InMode (INMD) Operating Expenses (2018 - 2026)
InMode's Operating Expenses was $59.26 million in the quarter ended Jun 30, 2026, up 10.6% from $53.57 million a year earlier and up 15.1% from the prior quarter.
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Analysis
InMode (INMD) Operating Expenses (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, InMode's Operating Expenses was $217.48 million through Jun 30, 2026, up 5.3% year-over-year; for the year ended Dec 31, 2025, it came in at $205.58 million, up 0.5% from the prior year.
- Operating Expenses shows a five-year compound annual growth rate of 15.0% (years ended Dec 2020 to Dec 2025).
- In earlier years, Operating Expenses was $204.54 million in the year ended Dec 31, 2024 (-5.2%), $215.68 million in the year ended Dec 31, 2023 (+17.9%), $182.93 million in the year ended Dec 31, 2022 (+34.0%) and $136.5 million in the year ended Dec 31, 2021 (+33.3%).
- The figure for the quarter ended Jun 30, 2026 marks the highest quarterly Operating Expenses in data going back to the quarter ended Jun 30, 2018.
- Compared with a year earlier, Operating Expenses has increased for three straight quarters, with growth averaging 2.6% over the last eight quarters.
- The best year-over-year quarter for Operating Expenses over five years was the quarter ended Sep 30, 2022 (growth of 38.4%); the worst was the quarter ended Sep 30, 2025 (a decline of 11.2%).
- Per Business Quant data, INMD's Operating Expenses in the three quarters before the quarter ended Jun 30, 2026 was $51.5 million (quarter ended Mar 31, 2026), $55.31 million (quarter ended Dec 31, 2025) and $51.41 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 9.91 Bn |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 10.90 Bn |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 2.48 Bn |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 988.50 Mn |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 4.06 Bn |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 2.84 Bn |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 2.67 Bn |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 840.10 Mn |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 4.32 Bn |
| 10 | InMode | 900.96 Mn | -725.66 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 |
API Access
InMode Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=INMD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "INMD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=INMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();