Milestone Scientific (MLSS) Operating Expenses (2010 - 2026)
Milestone Scientific (MLSS) posted Operating Expenses of $2.4 million for Q1 2026, down 7.33% sequentially from $2.6 million in Q4 2025, and down 34.38% YoY from $3.6 million in Q1 2025.
Milestone Scientific (MLSS) Operating Expenses (2010 - 2026) Analysis & Trends
Milestone Scientific has reported Operating Expenses for 17 years, with the latest figure at $2.4 million in Q1 2026.
- Quarterly Operating Expenses fell 34.38% year-over-year to $2.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $10.9 million (down 20.77% YoY) and the FY2025 annual result came in at $12.1 million, down 8.24% from the prior year.
- Operating Expenses fell to $2.4 million in Q1 2026 per MLSS's latest filing, from $2.6 million in the prior quarter.
- Over five years, Operating Expenses peaked at $4.2 million in Q2 2023 and troughed at $2.4 million in Q1 2026.
- A 5-year average of $3.3 million and a median of $3.2 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2026: Operating Expenses rose 29.08% in 2022, then tumbled 34.38% in 2026.
- Over 5 years, Operating Expenses stood at $3.1 million in 2022, then rose by 12.6% to $3.5 million in 2023, then climbed by 1.81% to $3.6 million in 2024, then decreased by 27.36% to $2.6 million in 2025, then declined by 7.33% to $2.4 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $2.4 million, $2.6 million, and $2.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 134.13 Bn | 128.91 Bn | 1.96 Bn | 988.50 Mn |
| 2 | Becton Dickinson | 52.76 Bn | 51.90 Bn | 2.32 Bn | 4.32 Bn |
| 3 | Alcon | 35.81 Bn | 34.46 Bn | 1.68 Bn | 1.63 Bn |
| 4 | Resmed | 33.72 Bn | 32.25 Bn | 861.22 Mn | 412.51 Mn |
| 5 | Medline | 29.38 Bn | 26.70 Bn | 2.22 Bn | 1.82 Bn |
| 6 | West Pharmaceutical Services | 25.00 Bn | 24.57 Bn | 329.20 Mn | 137.30 Mn |
| 7 | Solventum | 15.46 Bn | 15.06 Bn | 1.29 Bn | 1.11 Bn |
| 8 | Cooper Companies | 14.88 Bn | 14.74 Bn | 735.40 Mn | 718.70 Mn |
| 9 | Baxter International | 13.58 Bn | 11.43 Bn | 1.03 Bn | 864.00 Mn |
| 10 | Milestone Scientific | 41.18 Mn | 38.57 Mn | 1.56 Mn | 2.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.39 Mn |
| Dec 31, 2025 | 2.58 Mn |
| Sep 30, 2025 | 2.78 Mn |
| Jun 30, 2025 | 3.10 Mn |
| Mar 31, 2025 | 3.65 Mn |
| Dec 31, 2024 | 3.55 Mn |
| Sep 30, 2024 | 3.31 Mn |
| Jun 30, 2024 | 3.19 Mn |
| Mar 31, 2024 | 3.14 Mn |
| Dec 31, 2023 | 3.49 Mn |
| Sep 30, 2023 | 3.01 Mn |
| Jun 30, 2023 | 4.17 Mn |
| Mar 31, 2023 | 3.23 Mn |
| Dec 31, 2022 | 3.10 Mn |
| Sep 30, 2022 | 3.47 Mn |
| Jun 30, 2022 | 3.57 Mn |
| Mar 31, 2022 | 3.60 Mn |
| Dec 31, 2021 | 3.32 Mn |
| Sep 30, 2021 | 3.34 Mn |
| Jun 30, 2021 | 4.24 Mn |