AVITA Medical (RCEL) Operating Expenses (2018 - 2025)

AVITA Medical (RCEL) posted Operating Expenses of $24.7 million for Q4 2025, up 7.34% on a QoQ basis from $23.0 million in Q3 2025, and down 5.23% year-over-year from $26.1 million in Q4 2024.

AVITA Medical (RCEL) Operating Expenses (2018 - 2025) Analysis & Trends

AVITA Medical's Operating Expenses history runs 8 years deep, the most recent figure standing at $24.7 million for Q4 2025.

  • Quarterly Operating Expenses fell 5.23% year-over-year to $24.7 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $101.4 million (down 9.3% YoY) and the FY2025 annual result came in at $101.4 million, down 9.31% from the prior year.
  • Operating Expenses was $24.7 million for Q4 2025 at AVITA Medical, up from $23.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $38.8 million in Q3 2021 and bottomed at $13.2 million in Q1 2021.
  • A 5-year average of $23.7 million and a median of $24.7 million in 2023 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2021 — Operating Expenses jumped 159.89% — and 2022, when it plunged 63.39%.
  • AVITA Medical's Operating Expenses stood at $38.8 million in 2021, then sank by 54.7% to $17.6 million in 2022, then jumped by 40.6% to $24.7 million in 2023, then gained by 5.47% to $26.1 million in 2024, then fell by 5.23% to $24.7 million in 2025.
  • Business Quant data shows RCEL's Operating Expenses at $24.7 million in Q4 2025, $23.0 million in Q3 2025, and $26.1 million in Q2 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 AVITA Medical 140.94 Mn 124.59 Mn 14.31 Mn 24.72 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 24.72 Mn
Sep 30, 2025 23.03 Mn
Jun 30, 2025 26.10 Mn
Mar 31, 2025 27.51 Mn
Dec 31, 2024 26.08 Mn
Sep 30, 2024 30.16 Mn
Jun 30, 2024 28.71 Mn
Mar 31, 2024 26.80 Mn
Dec 31, 2023 24.73 Mn
Sep 30, 2023 21.05 Mn
Jun 30, 2023 21.24 Mn
Mar 31, 2023 19.42 Mn
Dec 31, 2022 17.59 Mn
Sep 30, 2022 14.21 Mn
Mar 31, 2022 15.98 Mn
Sep 30, 2021 38.83 Mn
Jun 30, 2021 26.58 Mn
Mar 31, 2021 13.18 Mn
Dec 31, 2020 10.36 Mn
Sep 30, 2020 14.94 Mn