Sanara MedTech (SMTI) Operating Expenses (2010 - 2026)
Sanara MedTech posted quarterly Operating Expenses of $23.2 million for Q1 2026, up 11.82% year-on-year 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) has 16 years of Operating Expenses data on file, last reported at $23.2 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 11.82% year-over-year to $23.2 million; the trailing twelve-month figure through Mar 2026 stood at $93.3 million (up 13.07% YoY), and the FY2025 full-year result was $88.3 million, up 14.26% from the prior year.
- Operating Expenses for Q1 2026 stood at $23.2 million, 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.
- The 5-year median for Operating Expenses is $18.2 million (2024), against an average of $18.1 million.
- The widest annual swing landed in 2022, when Operating Expenses jumped 96.19%; it then climbed 0.36% in 2023.
- A 5-year view of Operating Expenses shows it stood at $16.1 million in 2022, then rose by 0.36% to $16.1 million in 2023, then soared by 35.15% to $21.8 million in 2024, then increased by 12.96% to $24.6 million in 2025, then retreated 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 156.17 Bn | 151.78 Bn | 1.83 Bn | 975.20 Mn |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn | 4.62 Bn |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn | 391.17 Mn |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn | 115.30 Mn |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn | 1.02 Bn |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn | 434.50 Mn |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn | 594.63 Mn |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn | 867.00 Mn |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn | 875.37 Mn |
| 10 | Sanara MedTech | 203.69 Mn | 190.09 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 |
| Mar 31, 2021 | 5.62 Mn |
| Dec 31, 2020 | 5.15 Mn |
| Sep 30, 2020 | 5.17 Mn |
| Jun 30, 2020 | 3.70 Mn |
| Mar 31, 2020 | 4.99 Mn |
| Dec 31, 2019 | 4.52 Mn |
| Sep 30, 2019 | 3.42 Mn |
| Jun 30, 2019 | 3.01 Mn |
| Mar 31, 2019 | 2.35 Mn |
| Dec 31, 2018 | 2.52 Mn |
| Sep 30, 2018 | 551,777.00 |
| Jun 30, 2018 | 2.07 Mn |
| Mar 31, 2018 | 1.68 Mn |
| Dec 31, 2017 | 1.49 Mn |
| Sep 30, 2017 | 1.35 Mn |
| Jun 30, 2017 | 1.17 Mn |
| Mar 31, 2017 | 1.37 Mn |
| Dec 31, 2016 | 1.14 Mn |
| Sep 30, 2016 | 981,738.00 |
| Jun 30, 2016 | 1.95 Mn |
| Mar 31, 2016 | 765,714.00 |
| Dec 31, 2015 | 812,456.00 |
| Sep 30, 2015 | 823,587.00 |
| Jun 30, 2015 | 868,058.00 |
| Jun 30, 2013 | 446,798.00 |
| Mar 31, 2013 | 546,311.00 |
| Dec 31, 2012 | 1.74 Mn |
| Sep 30, 2012 | 418,346.00 |
| Jun 30, 2012 | 367,427.00 |
| Mar 31, 2012 | 1.50 Mn |
| Dec 31, 2011 | 29,704.00 |
| Sep 30, 2011 | 394,727.00 |
| Jun 30, 2011 | 793,583.00 |
| Mar 31, 2011 | 1.06 Mn |
| Dec 31, 2010 | 937,811.00 |
| Sep 30, 2010 | 424,791.00 |
| Jun 30, 2010 | 587,534.00 |