Mimedx (MDXG) Operating Expenses (2011 - 2026)

Mimedx (MDXG) reported Operating Expenses of $57.4 million for Q1 2026, down 9.36% on a YoY basis from $63.3 million in Q1 2025, and up 245.59% sequentially from $16.6 million in Q4 2025.

Mimedx (MDXG) Operating Expenses (2011 - 2026) Analysis & Trends

Mimedx (MDXG) has 16 years of Operating Expenses data on file, last reported at $57.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 9.36% year-over-year to $57.4 million; the trailing twelve-month figure through Mar 2026 stood at $160.4 million (down 20.21% YoY), and the FY2025 full-year result was $71.6 million, down 69.84% from the prior year.
  • Operating Expenses climbed to $57.4 million in Q1 2026, from $16.6 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $67.5 million in Q2 2025 to a low of -$106.1 million in Q4 2022.
  • A 5-year average of $42.2 million and a median of $56.8 million in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses sank 327.15% in 2022 and surged 304.21% in 2025, its largest moves.
  • Tracing MDXG's Operating Expenses over 5 years: stood at -$106.1 million in 2022, then surged by 153.51% to $56.8 million in 2023, then advanced by 13.79% to $64.6 million in 2024, then slumped by 74.31% to $16.6 million in 2025, then soared by 245.59% to $57.4 million in 2026.
  • Business Quant data shows MDXG's Operating Expenses at $57.4 million in Q1 2026, $16.6 million in Q4 2025, and $19.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -28.01 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 1.10 Bn
4 NuCana 279.75 Bn 279.75 Bn - -3.78 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.85 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 2.96 Bn
7 Belite Bio 62.51 Bn 62.51 Bn - 32.68 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 2.89 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn - 445.22 Mn
10 Mimedx 615.09 Mn 455.31 Mn 41.62 Mn 57.37 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 57.37 Mn
Dec 31, 2025 16.60 Mn
Sep 30, 2025 18.98 Mn
Jun 30, 2025 67.45 Mn
Mar 31, 2025 63.30 Mn
Dec 31, 2024 64.61 Mn
Sep 30, 2024 56.43 Mn
Jun 30, 2024 16.69 Mn
Mar 31, 2024 57.97 Mn
Dec 31, 2023 56.78 Mn
Sep 30, 2023 55.85 Mn
Jun 30, 2023 58.88 Mn
Mar 31, 2023 55.73 Mn
Dec 31, 2022 -106.12 Mn
Sep 30, 2022 59.43 Mn
Jun 30, 2022 61.31 Mn
Mar 31, 2022 55.53 Mn
Dec 31, 2021 46.72 Mn
Sep 30, 2021 50.66 Mn
Jun 30, 2021 57.66 Mn