Modular Medical (MODD) Operating Expenses (2011 - 2026)

Modular Medical (MODD) posted Operating Expenses of $5.7 million for Q1 2026, down 21.55% on a QoQ basis from $7.2 million in Q4 2025, and up 14.16% year-over-year from $5.0 million in Q1 2025.

Modular Medical (MODD) Operating Expenses (2011 - 2026) Analysis & Trends

Modular Medical's Operating Expenses history runs 10 years deep, the most recent figure standing at $5.7 million for 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 was $5.7 million for Q1 2026 at Modular Medical, down from $7.2 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.
  • A 5-year average of $4.8 million and a median of $4.3 million in 2024 frame the typical range for Operating Expenses.
  • Peak annual rise in Operating Expenses reached 132.42% in 2022, while the deepest fall reached 12.35% in 2022.
  • Modular Medical's 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 retreated by 21.55% to $5.7 million in 2026.
  • Business Quant data shows MODD's Operating Expenses at $5.7 million in Q1 2026, $7.2 million in Q4 2025, and $7.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 9.82 Bn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 2.87 Bn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 3.59 Bn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 2.51 Bn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 785.50 Mn
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 495.00 Mn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -668.50 Mn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 1.46 Bn
9 Smith & Nephew 25.80 Bn 25.22 Bn - -47.00 Mn
10 Modular Medical 3.75 Mn -3.19 Mn - 5.68 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 3.37 Mn