ENDRA Life Sciences (NDRA) Operating Expenses (2016 - 2026)
ENDRA Life Sciences (NDRA) posted quarterly Operating Expenses of $2.2 million for Q1 2026, up 47.95% YoY from $1.5 million in Q1 2025, and up 34.01% sequentially from $1.6 million in Q4 2025.
ENDRA Life Sciences (NDRA) Operating Expenses (2016 - 2026) Analysis & Trends
ENDRA Life Sciences has disclosed Operating Expenses across 11 years of filings, most recently posting $2.2 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 47.95% year-over-year to $2.2 million; the TTM figure through Mar 2026 stood at $6.5 million (down 31.96% YoY), while the FY2025 annual figure was $5.8 million, down 46.72% from the prior year.
- Operating Expenses climbed to $2.2 million in Q1 2026, from $1.6 million in the prior quarter.
- Over the last five years, Operating Expenses for NDRA reached as high as $4.3 million in Q4 2024 and fell as low as $1.3 million in Q2 2025.
- The 5-year median for Operating Expenses is $2.8 million (2024), against an average of $2.5 million.
- Annual changes were most pronounced in 2024 — Operating Expenses jumped 194.75% — and 2025, when it slumped 62.25%.
- A 5-year view of Operating Expenses shows it stood at $3.3 million in 2022, then slumped by 56.0% to $1.5 million in 2023, then jumped by 194.75% to $4.3 million in 2024, then tumbled by 62.25% to $1.6 million in 2025, then surged by 34.01% to $2.2 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $2.2 million, $1.6 million, and $1.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 1.31 Bn |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 9.14 Bn |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 2.25 Bn |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 360.15 Mn |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | 790.16 Mn |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 1.44 Bn |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 553.00 Mn |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 512.00 Mn |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 316.87 Mn |
| 10 | ENDRA Life Sciences | 5.95 Mn | 5.59 Mn | - | 2.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.17 Mn |
| Dec 31, 2025 | 1.62 Mn |
| Sep 30, 2025 | 1.37 Mn |
| Jun 30, 2025 | 1.30 Mn |
| Mar 31, 2025 | 1.47 Mn |
| Dec 31, 2024 | 4.30 Mn |
| Sep 30, 2024 | 1.51 Mn |
| Jun 30, 2024 | 2.23 Mn |
| Mar 31, 2024 | 2.78 Mn |
| Dec 31, 2023 | 1.46 Mn |
| Sep 30, 2023 | 3.13 Mn |
| Jun 30, 2023 | 2.99 Mn |
| Mar 31, 2023 | 2.94 Mn |
| Dec 31, 2022 | 3.31 Mn |
| Sep 30, 2022 | 3.42 Mn |
| Jun 30, 2022 | 3.57 Mn |
| Mar 31, 2022 | 2.86 Mn |
| Dec 31, 2021 | 3.07 Mn |
| Sep 30, 2021 | 2.65 Mn |
| Jun 30, 2021 | 3.20 Mn |