PAVmed (PAVM) Operating Expenses (2015 - 2026)
PAVmed (PAVM) posted quarterly Operating Expenses of $6.9 million for Q4 2025, up 31.9% year-over-year from $5.2 million in Q4 2024, and up 41.37% quarter-over-quarter from $4.8 million in Q3 2025.
PAVmed (PAVM) Operating Expenses (2015 - 2026) Analysis & Trends
PAVmed's Operating Expenses history runs 11 years deep, the most recent figure standing at $6.9 million for Q4 2025.
- In Q4 2025, Operating Expenses rose 31.9% year-over-year to $6.9 million; the TTM figure through Dec 2025 stood at $21.9 million (down 37.32% YoY), while the FY2025 annual figure 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.
- The 5-year median for Operating Expenses is $15.0 million (2024), against an average of $14.4 million.
- The sharpest annual moves came in 2021 and 2024: Operating Expenses surged 164.41% in 2021, then slumped 70.19% in 2024.
- PAVmed's Operating Expenses stood at $20.0 million in 2021, then grew by 23.69% to $24.7 million in 2022, then slipped by 29.46% to $17.4 million in 2023, then plunged by 70.19% to $5.2 million in 2024, then soared by 31.9% to $6.9 million in 2025.
- Business Quant data shows PAVM's Operating Expenses at $6.9 million in Q4 2025, $4.8 million in Q3 2025, and $4.7 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.20 Bn | 194.60 Bn | 7.27 Bn | 10.90 Bn |
| 2 | Stryker | 129.69 Bn | 126.21 Bn | 4.50 Bn | 2.84 Bn |
| 3 | Medtronic | 120.14 Bn | 110.92 Bn | 6.41 Bn | 3.59 Bn |
| 4 | Boston Scientific | 74.16 Bn | 73.62 Bn | 3.85 Bn | 2.67 Bn |
| 5 | Edwards Lifesciences | 52.68 Bn | 48.43 Bn | 1.35 Bn | 846.40 Mn |
| 6 | Dexcom | 34.57 Bn | 32.62 Bn | 830.00 Mn | 511.70 Mn |
| 7 | GE HealthCare Technologies | 34.09 Bn | 31.98 Bn | 2.18 Bn | 1.44 Bn |
| 8 | Koninklijke Philips | 26.49 Bn | 23.17 Bn | 4.55 Bn | -741.59 Mn |
| 9 | Steris | 23.19 Bn | 22.70 Bn | 684.20 Mn | 398.30 Mn |
| 10 | PAVmed | 32.79 Mn | 29.00 Mn | -89,000.00 | 7.06 Mn |
Historic Data
Download 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 |