InMode (INMD) Operating Expenses (2018 - 2026)

InMode (INMD) posted quarterly Operating Expenses of $51.5 million for Q1 2026, up 13.7% year-on-year from $45.3 million in Q1 2025, and down 6.89% on a QoQ basis from $55.3 million in Q4 2025.

InMode (INMD) Operating Expenses (2018 - 2026) Analysis & Trends

InMode (INMD) has reported Operating Expenses for 9 consecutive years, with $51.5 million the latest figure, recorded 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 fell to $51.5 million in Q1 2026 per INMD's latest filing, from $55.3 million in the prior quarter.
  • Over the last five years, Operating Expenses for INMD reached as high as $57.9 million in Q3 2024 and fell as low as $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.
  • Annual changes were most pronounced in 2022 — Operating Expenses surged 38.36% — and 2025, when it retreated 11.23%.
  • Year by year, Operating Expenses stood at $52.7 million in 2022, then grew by 4.94% to $55.3 million in 2023, then retreated by 9.95% to $49.8 million in 2024, then gained by 11.12% to $55.3 million in 2025, then slipped 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 201.40 Bn 194.75 Bn 6.27 Bn 9.82 Bn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 2.87 Bn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 3.59 Bn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 2.51 Bn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 785.50 Mn
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 495.00 Mn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -668.50 Mn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 1.46 Bn
9 Smith & Nephew 25.80 Bn 25.22 Bn - -47.00 Mn
10 InMode 956,721.10 -479.17 Mn 61.55 Mn 51.50 Mn

Historic Data

Download Data
DateValue
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