34.01 Bn | 31.90 Bn | 2.18 Bn | 1.44 Bn |
| 8 | Koninklijke Philips | 26.40 Bn | 23.08 Bn | 4.55 Bn | -741.59 Mn |
| 9 | Steris | 23.14 Bn | 22.65 Bn | 684.20 Mn | 398.30 Mn |
| 10 | InMode | 911.60 Mn | 496.43 Mn | 71.52 Mn | 59.26 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 |