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| Date | Value |
|---|---|
| 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 |