Sanara MedTech (SMTI) Operating Expenses (2010 - 2026)

Sanara MedTech (SMTI) posted Operating Expenses of $23.2 million for Q1 2026, down 5.66% on a QoQ basis from $24.6 million in Q4 2025, and up 11.82% year-over-year from $20.8 million in Q1 2025.

Sanara MedTech (SMTI) Operating Expenses (2010 - 2026) Analysis & Trends

Sanara MedTech's Operating Expenses history runs 16 years deep, the most recent figure standing at $23.2 million for Q1 2026.

  • Quarterly Operating Expenses rose 11.82% year-over-year to $23.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $93.3 million (up 13.07% YoY) and the FY2025 annual result came in at $88.3 million, up 14.26% from the prior year.
  • Operating Expenses was $23.2 million for Q1 2026 at Sanara MedTech, down from $24.6 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $24.6 million in Q4 2025 and bottomed at $9.8 million in Q1 2022.
  • A 5-year average of $18.1 million and a median of $18.2 million in 2024 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses jumped 96.19% — and 2023, when it rose 0.36%.
  • Sanara MedTech's Operating Expenses stood at $16.1 million in 2022, then gained by 0.36% to $16.1 million in 2023, then jumped by 35.15% to $21.8 million in 2024, then rose by 12.96% to $24.6 million in 2025, then decreased by 5.66% to $23.2 million in 2026.
  • Business Quant data shows SMTI's Operating Expenses at $23.2 million in Q1 2026, $24.6 million in Q4 2025, and $21.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alcon 32,734,969.19 Bn 32,734,967.53 Bn 1.53 Bn -1.13 Bn
2 Intuitive Surgical 117.50 Bn 112.41 Bn 1.96 Bn 988.50 Mn
3 Becton Dickinson 42.93 Bn 42.11 Bn 2.15 Bn 4.62 Bn
4 Medline 30.82 Bn 36.66 Bn 1.84 Bn 1.42 Bn
5 Resmed 27.90 Bn 26.23 Bn 890.98 Mn 391.17 Mn
6 West Pharmaceutical Services 26.76 Bn 26.23 Bn 329.20 Mn 137.30 Mn
7 Cooper Companies 15.30 Bn 15.16 Bn 735.40 Mn 718.70 Mn
8 Solventum 13.46 Bn 12.90 Bn 1.10 Bn 1.02 Bn
9 Align Technology 12.02 Bn 10.96 Bn 736.59 Mn 594.63 Mn
10 Sanara MedTech 233.71 Mn 220.11 Mn 25.87 Mn 23.23 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 23.23 Mn
Dec 31, 2025 24.62 Mn
Sep 30, 2025 21.52 Mn
Jun 30, 2025 23.92 Mn
Mar 31, 2025 20.77 Mn
Dec 31, 2024 21.80 Mn
Sep 30, 2024 18.90 Mn
Jun 30, 2024 21.03 Mn
Mar 31, 2024 18.18 Mn
Dec 31, 2023 16.13 Mn
Sep 30, 2023 15.18 Mn
Jun 30, 2023 15.43 Mn
Mar 31, 2023 14.61 Mn
Dec 31, 2022 16.07 Mn
Sep 30, 2022 14.05 Mn
Jun 30, 2022 12.10 Mn
Mar 31, 2022 9.78 Mn
Dec 31, 2021 9.66 Mn
Sep 30, 2021 7.16 Mn
Jun 30, 2021 6.77 Mn