Quanterix (QTRX) Operating Expenses (2017 - 2026)
Quanterix's (QTRX) quarterly Operating Expenses came in at $56.9 million in Q1 2026, up 38.16% YoY from $41.2 million in Q1 2025, and up 27.1% on a QoQ basis from $44.8 million in Q4 2025.
Quanterix (QTRX) Operating Expenses (2017 - 2026) Analysis & Trends
Quanterix (QTRX) has 10 years of Operating Expenses data on file, last reported at $56.9 million in Q1 2026.
- Quarterly Operating Expenses rose 38.16% year-over-year to $56.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $204.6 million (up 42.89% YoY) and the FY2025 annual result came in at $190.5 million, up 40.36% from the prior year.
- Operating Expenses climbed to $56.9 million in Q1 2026, from $44.8 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $56.9 million in Q1 2026 to a low of $26.6 million in Q1 2023.
- A 5-year average of $38.3 million and a median of $34.0 million in 2022 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2023 — Operating Expenses slumped 33.24% — and 2025, when it soared 70.94%.
- Tracing QTRX's Operating Expenses over 5 years: stood at $34.0 million in 2022, then slipped by 2.98% to $33.0 million in 2023, then climbed by 11.86% to $36.9 million in 2024, then gained by 21.25% to $44.8 million in 2025, then climbed by 27.1% to $56.9 million in 2026.
- The last three Operating Expenses figures came in at $56.9 million (Q1 2026), $44.8 million (Q4 2025), and $54.5 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 | 200.20 Bn | 194.60 Bn | 7.27 Bn | 10.90 Bn |
| 2 | Stryker | 129.69 Bn | 126.21 Bn | 4.50 Bn | 2.84 Bn |
| 3 | Medtronic | 120.14 Bn | 110.92 Bn | 6.41 Bn | 3.59 Bn |
| 4 | Boston Scientific | 74.16 Bn | 73.62 Bn | 3.85 Bn | 2.67 Bn |
| 5 | Edwards Lifesciences | 52.68 Bn | 48.43 Bn | 1.35 Bn | 846.40 Mn |
| 6 | Dexcom | 34.57 Bn | 32.62 Bn | 830.00 Mn | 511.70 Mn |
| 7 | GE HealthCare Technologies | 34.09 Bn | 31.98 Bn | 2.18 Bn | 1.44 Bn |
| 8 | Koninklijke Philips | 26.49 Bn | 23.17 Bn | 4.55 Bn | -741.59 Mn |
| 9 | Steris | 23.19 Bn | 22.70 Bn | 684.20 Mn | 398.30 Mn |
| 10 | Quanterix | 152.82 Mn | 59.29 Mn | 12.67 Mn | 62.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 62.11 Mn |
| Mar 31, 2026 | 56.93 Mn |
| Dec 31, 2025 | 44.79 Mn |
| Sep 30, 2025 | 54.53 Mn |
| Jun 30, 2025 | 48.40 Mn |
| Mar 31, 2025 | 41.20 Mn |
| Dec 31, 2024 | 36.94 Mn |
| Sep 30, 2024 | 31.90 Mn |
| Jun 30, 2024 | 33.18 Mn |
| Mar 31, 2024 | 33.71 Mn |
| Dec 31, 2023 | 33.02 Mn |
| Sep 30, 2023 | 32.22 Mn |
| Jun 30, 2023 | 28.40 Mn |
| Mar 31, 2023 | 26.57 Mn |
| Dec 31, 2022 | 34.04 Mn |
| Sep 30, 2022 | 48.26 Mn |
| Jun 30, 2022 | 35.28 Mn |
| Mar 31, 2022 | 32.05 Mn |
| Dec 31, 2021 | 37.14 Mn |
| Sep 30, 2021 | 30.48 Mn |