InMode (INMD) Operating Expenses (2018 - 2026)
InMode's (INMD) quarterly Operating Expenses came in at $51.5 million in Q1 2026, up 13.7% year-on-year from $45.3 million in Q1 2025, and down 6.89% quarter-over-quarter from $55.3 million in Q4 2025.
InMode (INMD) Operating Expenses (2018 - 2026) Analysis & Trends
InMode has disclosed Operating Expenses across 9 years of filings, most recently posting $51.5 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $51.5 million, up 13.7% year-over-year; the trailing twelve-month figure through Mar 2026 was $211.8 million (up 3.82% YoY), and the FY2025 annual result 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.
- The 5-year median for Operating Expenses is $51.4 million (2025), against an average of $50.6 million.
- Across the five-year window, Operating Expenses jumped 38.36% in 2022 and slipped 11.23% in 2025, its largest moves.
- InMode's 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 dropped by 6.89% to $51.5 million in 2026.
- The last three Operating Expenses figures came in at $51.5 million (Q1 2026), $55.3 million (Q4 2025), and $51.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 9.82 Bn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 2.87 Bn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 3.76 Bn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 2.51 Bn |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 822.60 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -668.50 Mn |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 495.00 Mn |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 1.46 Bn |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 380.30 Mn |
| 10 | InMode | 3.35 | -388.37 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 |