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| Date | Value |
|---|---|
| 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 |