Picard Medical (PMI) Operating Expenses (2024 - 2026)
Picard Medical's (PMI) quarterly Operating Expenses came in at $4.8 million in Q1 2026, up 65.72% YoY 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) Operating Expenses (2024 - 2026) Analysis & Trends
Picard Medical (PMI) has 3 years of Operating Expenses data on file, last reported at $4.8 million in 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 grew to $4.8 million in Q1 2026, from $3.4 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $4.8 million in Q1 2026 to a low of $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 retreated 10.98% — and 2026, when it jumped 65.72%.
- Tracing PMI's Operating Expenses over 3 years: stood at $3.7 million in 2024, then slipped by 7.93% to $3.4 million in 2025, then surged 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.24 Bn | 193.64 Bn | 7.27 Bn | 10.90 Bn |
| 2 | Stryker | 128.63 Bn | 125.15 Bn | 4.50 Bn | 2.84 Bn |
| 3 | Medtronic | 119.19 Bn | 109.97 Bn | 6.41 Bn | 3.59 Bn |
| 4 | Boston Scientific | 73.51 Bn | 72.97 Bn | 3.85 Bn | 2.67 Bn |
| 5 | Edwards Lifesciences | 52.11 Bn | 47.85 Bn | 1.35 Bn | 846.40 Mn |
| 6 | Dexcom | 34.64 Bn | 32.70 Bn | 830.00 Mn | 511.70 Mn |
| 7 | GE HealthCare Technologies | 34.01 Bn | 31.90 Bn | 2.18 Bn | 1.44 Bn |
| 8 | Koninklijke Philips | 26.40 Bn | 23.08 Bn | 4.55 Bn | -741.59 Mn |
| 9 | Steris | 23.14 Bn | 22.65 Bn | 684.20 Mn | 398.30 Mn |
| 10 | Picard Medical | 4.53 Mn | 4.53 Mn | 275,000.00 | 4.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |