Quanterix (QTRX) Operating Expenses (2017 - 2026)
Quanterix (QTRX) reported Operating Expenses of $56.9 million for Q1 2026, up 38.16% on a YoY basis from $41.2 million in Q1 2025, and up 27.1% quarter-over-quarter from $44.8 million in Q4 2025.
Quanterix (QTRX) Operating Expenses (2017 - 2026) Analysis & Trends
Quanterix has reported Operating Expenses for 10 years, with the latest figure at $56.9 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 38.16% year-over-year to $56.9 million; the trailing twelve-month figure through Mar 2026 stood at $204.6 million (up 42.89% YoY), and the FY2025 full-year result was $190.5 million, up 40.36% from the prior year.
- Operating Expenses for Q1 2026 stood at $56.9 million, up from $44.8 million in the prior quarter.
- The five-year high for Operating Expenses was $56.9 million in Q1 2026, with the low at $26.6 million in Q1 2023.
- Historically, Operating Expenses has averaged $38.3 million across 5 years, with a median of $34.0 million in 2022.
- Annual changes were most pronounced in 2023 — Operating Expenses slumped 33.24% — and 2025, when it soared 70.94%.
- Quanterix's Operating Expenses 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 9.82 Bn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 2.87 Bn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 3.76 Bn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 2.51 Bn |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 822.60 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -668.50 Mn |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 495.00 Mn |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 1.46 Bn |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 380.30 Mn |
| 10 | Quanterix | 159.26 Mn | 59.99 Mn | 15.57 Mn | 56.93 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 27.54 Mn |