Profound Medical (PROF) Operating Expenses (2024 - 2026)
Profound Medical (PROF) posted Operating Expenses of $13.0 million for Q2 2026, up 9.79% on a QoQ basis from $11.9 million in Q1 2026, and down 15.63% year-over-year from $15.4 million in Q2 2025.
Analysis
Profound Medical (PROF) Operating Expenses (2024 - 2026) Analysis & Trends
Profound Medical has reported Operating Expenses for 3 years, with the latest figure at $13.0 million in Q2 2026.
- On a quarterly basis, Operating Expenses fell 15.63% year-over-year to $13.0 million in Q2 2026; TTM through Jun 2026 was $49.1 million, a 2.9% decrease from a year earlier, with the FY2025 full-year figure at $52.6 million, up 31.29% from the prior year.
- Operating Expenses was $13.0 million for Q2 2026 at Profound Medical, up from $11.9 million in the prior quarter.
- The five-year high for Operating Expenses was $15.4 million in Q2 2025, with the low at $8.7 million in Q1 2024.
- Average Operating Expenses over 3 years is $11.8 million, with a median of $11.6 million recorded in 2025.
- The sharpest annual moves came in 2025 and 2026: Operating Expenses surged 66.51% in 2025, then declined 15.63% in 2026.
- Over 3 years, Operating Expenses stood at $11.3 million in 2024, then grew by 0.47% to $11.4 million in 2025, then advanced by 14.55% to $13.0 million in 2026.
- The last three Operating Expenses figures came in at $13.0 million (Q2 2026), $11.9 million (Q1 2026), and $11.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 10.90 Bn |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 988.50 Mn |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 3.97 Bn |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 2.84 Bn |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 2.67 Bn |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 846.40 Mn |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | -1.63 Bn |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 511.70 Mn |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 398.30 Mn |
| 10 | Profound Medical | 246.82 Mn | 208.55 Mn | 1.95 Mn | 13.01 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.01 Mn |
| 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 |