Modular Medical (MODD) Operating Expenses (2011 - 2026)
Modular Medical's (MODD) quarterly Operating Expenses came in at $6.5 million in Q2 2026, down 3.91% on a YoY basis from $6.8 million in Q2 2025, and up 15.04% quarter-over-quarter from $5.7 million in Q1 2026.
Analysis
Modular Medical (MODD) Operating Expenses (2011 - 2026) Analysis & Trends
Modular Medical (MODD) has reported Operating Expenses for 10 consecutive years, with $6.5 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses fell 3.91% year-over-year to $6.5 million; the trailing twelve-month figure through Jun 2026 stood at $27.3 million (up 26.17% YoY), and the FY2026 full-year result was $27.6 million, up 44.69% from the prior year.
- Operating Expenses climbed to $6.5 million in Q2 2026 per MODD's latest filing, from $5.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at $7.8 million in Q3 2025 and bottomed at $3.4 million in Q4 2022.
- Historically, Operating Expenses has averaged $4.9 million across 5 years, with a median of $4.6 million in 2024.
- The widest YoY moves for Operating Expenses: up 132.42% in 2022, down 12.35% in 2022.
- Over 5 years, Operating Expenses stood at $3.4 million in 2022, then surged by 56.91% to $5.3 million in 2023, then retreated by 7.88% to $4.9 million in 2024, then soared by 49.24% to $7.2 million in 2025, then decreased by 9.75% to $6.5 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $6.5 million, $5.7 million, and $7.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 10.90 Bn |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 988.50 Mn |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 3.97 Bn |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 2.84 Bn |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 2.67 Bn |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 846.40 Mn |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | -1.63 Bn |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 511.70 Mn |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 398.30 Mn |
| 10 | Modular Medical | 15.54 Mn | 11.62 Mn | - | 6.54 Mn |
Historic Data
Download Data
Historic 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 |