Masimo (MASI) Operating Expenses (2009 - 2026)
Masimo (MASI) recorded quarterly Operating Expenses of $173.4 million in Q2 2026, up 6.12% quarter-over-quarter from $163.4 million in Q1 2026, and up 11.15% on a YoY basis from $156.0 million in Q2 2025.
Masimo (MASI) Operating Expenses (2009 - 2026) Analysis & Trends
Masimo's Operating Expenses history runs 18 years deep, the most recent figure standing at $173.4 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 11.15% year-over-year to $173.4 million; the TTM figure through Apr 2026 stood at $652.6 million (down 11.08% YoY), while the FY2026 annual figure was $635.2 million, down 13.14% from the prior year.
- Operating Expenses was $173.4 million for Q2 2026 at Masimo, up from $163.4 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $246.8 million in Q2 2023 to a low of -$48.7 million in Q4 2023.
- Historically, Operating Expenses has averaged $175.3 million across 5 years, with a median of $171.1 million in 2025.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses sank 120.28% in 2023, then surged 589.94% in 2024.
- A 5-year view of Operating Expenses shows it stood at $240.1 million in 2022, then sank by 120.28% to -$48.7 million in 2023, then soared by 589.94% to $238.6 million in 2024, then plunged by 38.39% to $147.0 million in 2025, then climbed by 17.96% to $173.4 million in 2026.
- The last three Operating Expenses figures came in at $173.4 million (Q2 2026), $163.4 million (Q1 2026), and $147.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.92 Bn | 146.27 Bn | 6.27 Bn | 9.82 Bn |
| 2 | Stryker | 119.50 Bn | 116.62 Bn | 3.81 Bn | 2.87 Bn |
| 3 | Medtronic | 102.71 Bn | 94.54 Bn | 5.76 Bn | 3.76 Bn |
| 4 | Boston Scientific | 69.72 Bn | 68.51 Bn | 3.61 Bn | 2.51 Bn |
| 5 | Edwards Lifesciences | 49.24 Bn | 45.57 Bn | 1.29 Bn | 822.60 Mn |
| 6 | GE HealthCare Technologies | 29.74 Bn | 27.67 Bn | 1.98 Bn | 1.46 Bn |
| 7 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -668.50 Mn |
| 8 | Dexcom | 28.96 Bn | 27.84 Bn | 750.30 Mn | 495.00 Mn |
| 9 | Steris | 20.31 Bn | 19.88 Bn | 697.10 Mn | 380.30 Mn |
| 10 | Masimo | 9.39 Bn | 9.27 Bn | 250.80 Mn | 173.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 4, 2026 | 173.40 Mn |
| Jan 3, 2026 | 163.40 Mn |
| Sep 27, 2025 | 147.00 Mn |
| Jun 28, 2025 | 168.80 Mn |
| Mar 29, 2025 | 156.00 Mn |
| Dec 28, 2024 | 238.60 Mn |
| Sep 28, 2024 | 173.90 Mn |
| Jun 29, 2024 | 165.40 Mn |
| Mar 30, 2024 | 153.50 Mn |
| Dec 30, 2023 | -48.70 Mn |
| Sep 30, 2023 | 209.60 Mn |
| Jul 1, 2023 | 191.90 Mn |
| Apr 1, 2023 | 246.80 Mn |
| Dec 31, 2022 | 240.10 Mn |
| Oct 1, 2022 | 227.70 Mn |
| Jul 2, 2022 | 236.10 Mn |
| Apr 2, 2022 | 145.00 Mn |
| Jan 1, 2022 | 167.39 Mn |
| Oct 2, 2021 | 136.00 Mn |
| Jul 3, 2021 | 127.80 Mn |