QTREX Quantum (QTEX) Operating Expenses (2020 - 2023)
QTREX Quantum's (QTEX) quarterly Operating Expenses came in at $3.0 million in Q4 2023, up 3.09% year-over-year from $2.9 million in Q4 2022, and up 22.5% quarter-over-quarter from $2.4 million in Q3 2023.
Analysis
QTREX Quantum (QTEX) Operating Expenses (2020 - 2023) Analysis & Trends
QTREX Quantum has disclosed Operating Expenses across 4 years of filings, most recently posting $3.0 million for Q4 2023.
- In Q4 2023, Operating Expenses rose 3.09% year-over-year to $3.0 million; the TTM figure through Dec 2023 stood at $11.4 million (down 15.34% YoY), while the FY2025 annual figure was $13.9 million, down 25.46% from the prior year.
- Operating Expenses came in at $3.0 million for Q4 2023 at QTREX Quantum, up from $2.4 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $4.1 million in Q2 2022 to a low of $86000.0 in Q4 2020.
- Average Operating Expenses over 4 years is $2.6 million, with a median of $2.9 million recorded in 2022.
- Year-over-year, Operating Expenses surged 399.52% in 2022 and plunged 31.77% in 2023.
- Over 4 years, Operating Expenses stood at $86000.0 in 2020, then jumped by 3151.16% to $2.8 million in 2021, then rose by 4.08% to $2.9 million in 2022, then increased by 3.09% to $3.0 million in 2023.
- Per Business Quant data, the three most recent Operating Expenses figures were $3.0 million in Q4 2023, $2.4 million in Q3 2023, and $2.8 million in Q2 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 177.43 Bn | 172.48 Bn | 7.27 Bn | 10.90 Bn |
| 2 | Intuitive Surgical | 139.20 Bn | 134.11 Bn | 1.96 Bn | 988.50 Mn |
| 3 | Medtronic | 118.01 Bn | 109.81 Bn | 6.34 Bn | 3.97 Bn |
| 4 | Stryker | 105.44 Bn | 101.96 Bn | 4.50 Bn | 2.84 Bn |
| 5 | Boston Scientific | 62.90 Bn | 62.60 Bn | 3.85 Bn | 2.67 Bn |
| 6 | Edwards Lifesciences | 50.87 Bn | 46.72 Bn | 1.35 Bn | 846.40 Mn |
| 7 | Dexcom | 33.72 Bn | 31.77 Bn | 830.00 Mn | 511.70 Mn |
| 8 | Resmed | 32.45 Bn | 30.98 Bn | 861.22 Mn | 412.51 Mn |
| 9 | Alcon | 31.70 Bn | 30.25 Bn | 1.68 Bn | -1.63 Bn |
| 10 | QTREX Quantum | 26.07 Mn | 22.91 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 3.00 Mn |
| Sep 30, 2023 | 2.45 Mn |
| Jun 30, 2023 | 2.82 Mn |
| Mar 31, 2023 | 3.12 Mn |
| Dec 31, 2022 | 2.91 Mn |
| Sep 30, 2022 | 3.31 Mn |
| Jun 30, 2022 | 4.13 Mn |
| Mar 31, 2022 | 3.10 Mn |
| Sep 30, 2021 | 2.80 Mn |
| Jun 30, 2021 | 826,000.00 |
| Dec 31, 2020 | 86,000.00 |