Growth Metrics

Profound Medical (PROF) Operating Expenses (2019 - 2026)

Profound Medical's quarterly Operating Expenses came in at $11.9 million in Q1 2026, down 8.96% year-on-year from $13.0 million in Q1 2025, and up 4.34% quarter-over-quarter from $11.4 million in Q4 2025.

Profound Medical has reported Operating Expenses for 8 years, with the latest figure at $11.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 8.96% year-over-year to $11.9 million; the trailing twelve-month figure through Mar 2026 stood at $51.5 million (up 16.01% YoY), and the FY2025 full-year result was $52.6 million, up 31.29% from the prior year.
  • Operating Expenses for Q1 2026 stood at $11.9 million, up from $11.4 million in the prior quarter.
  • The five-year high for Operating Expenses was $15.4 million in Q2 2025, with the low at $7.5 million in Q2 2023.
  • Average Operating Expenses over 5 years is $10.2 million, with a median of $9.4 million recorded in 2022.
  • Year-over-year, Operating Expenses slipped 18.28% in 2023 and soared 66.51% in 2025.
  • Tracing PROF's Operating Expenses over 5 years: stood at $9.4 million in 2022, then rose by 4.53% to $9.8 million in 2023, then increased by 15.31% to $11.3 million in 2024, then grew by 0.47% to $11.4 million in 2025, then rose by 4.34% to $11.9 million in 2026.
  • The last three Operating Expenses figures came in at $11.9 million (Q1 2026), $11.4 million (Q4 2025), and $12.8 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 Profound Medical 244.28 Mn 193.99 Mn 3.83 Mn 11.85 Mn

Historic Data

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DateValue
Mar 31, 2026 11.85 Mn
Dec 31, 2025 11.36 Mn
Sep 30, 2025 12.84 Mn
Jun 30, 2025 15.42 Mn
Mar 31, 2025 13.02 Mn
Dec 31, 2024 11.31 Mn
Sep 30, 2024 10.79 Mn
Jun 30, 2024 9.26 Mn
Mar 31, 2024 8.74 Mn
Dec 31, 2023 9.81 Mn
Sep 30, 2023 7.62 Mn
Jun 30, 2023 7.49 Mn
Mar 31, 2023 8.05 Mn
Dec 31, 2022 9.38 Mn
Sep 30, 2022 9.32 Mn
Jun 30, 2022 8.71 Mn
Mar 31, 2022 7.73 Mn
Dec 31, 2021 10.23 Mn
Sep 30, 2021 8.59 Mn
Jun 30, 2021 7.60 Mn
Mar 31, 2021 6.82 Mn
Sep 30, 2020 6.62 Mn
Jun 30, 2020 4.36 Mn
Mar 31, 2020 5.31 Mn
Dec 31, 2019 5.30 Mn
Sep 30, 2019 4.81 Mn
Jun 30, 2019 4.43 Mn
Mar 31, 2019 2.75 Mn