Orchestra BioMed Holdings (OBIO) Operating Expenses (2021 - 2026)
Orchestra BioMed Holdings (OBIO) recorded Operating Expenses of $22.44 million in Q2 2026, up 11.3% from $20.16 million a year earlier and up 1.2% from the prior quarter.
Orchestra BioMed Holdings (OBIO) Operating Expenses (2021 - 2026) Analysis & Trends
On a TTM basis, Orchestra BioMed Holdings' Operating Expenses came in at $89.97 million as of Jun 30, 2026, up 21.2% year-over-year; for FY2025, it was $85.29 million, up 27.4% from FY2024.
- Annual Operating Expenses has increased for three straight years, with a five-year compound annual growth rate of 242.9% (FY2020 to FY2025).
- Across earlier years, Operating Expenses came in at $66.94 million in FY2024 (+23.4%), $54.27 million in FY2023 (+49.9%), $36.19 million in FY2022 and $274,756 in FY2021 (+52.7%).
- Quarterly Operating Expenses has ranged from $62,045 in Q4 2021 to $24.16 million in Q4 2025 over the past five years.
- On a year-over-year basis, Operating Expenses has increased for 14 consecutive quarters, with growth averaging 22.9% over the last eight quarters.
- Over the past five years, the year-over-year growth in Operating Expenses ranged from 11.3% (Q2 2026) to 112.0% (Q1 2023).
- Per Business Quant, the preceding three quarters came in at $22.19 million (Q1 2026), $24.16 million (Q4 2025) and $21.17 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 9.91 Bn |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 10.90 Bn |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 2.48 Bn |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 988.50 Mn |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 4.06 Bn |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 2.84 Bn |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 2.67 Bn |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 840.10 Mn |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 4.32 Bn |
| 10 | Orchestra BioMed Holdings | 365.44 Mn | -31.16 Mn | 63,000.00 | 22.44 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.44 Mn |
| Mar 31, 2026 | 22.19 Mn |
| Dec 31, 2025 | 24.16 Mn |
| Sep 30, 2025 | 21.17 Mn |
| Jun 30, 2025 | 20.16 Mn |
| Mar 31, 2025 | 19.79 Mn |
| Dec 31, 2024 | 16.93 Mn |
| Sep 30, 2024 | 17.33 Mn |
| Jun 30, 2024 | 17.64 Mn |
| Mar 31, 2024 | 15.04 Mn |
| Dec 31, 2023 | 12.74 Mn |
| Sep 30, 2023 | 14.94 Mn |
| Jun 30, 2023 | 13.87 Mn |
| Mar 31, 2023 | 12.71 Mn |
| Dec 31, 2022 | 10.93 Mn |
| Sep 30, 2022 | 11.23 Mn |
| Jun 30, 2022 | 8.04 Mn |
| Mar 31, 2022 | 5.99 Mn |
| Dec 31, 2021 | 62,045.00 |
| Sep 30, 2021 | 64,445.00 |
Orchestra BioMed Holdings Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=OBIO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "OBIO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=OBIO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();