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

Modular Medical (MODD) reported Operating Expenses of $7.2 million for Q4 2025, up 49.24% on a YoY basis from $4.9 million in Q4 2024, and down 7.47% quarter-over-quarter from $7.8 million in Q3 2025.

Modular Medical (MODD) Operating Expenses (2011 - 2025) Analysis & Trends

Modular Medical has reported Operating Expenses for 9 years, with the latest figure 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.
  • The five-year high for Operating Expenses was $7.8 million in Q3 2025, with the low at $1.7 million in Q1 2021.
  • Historically, Operating Expenses has averaged $4.4 million across 5 years, with a median of $4.1 million in 2022.
  • The largest YoY upside for Operating Expenses was 132.42% in 2022 against a maximum downside of 12.35% in 2022.
  • Modular Medical's Operating Expenses stood at $3.8 million in 2021, then dropped by 12.35% to $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.
  • 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 154.42 Bn 147.76 Bn 6.27 Bn 9.82 Bn
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 2.87 Bn
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 3.76 Bn
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 2.51 Bn
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 822.60 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -668.50 Mn
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 495.00 Mn
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 1.46 Bn
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 380.30 Mn
10 Modular Medical 9.83 Mn 6.89 Mn - 7.24 Mn

Historic Data

Download Data
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