Sanara MedTech (SMTI) Operating Expenses (2010 - 2026)
Sanara MedTech's (SMTI) quarterly Operating Expenses came in at $23.2 million in Q1 2026, up 11.82% YoY from $20.8 million in Q1 2025, and down 5.66% on a QoQ basis from $24.6 million in Q4 2025.
Sanara MedTech (SMTI) Operating Expenses (2010 - 2026) Analysis & Trends
Sanara MedTech (SMTI) has 16 years of Operating Expenses data on file, last reported at $23.2 million in 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 fell to $23.2 million in Q1 2026, from $24.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $24.6 million in Q4 2025 to a low of $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 climbed 0.36%.
- Tracing SMTI's Operating Expenses over 5 years: stood at $16.1 million in 2022, then increased by 0.36% to $16.1 million in 2023, then surged by 35.15% to $21.8 million in 2024, then grew by 12.96% to $24.6 million in 2025, then fell by 5.66% to $23.2 million in 2026.
- The last three Operating Expenses figures came in at $23.2 million (Q1 2026), $24.6 million (Q4 2025), and $21.5 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 134.13 Bn | 128.91 Bn | 1.96 Bn | 988.50 Mn |
| 2 | Becton Dickinson | 52.76 Bn | 51.90 Bn | 2.32 Bn | 4.32 Bn |
| 3 | Alcon | 35.81 Bn | 34.46 Bn | 1.68 Bn | 1.63 Bn |
| 4 | Resmed | 33.72 Bn | 32.25 Bn | 861.22 Mn | 412.51 Mn |
| 5 | Medline | 29.38 Bn | 26.70 Bn | 2.22 Bn | 1.82 Bn |
| 6 | West Pharmaceutical Services | 25.00 Bn | 24.57 Bn | 329.20 Mn | 137.30 Mn |
| 7 | Solventum | 15.46 Bn | 15.06 Bn | 1.29 Bn | 1.11 Bn |
| 8 | Cooper Companies | 14.88 Bn | 14.74 Bn | 735.40 Mn | 718.70 Mn |
| 9 | Baxter International | 13.58 Bn | 11.43 Bn | 1.03 Bn | 864.00 Mn |
| 10 | Sanara MedTech | 297.82 Mn | 297.82 Mn | - | 5.73 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.73 Mn |
| 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 |