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

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

Picard Medical (PMI) has 3 years of Operating Expenses data on file, last reported at $4.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 65.72% year-over-year to $4.8 million; the trailing twelve-month figure through Mar 2026 stood at $15.0 million (up 8.27% YoY), and the FY2025 full-year result was $13.1 million, down 4.02% from the prior year.
  • Operating Expenses for Q1 2026 stood at $4.8 million, 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.
  • The 3-year median for Operating Expenses is $3.4 million (2024), against an average of $3.6 million.
  • The widest annual swing landed in 2025, when Operating Expenses retreated 10.98%; it then jumped 65.72% in 2026.
  • A 3-year view of Operating Expenses shows it stood at $3.7 million in 2024, then dropped by 7.93% to $3.4 million in 2025, then soared by 40.19% to $4.8 million in 2026.
  • The last three Operating Expenses figures came in at $4.8 million (Q1 2026), $3.4 million (Q4 2025), and $3.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Abbott Laboratories 152.82 Bn 146.17 Bn 6.27 Bn 9.82 Bn
2 Stryker 115.07 Bn 112.19 Bn 3.81 Bn 2.87 Bn
3 Medtronic 95.25 Bn 87.08 Bn 5.76 Bn 3.76 Bn
4 Boston Scientific 71.38 Bn 70.17 Bn 3.61 Bn 2.51 Bn
5 Edwards Lifesciences 51.08 Bn 47.41 Bn 1.29 Bn 822.60 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -668.50 Mn
7 Dexcom 28.84 Bn 27.72 Bn 750.30 Mn 495.00 Mn
8 GE HealthCare Technologies 28.56 Bn 26.49 Bn 1.98 Bn 1.46 Bn
9 Steris 20.71 Bn 20.30 Bn 697.10 Mn 380.30 Mn
10 Picard Medical 12.10 Mn 12.10 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
Dec 31, 2024 3.71 Mn
Sep 30, 2024 3.77 Mn
Jun 30, 2024 3.44 Mn