Mimedx (MDXG) Operating Expenses (2011 - 2026)
Mimedx's (MDXG) quarterly Operating Expenses came in at $57.4 million in Q1 2026, down 9.36% year-on-year from $63.3 million in Q1 2025, and up 245.59% quarter-over-quarter from $16.6 million in Q4 2025.
Mimedx (MDXG) Operating Expenses (2011 - 2026) Analysis & Trends
Mimedx has disclosed Operating Expenses across 16 years of filings, most recently posting $57.4 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $57.4 million, down 9.36% year-over-year; the trailing twelve-month figure through Mar 2026 was $166.3 million (up 8.39% YoY), and the FY2025 annual result was $71.6 million, up 15.75% from the prior year.
- Operating Expenses came in at $57.4 million for Q1 2026 at Mimedx, up from $16.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $72.7 million in Q3 2025 to a low of $13.5 million in Q1 2024.
- The 5-year median for Operating Expenses is $55.9 million (2023), against an average of $46.0 million.
- Across the five-year window, Operating Expenses plunged 75.79% in 2024 and jumped 369.11% in 2025, its largest moves.
- Mimedx's Operating Expenses stood at $45.1 million in 2022, then increased by 25.89% to $56.8 million in 2023, then sank by 70.11% to $17.0 million in 2024, then decreased by 2.2% to $16.6 million in 2025, then jumped by 245.59% to $57.4 million in 2026.
- The last three Operating Expenses figures came in at $57.4 million (Q1 2026), $16.6 million (Q4 2025), and $72.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | 4.33 Mn |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | 32.68 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | 2.97 Mn |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -138.30 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -3.82 Mn |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 15.76 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | 574,669.00 |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 1.85 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -67.40 Mn |
| 10 | Mimedx | 546.28 Mn | 386.51 Mn | 41.62 Mn | 57.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 57.37 Mn |
| Dec 31, 2025 | 16.60 Mn |
| Sep 30, 2025 | 72.70 Mn |
| Jun 30, 2025 | 19.59 Mn |
| Mar 31, 2025 | 63.30 Mn |
| Dec 31, 2024 | 16.97 Mn |
| Sep 30, 2024 | 56.43 Mn |
| Jun 30, 2024 | 16.69 Mn |
| Mar 31, 2024 | 13.49 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 | 45.11 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 |