OneMedNet (ONMD) Operating Expenses (2021 - 2026)
OneMedNet (ONMD) posted quarterly Operating Expenses of $2.2 million for Q1 2026, up 8.6% year-over-year from $2.0 million in Q1 2025, and down 33.11% quarter-over-quarter from $3.2 million in Q4 2025.
OneMedNet (ONMD) Operating Expenses (2021 - 2026) Analysis & Trends
OneMedNet (ONMD) has reported Operating Expenses for 6 consecutive years, with $2.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 8.6% year-over-year to $2.2 million; the TTM figure through Mar 2026 stood at $9.3 million (changed 0.43% YoY), while the FY2025 annual figure was $9.2 million, down 1.72% from the prior year.
- Operating Expenses retreated to $2.2 million in Q1 2026 per ONMD's latest filing, from $3.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $5.6 million in Q4 2022 and bottomed at $467223.0 in Q3 2022.
- Historically, Operating Expenses has averaged $2.0 million across 5 years, with a median of $2.0 million in 2025.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 66194.08% — and 2023, when it tumbled 66.51%.
- OneMedNet's Operating Expenses stood at $5.6 million in 2022, then sank by 66.51% to $1.9 million in 2023, then jumped by 43.85% to $2.7 million in 2024, then gained by 20.71% to $3.2 million in 2025, then plunged by 33.11% to $2.2 million in 2026.
- Business Quant data shows ONMD's Operating Expenses at $2.2 million in Q1 2026, $3.2 million in Q4 2025, and $2.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 388.91 Mn |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 362.36 Mn |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 153.36 Mn |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | 132.05 Mn |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 143.51 Mn |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | 398.00 Mn |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 243.63 Mn |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 99.28 Mn |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | 71.09 Mn |
| 10 | OneMedNet | 41.18 Mn | 41.08 Mn | -380,000.00 | 2.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.17 Mn |
| Dec 31, 2025 | 3.25 Mn |
| Sep 30, 2025 | 2.01 Mn |
| Jun 30, 2025 | 1.82 Mn |
| Mar 31, 2025 | 2.00 Mn |
| Dec 31, 2024 | 2.69 Mn |
| Sep 30, 2024 | 2.25 Mn |
| Jun 30, 2024 | 2.35 Mn |
| Mar 31, 2024 | 2.03 Mn |
| Dec 31, 2023 | 1.87 Mn |
| Sep 30, 2023 | 1.96 Mn |
| Jun 30, 2023 | 1.51 Mn |
| Mar 31, 2023 | 1.38 Mn |
| Dec 31, 2022 | 5.58 Mn |
| Sep 30, 2022 | 467,223.00 |
| Jun 30, 2022 | 744,495.00 |
| Mar 31, 2022 | 560,185.00 |
| Dec 31, 2021 | 251,333.00 |
| Sep 30, 2021 | 98,724.00 |
| Jun 30, 2021 | 70,494.00 |