Picard Medical (PMI) Operating Expenses (2024 - 2026)

Picard Medical (PMI) posted Operating Expenses of $4.8 million for Q1 2026, up 40.19% on a QoQ basis from $3.4 million in Q4 2025, and up 65.72% year-over-year from $2.9 million in Q1 2025.

Picard Medical (PMI) Operating Expenses (2024 - 2026) Analysis & Trends

Picard Medical's Operating Expenses history runs 3 years deep, the most recent figure standing at $4.8 million for Q1 2026.

  • Quarterly Operating Expenses rose 65.72% year-over-year to $4.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $15.0 million (up 8.27% YoY) and the FY2025 annual result came in at $13.1 million, down 4.02% from the prior year.
  • Operating Expenses was $4.8 million for Q1 2026 at Picard Medical, up from $3.4 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $4.8 million in Q1 2026 and bottomed at $2.9 million in Q1 2025.
  • A 3-year average of $3.6 million and a median of $3.4 million in 2024 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2025 — Operating Expenses dropped 10.98% — and 2026, when it jumped 65.72%.
  • Picard Medical's Operating Expenses stood at $3.7 million in 2024, then declined by 7.93% to $3.4 million in 2025, then jumped by 40.19% to $4.8 million in 2026.
  • Business Quant data shows PMI's Operating Expenses at $4.8 million in Q1 2026, $3.4 million in Q4 2025, and $3.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 9.82 Bn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 2.87 Bn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 3.59 Bn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 2.51 Bn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 785.50 Mn
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 495.00 Mn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -668.50 Mn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 1.46 Bn
9 Smith & Nephew 25.80 Bn 25.22 Bn - -47.00 Mn
10 Picard Medical 6.70 Mn 6.70 Mn 275,000.00 4.79 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 4.79 Mn
Dec 31, 2025 3.41 Mn
Sep 30, 2025 3.36 Mn
Jun 30, 2025 3.39 Mn
Mar 31, 2025 2.89 Mn
Dec 31, 2024 3.71 Mn
Sep 30, 2024 3.77 Mn
Jun 30, 2024 3.44 Mn