Pulse Biosciences (PLSE) Operating Expenses (2015 - 2025)

Pulse Biosciences (PLSE) recorded quarterly Operating Expenses of $20.5 million in Q3 2025, up 0.88% quarter-over-quarter from $20.3 million in Q2 2025, and up 49.78% on a YoY basis from $13.7 million in Q3 2024.

Pulse Biosciences (PLSE) Operating Expenses (2015 - 2025) Analysis & Trends

Pulse Biosciences' Operating Expenses history runs 11 years deep, the most recent figure standing at $20.5 million for Q3 2025.

  • In Q3 2025, Operating Expenses rose 49.78% year-over-year to $20.5 million; the TTM figure through Dec 2025 stood at $58.8 million (up 4.47% YoY), while the FY2024 annual figure was $56.3 million, up 29.11% from the prior year.
  • Operating Expenses was $20.5 million for Q3 2025 at Pulse Biosciences, up from $20.3 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $20.5 million in Q3 2025 to a low of $8.7 million in Q4 2022.
  • Historically, Operating Expenses has averaged $14.8 million across 5 years, with a median of $14.8 million in 2021.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses sank 46.25% in 2022, then soared 72.91% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $16.3 million in 2021, then tumbled by 46.25% to $8.7 million in 2022, then jumped by 43.46% to $12.5 million in 2023, then surged by 61.66% to $20.3 million in 2024, then climbed by 0.95% to $20.5 million in 2025.
  • The last three Operating Expenses figures came in at $20.5 million (Q3 2025), $20.3 million (Q2 2025), and $18.0 million (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Intuitive Surgical 148.09 Bn 143.69 Bn 1.83 Bn 975.20 Mn
2 Becton Dickinson 41.00 Bn 39.99 Bn 2.15 Bn 4.62 Bn
3 Medline 30.38 Bn 36.22 Bn 1.84 Bn 1.42 Bn
4 Resmed 28.22 Bn 26.56 Bn 890.98 Mn 391.17 Mn
5 West Pharmaceutical Services 23.72 Bn 23.19 Bn 296.40 Mn 115.30 Mn
6 Solventum 13.33 Bn 13.33 Bn 1.10 Bn 1.02 Bn
7 Cooper Companies 13.12 Bn 12.99 Bn 735.40 Mn 718.70 Mn
8 Align Technology 12.86 Bn 11.80 Bn 736.59 Mn 594.63 Mn
9 Baxter International 10.51 Bn 8.47 Bn 891.00 Mn 867.00 Mn
10 Pulse Biosciences 1.68 Bn 1.68 Bn - -

Historic Data

Download Data
DateValue
Sep 30, 2025 20.45 Mn
Jun 30, 2025 20.28 Mn
Mar 31, 2025 18.04 Mn
Dec 31, 2024 20.26 Mn
Sep 30, 2024 13.66 Mn
Jun 30, 2024 11.73 Mn
Mar 31, 2024 10.62 Mn
Dec 31, 2023 12.53 Mn
Sep 30, 2023 11.25 Mn
Jun 30, 2023 10.23 Mn
Mar 31, 2023 9.56 Mn
Dec 31, 2022 8.74 Mn
Sep 30, 2022 18.03 Mn
Jun 30, 2022 14.28 Mn
Mar 31, 2022 17.72 Mn
Dec 31, 2021 16.25 Mn
Sep 30, 2021 14.85 Mn
Jun 30, 2021 14.81 Mn
Mar 31, 2021 18.53 Mn
Dec 31, 2020 13.76 Mn