Growth Metrics

Modular Medical (MODD) Operating Expenses (2011 - 2025)

Modular Medical posted quarterly Operating Expenses of $7.2 million for Q4 2025, up 49.24% year-on-year from $4.9 million in Q4 2024, and down 7.47% on a QoQ basis from $7.8 million in Q3 2025.

Modular Medical (MODD) has 9 years of Operating Expenses data on file, last reported at $7.2 million in Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 49.24% year-over-year to $7.2 million; the trailing twelve-month figure through Dec 2025 stood at $26.9 million (up 46.04% YoY), and the FY2025 full-year result was $19.0 million, up 8.67% from the prior year.
  • Operating Expenses for Q4 2025 stood at $7.2 million, down from $7.8 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $7.8 million in Q3 2025 and bottomed at $1.7 million in Q1 2021.
  • The 5-year median for Operating Expenses is $4.1 million (2022), against an average of $4.4 million.
  • Peak annual rise in Operating Expenses reached 132.42% in 2022, while the deepest fall reached 12.35% in 2022.
  • A 5-year view of Operating Expenses shows it stood at $3.8 million in 2021, then declined by 12.35% to $3.4 million in 2022, then jumped by 56.91% to $5.3 million in 2023, then fell by 7.88% to $4.9 million in 2024, then surged by 49.24% to $7.2 million in 2025.
  • The last three Operating Expenses figures came in at $7.2 million (Q4 2025), $7.8 million (Q3 2025), and $6.8 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Abbott Laboratories 152.82 Bn 146.17 Bn 6.27 Bn 9.82 Bn
2 Stryker 115.07 Bn 112.19 Bn 3.81 Bn 2.87 Bn
3 Medtronic 95.25 Bn 87.08 Bn 5.76 Bn 3.76 Bn
4 Boston Scientific 71.38 Bn 70.17 Bn 3.61 Bn 2.51 Bn
5 Edwards Lifesciences 51.08 Bn 47.41 Bn 1.29 Bn 822.60 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -668.50 Mn
7 Dexcom 28.84 Bn 27.72 Bn 750.30 Mn 495.00 Mn
8 GE HealthCare Technologies 28.56 Bn 26.49 Bn 1.98 Bn 1.46 Bn
9 Steris 20.71 Bn 20.30 Bn 697.10 Mn 380.30 Mn
10 Modular Medical 9.24 Mn 6.30 Mn - 7.24 Mn

Historic Data

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DateValue
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
Jun 30, 2021 3.37 Mn
Mar 31, 2021 1.73 Mn
Dec 31, 2020 1.87 Mn
Sep 30, 2020 1.86 Mn
Jun 30, 2020 1.87 Mn
Mar 31, 2013 2,050.00
Dec 31, 2012 2,115.00
Sep 30, 2012 4,705.00
Jun 30, 2012 1,350.00
Mar 31, 2012 1,988.00
Dec 31, 2011 1,879.00
Sep 30, 2011 4,296.00
Jun 30, 2011 2,047.00