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

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

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

AVITA Medical has reported Operating Expenses for 8 years, with the latest figure at $24.7 million in Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses fell 5.23% year-over-year to $24.7 million; the trailing twelve-month figure through Dec 2025 stood at $101.4 million (down 9.3% YoY), and the FY2025 full-year result was $101.4 million, down 9.31% from the prior year.
  • Operating Expenses for Q4 2025 stood at $24.7 million, up from $23.0 million in the prior quarter.
  • The five-year high for Operating Expenses was $30.2 million in Q3 2024, with the low at $12.3 million in Q3 2021.
  • Historically, Operating Expenses has averaged $21.3 million across 5 years, with a median of $22.1 million in 2023.
  • Annual changes were most pronounced in 2021 — Operating Expenses sank 32.95% — and 2023, when it surged 64.41%.
  • AVITA Medical's Operating Expenses stood at $12.3 million in 2021, then advanced by 22.74% to $15.0 million in 2022, then surged by 64.41% to $24.7 million in 2023, then increased by 5.47% to $26.1 million in 2024, then dropped by 5.23% to $24.7 million in 2025.
  • The last three Operating Expenses figures came in at $24.7 million (Q4 2025), $23.0 million (Q3 2025), and $26.1 million (Q2 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 AVITA Medical 109.91 Mn 91.73 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 15.04 Mn
Sep 30, 2022 14.21 Mn
Mar 31, 2022 15.98 Mn
Sep 30, 2021 12.26 Mn
Jun 30, 2021 13.40 Mn
Mar 31, 2021 13.18 Mn
Dec 31, 2020 10.36 Mn
Sep 30, 2020 14.94 Mn