Profound Medical (PROF) Operating Expenses (2024 - 2026)
Profound Medical's (PROF) 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 (PROF) Operating Expenses (2024 - 2026) Analysis & Trends
Profound Medical's Operating Expenses history runs 3 years deep, the most recent figure standing at $11.9 million for Q1 2026.
- On a quarterly basis, Operating Expenses fell 8.96% year-over-year to $11.9 million in Q1 2026; TTM through Mar 2026 was $51.5 million, a 16.01% increase from a year earlier, with the FY2025 full-year figure at $52.6 million, up 31.29% from the prior year.
- Operating Expenses improved to $11.9 million in Q1 2026 per PROF's latest filing, from $11.4 million in the prior quarter.
- Across five years, Operating Expenses topped out at $15.4 million in Q2 2025 and bottomed at $8.7 million in Q1 2024.
- The 3-year median for Operating Expenses is $11.4 million (2025), against an average of $11.6 million.
- Across the five-year window, Operating Expenses soared 66.51% in 2025 and retreated 8.96% in 2026, its largest moves.
- Year by year, Operating Expenses stood at $11.3 million in 2024, then climbed by 0.47% to $11.4 million in 2025, then increased by 4.34% to $11.9 million in 2026.
- Per Business Quant, the three latest PROF Operating Expenses figures stand at $11.9 million (Q1 2026), $11.4 million (Q4 2025), and $12.8 million (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 | Profound Medical | 248.64 Mn | 198.34 Mn | 3.83 Mn | 11.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |