Modular Medical (MODD) Operating Expenses (2011 - 2026)
Modular Medical's (MODD) quarterly Operating Expenses came in at $5.7 million in Q1 2026, up 14.16% YoY from $5.0 million in Q1 2025, and down 21.55% on a QoQ basis from $7.2 million in Q4 2025.
Modular Medical (MODD) Operating Expenses (2011 - 2026) Analysis & Trends
Modular Medical (MODD) has 10 years of Operating Expenses data on file, last reported at $5.7 million in Q1 2026.
- Quarterly Operating Expenses rose 14.16% year-over-year to $5.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $27.6 million (up 44.69% YoY) and the FY2026 annual result came in at $27.6 million, up 44.69% from the prior year.
- Operating Expenses slipped to $5.7 million in Q1 2026, from $7.2 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $7.8 million in Q3 2025 to a low of $3.4 million in Q4 2022.
- A 5-year average of $4.8 million and a median of $4.3 million in 2024 frame the typical range for Operating Expenses.
- The widest YoY moves for Operating Expenses: up 132.42% in 2022, down 12.35% in 2022.
- Tracing MODD's Operating Expenses over 5 years: stood at $3.4 million in 2022, then soared by 56.91% to $5.3 million in 2023, then declined by 7.88% to $4.9 million in 2024, then jumped by 49.24% to $7.2 million in 2025, then declined by 21.55% to $5.7 million in 2026.
- The last three Operating Expenses figures came in at $5.7 million (Q1 2026), $7.2 million (Q4 2025), and $7.8 million (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.31 Bn | 193.71 Bn | 7.27 Bn | 10.90 Bn |
| 2 | Stryker | 129.55 Bn | 126.08 Bn | 4.50 Bn | 2.84 Bn |
| 3 | Medtronic | 119.91 Bn | 110.69 Bn | 6.41 Bn | 3.59 Bn |
| 4 | Boston Scientific | 74.06 Bn | 73.52 Bn | 3.85 Bn | 2.67 Bn |
| 5 | Edwards Lifesciences | 52.45 Bn | 48.20 Bn | 1.35 Bn | 846.40 Mn |
| 6 | Dexcom | 34.60 Bn | 32.65 Bn | 830.00 Mn | 511.70 Mn |
| 7 | GE HealthCare Technologies | 33.88 Bn | 31.77 Bn | 2.18 Bn | 1.44 Bn |
| 8 | Koninklijke Philips | 26.40 Bn | 23.08 Bn | 4.55 Bn | -741.59 Mn |
| 9 | Steris | 23.16 Bn | 22.68 Bn | 684.20 Mn | 398.30 Mn |
| 10 | Modular Medical | 18.97 Mn | 15.05 Mn | - | 6.54 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.54 Mn |
| Mar 31, 2026 | 5.68 Mn |
| Dec 31, 2025 | 7.24 Mn |
| Sep 30, 2025 | 7.83 Mn |
| Jun 30, 2025 | 6.80 Mn |
| Mar 31, 2025 | 4.98 Mn |
| Dec 31, 2024 | 4.85 Mn |
| Sep 30, 2024 | 5.00 Mn |
| Jun 30, 2024 | 4.22 Mn |
| Mar 31, 2024 | 4.32 Mn |
| Dec 31, 2023 | 5.27 Mn |
| Sep 30, 2023 | 4.19 Mn |
| Jun 30, 2023 | 3.75 Mn |
| Mar 31, 2023 | 3.57 Mn |
| Dec 31, 2022 | 3.36 Mn |
| Sep 30, 2022 | 3.45 Mn |
| Jun 30, 2022 | 3.50 Mn |
| Mar 31, 2022 | 4.03 Mn |
| Dec 31, 2021 | 3.83 Mn |
| Sep 30, 2021 | 3.69 Mn |