LivaNova (LIVN) Operating Expenses (2014 - 2026)
LivaNova (LIVN) reported Operating Expenses of $202.3 million for Q1 2026, up 21.1% on a YoY basis from $167.0 million in Q1 2025, and up 3.47% sequentially from $195.5 million in Q4 2025.
LivaNova (LIVN) Operating Expenses (2014 - 2026) Analysis & Trends
LivaNova (LIVN) has 13 years of Operating Expenses data on file, last reported at $202.3 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 21.1% year-over-year to $202.3 million; the trailing twelve-month figure through Mar 2026 stood at $769.8 million (up 12.04% YoY), and the FY2025 full-year result was $734.6 million, up 6.25% from the prior year.
- Operating Expenses climbed to $202.3 million in Q1 2026, from $195.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $202.3 million in Q1 2026 to a low of $150.4 million in Q3 2022.
- A 5-year average of $173.5 million and a median of $173.9 million in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses slipped 14.03% in 2022 and grew 21.1% in 2026, its largest moves.
- Tracing LIVN's Operating Expenses over 5 years: stood at $164.5 million in 2022, then slipped by 0.29% to $164.1 million in 2023, then grew by 6.02% to $173.9 million in 2024, then grew by 12.38% to $195.5 million in 2025, then advanced by 3.47% to $202.3 million in 2026.
- Business Quant data shows LIVN's Operating Expenses at $202.3 million in Q1 2026, $195.5 million in Q4 2025, and $187.1 million in Q3 2025.
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 | LivaNova | 4.30 Bn | 3.76 Bn | 243.75 Mn | 202.26 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 202.26 Mn |
| Dec 31, 2025 | 195.49 Mn |
| Sep 30, 2025 | 187.10 Mn |
| Jun 30, 2025 | 184.97 Mn |
| Mar 31, 2025 | 167.03 Mn |
| Dec 31, 2024 | 173.95 Mn |
| Sep 30, 2024 | 176.23 Mn |
| Jun 30, 2024 | 169.87 Mn |
| Mar 31, 2024 | 171.35 Mn |
| Dec 31, 2023 | 164.07 Mn |
| Sep 30, 2023 | 181.34 Mn |
| Jun 30, 2023 | 177.00 Mn |
| Mar 31, 2023 | 174.12 Mn |
| Dec 31, 2022 | 164.54 Mn |
| Sep 30, 2022 | 150.36 Mn |
| Jun 30, 2022 | 150.71 Mn |
| Mar 31, 2022 | 159.44 Mn |
| Dec 31, 2021 | 168.53 Mn |
| Sep 30, 2021 | 151.18 Mn |
| Jun 30, 2021 | 175.31 Mn |