AVITA Medical (RCEL) Operating Expenses (2018 - 2025)
AVITA Medical posted quarterly Operating Expenses of $24.7 million for Q4 2025, down 5.23% year-on-year from $26.1 million in Q4 2024, and up 7.34% on a QoQ basis from $23.0 million in Q3 2025.
AVITA Medical (RCEL) has 8 years of Operating Expenses data on file, last reported 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.
- Across five years, Operating Expenses topped out at $30.2 million in Q3 2024 and bottomed at $12.3 million in Q3 2021.
- The 5-year median for Operating Expenses is $22.1 million (2023), against an average of $21.3 million.
- The widest annual swing landed in 2021, when Operating Expenses tumbled 32.95%; it then surged 64.41% in 2023.
- A 5-year view of Operating Expenses shows it stood at $12.3 million in 2021, then climbed by 22.74% to $15.0 million in 2022, then soared by 64.41% to $24.7 million in 2023, then rose by 5.47% to $26.1 million in 2024, then declined 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 | 152.82 Bn | 146.17 Bn | 6.27 Bn | 9.82 Bn |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 2.87 Bn |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 3.76 Bn |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 2.51 Bn |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 822.60 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -668.50 Mn |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 495.00 Mn |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 1.46 Bn |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 380.30 Mn |
| 10 | AVITA Medical | 121.89 Mn | 103.71 Mn | 14.31 Mn | 24.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2020 | 16.51 Mn |
| Mar 31, 2020 | 19.66 Mn |
| Dec 31, 2019 | 13.39 Mn |
| Sep 30, 2019 | 8.34 Mn |
| Jun 30, 2019 | 10.51 Mn |
| Mar 31, 2019 | 9.34 Mn |
| Dec 31, 2018 | 8.85 Mn |
| Sep 30, 2018 | 6.96 Mn |
| Jun 30, 2018 | -21.78 Mn |