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| Date | Value |
|---|---|
| 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 |