PAVmed (PAVM) Operating Expenses (2015 - 2026)
PAVmed (PAVM) posted Operating Expenses of $7.1 million for Q2 2026, up 2.92% on a QoQ basis from $6.9 million in Q4 2025, and up 49.44% year-over-year from $4.7 million in Q2 2025.
Analysis
PAVmed (PAVM) Operating Expenses (2015 - 2026) Analysis & Trends
PAVmed has reported Operating Expenses for 12 years, with the latest figure at $7.1 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 49.44% year-over-year to $7.1 million in Q2 2026; TTM through Jun 2026 was $23.5 million, a 21.82% decrease from a year earlier, with the FY2025 full-year figure at $21.9 million, down 53.93% from the prior year.
- Operating Expenses was $7.1 million for Q2 2026 at PAVmed, up from $6.9 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 $14.2 million, with a median of $15.7 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses surged 145.44% in 2022, then slumped 70.19% in 2024.
- Over 5 years, Operating Expenses stood at $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, then climbed by 2.92% to $7.1 million in 2026.
- The last three Operating Expenses figures came in at $7.1 million (Q2 2026), $6.9 million (Q4 2025), and $4.8 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | GE HealthCare Technologies | 29.85 Bn | 27.74 Bn | 2.18 Bn | 1.44 Bn |
| 2 | Lantheus Holdings | 6.57 Bn | 5.98 Bn | 241.86 Mn | 103.44 Mn |
| 3 | Heartflow | 4.11 Bn | 3.74 Bn | 53.19 Mn | 71.09 Mn |
| 4 | Neogen | 2.59 Bn | 2.40 Bn | 107.80 Mn | 104.70 Mn |
| 5 | Butterfly Network | 1.99 Bn | 1.87 Bn | 23.29 Mn | 36.95 Mn |
| 6 | Ceribell | 924.56 Mn | 795.30 Mn | 25.94 Mn | 45.92 Mn |
| 7 | QuidelOrtho | 874.92 Mn | 751.52 Mn | - | - |
| 8 | Varex Imaging | 779.06 Mn | 679.86 Mn | 76.70 Mn | 53.90 Mn |
| 9 | Prenetics Global | 340.90 Mn | 281.85 Mn | 30.20 Mn | -10.82 Mn |
| 10 | PAVmed | 30.47 Mn | 26.69 Mn | -89,000.00 | 7.06 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.06 Mn |
| 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 |