Growth Metrics

PAVmed (PAVM) Operating Expenses (2015 - 2025)

PAVmed's quarterly Operating Expenses came in at $6.9 million in Q4 2025, up 31.9% year-on-year from $5.2 million in Q4 2024, and up 41.37% quarter-over-quarter from $4.8 million in Q3 2025.

PAVmed has reported Operating Expenses for 11 years, with the latest figure at $6.9 million in Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 31.9% year-over-year to $6.9 million; the trailing twelve-month figure through Dec 2025 stood at $21.9 million (down 37.32% YoY), and the FY2025 full-year result was $21.9 million, down 53.93% from the prior year.
  • Operating Expenses for Q4 2025 stood at $6.9 million, up from $4.8 million in the prior quarter.
  • The five-year high for Operating Expenses was $24.7 million in Q4 2022, with the low at $4.7 million in Q2 2025.
  • Average Operating Expenses over 5 years is $14.4 million, with a median of $15.0 million recorded in 2024.
  • Year-over-year, Operating Expenses surged 164.41% in 2021 and tumbled 70.19% in 2024.
  • Tracing PAVM's Operating Expenses over 5 years: stood at $20.0 million in 2021, then rose by 23.69% to $24.7 million in 2022, then declined by 29.46% to $17.4 million in 2023, then plunged by 70.19% to $5.2 million in 2024, then surged by 31.9% to $6.9 million in 2025.
  • The last three Operating Expenses figures came in at $6.9 million (Q4 2025), $4.8 million (Q3 2025), and $4.7 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Abbott Laboratories 152.82 Bn 146.17 Bn 6.27 Bn 9.82 Bn
2 Stryker 115.07 Bn 112.19 Bn 3.81 Bn 2.87 Bn
3 Medtronic 95.25 Bn 87.08 Bn 5.76 Bn 3.76 Bn
4 Boston Scientific 71.38 Bn 70.17 Bn 3.61 Bn 2.51 Bn
5 Edwards Lifesciences 51.08 Bn 47.41 Bn 1.29 Bn 822.60 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -668.50 Mn
7 Dexcom 28.84 Bn 27.72 Bn 750.30 Mn 495.00 Mn
8 GE HealthCare Technologies 28.56 Bn 26.49 Bn 1.98 Bn 1.46 Bn
9 Steris 20.71 Bn 20.30 Bn 697.10 Mn 380.30 Mn
10 PAVmed 4.15 Mn -9.02 Mn -703,000.00 6.86 Mn

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 6.86 Mn
Sep 30, 2025 4.85 Mn
Jun 30, 2025 4.72 Mn
Mar 31, 2025 5.45 Mn
Dec 31, 2024 5.20 Mn
Jun 30, 2024 14.66 Mn
Mar 31, 2024 15.05 Mn
Dec 31, 2023 17.43 Mn
Sep 30, 2023 16.32 Mn
Jun 30, 2023 16.65 Mn
Mar 31, 2023 20.85 Mn
Dec 31, 2022 24.71 Mn
Sep 30, 2022 23.44 Mn
Jun 30, 2022 23.48 Mn
Mar 31, 2022 19.82 Mn
Dec 31, 2021 19.98 Mn
Sep 30, 2021 13.87 Mn
Jun 30, 2021 12.97 Mn
Mar 31, 2021 8.08 Mn
Dec 31, 2020 7.56 Mn
Sep 30, 2020 5.53 Mn
Jun 30, 2020 5.01 Mn
Mar 31, 2020 5.25 Mn
Dec 31, 2019 4.59 Mn
Sep 30, 2019 3.24 Mn
Jun 30, 2019 3.32 Mn
Mar 31, 2019 3.14 Mn
Dec 31, 2018 3.31 Mn
Sep 30, 2018 2.57 Mn
Jun 30, 2018 2.74 Mn
Mar 31, 2018 1.94 Mn
Dec 31, 2017 1.89 Mn
Sep 30, 2017 1.97 Mn
Jun 30, 2017 2.02 Mn
Mar 31, 2017 2.16 Mn
Dec 31, 2016 1.71 Mn
Sep 30, 2016 1.93 Mn
Jun 30, 2016 1.31 Mn
Mar 31, 2016 696,880.00
Dec 31, 2015 730,752.00
Sep 30, 2015 538,903.00
Jun 30, 2015 360,608.00
Mar 31, 2015 146,337.00