Lemaitre Vascular (LMAT) Operating Expenses (2010 - 2026)
Lemaitre Vascular (LMAT) posted quarterly Operating Expenses of $30.6 million for Q1 2026, up 6.35% year-over-year from $28.8 million in Q1 2025, and up 11.93% quarter-over-quarter from $27.4 million in Q4 2025.
Lemaitre Vascular (LMAT) Operating Expenses (2010 - 2026) Analysis & Trends
Lemaitre Vascular (LMAT) has reported Operating Expenses for 17 consecutive years, with $30.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 6.35% year-over-year to $30.6 million; the TTM figure through Mar 2026 stood at $112.5 million (up 9.55% YoY), while the FY2025 annual figure was $110.6 million, up 12.15% from the prior year.
- Operating Expenses grew to $30.6 million in Q1 2026 per LMAT's latest filing, from $27.4 million in the prior quarter.
- Across five years, Operating Expenses topped out at $30.6 million in Q1 2026 and bottomed at $18.0 million in Q1 2022.
- Historically, Operating Expenses has averaged $24.0 million across 5 years, with a median of $24.0 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 40.7% — and 2023, when it advanced 2.76%.
- Lemaitre Vascular's Operating Expenses stood at $19.1 million in 2022, then advanced by 20.81% to $23.1 million in 2023, then increased by 11.61% to $25.7 million in 2024, then advanced by 6.3% to $27.4 million in 2025, then increased by 11.93% to $30.6 million in 2026.
- Business Quant data shows LMAT's Operating Expenses at $30.6 million in Q1 2026, $27.4 million in Q4 2025, and $25.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 132.71 Bn | 127.50 Bn | 1.96 Bn | 988.50 Mn |
| 2 | Becton Dickinson | 51.57 Bn | 50.71 Bn | 2.32 Bn | 4.32 Bn |
| 3 | Alcon | 35.52 Bn | 34.17 Bn | 1.68 Bn | 1.63 Bn |
| 4 | Resmed | 33.28 Bn | 31.81 Bn | 861.22 Mn | 412.51 Mn |
| 5 | Medline | 27.86 Bn | 25.18 Bn | 2.22 Bn | 1.82 Bn |
| 6 | West Pharmaceutical Services | 25.15 Bn | 24.71 Bn | 329.20 Mn | 137.30 Mn |
| 7 | Solventum | 15.31 Bn | 14.91 Bn | 1.29 Bn | 1.11 Bn |
| 8 | Cooper Companies | 14.86 Bn | 14.72 Bn | 735.40 Mn | 718.70 Mn |
| 9 | Baxter International | 13.63 Bn | 11.48 Bn | 1.03 Bn | 864.00 Mn |
| 10 | Lemaitre Vascular | 1.88 Bn | 1.50 Bn | 50.76 Mn | 30.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 30.37 Mn |
| Mar 31, 2026 | 30.62 Mn |
| Dec 31, 2025 | 27.36 Mn |
| Sep 30, 2025 | 25.64 Mn |
| Jun 30, 2025 | 28.83 Mn |
| Mar 31, 2025 | 28.79 Mn |
| Dec 31, 2024 | 25.74 Mn |
| Sep 30, 2024 | 24.03 Mn |
| Jun 30, 2024 | 24.09 Mn |
| Mar 31, 2024 | 24.79 Mn |
| Dec 31, 2023 | 23.06 Mn |
| Sep 30, 2023 | 21.64 Mn |
| Jun 30, 2023 | 22.63 Mn |
| Mar 31, 2023 | 23.01 Mn |
| Dec 31, 2022 | 19.09 Mn |
| Sep 30, 2022 | 18.92 Mn |
| Jun 30, 2022 | 22.03 Mn |
| Mar 31, 2022 | 18.03 Mn |
| Dec 31, 2021 | 17.66 Mn |
| Sep 30, 2021 | 15.79 Mn |