Strata Critical Medical (SRTA) Operating Expenses (2019 - 2026)
Strata Critical Medical (SRTA) posted quarterly Operating Expenses of $17.1 million for Q1 2026, up 34.17% year-over-year from $12.7 million in Q1 2025, and up 120.64% quarter-over-quarter from -$82.8 million in Q4 2025.
Analysis
Strata Critical Medical (SRTA) Operating Expenses (2019 - 2026) Analysis & Trends
Strata Critical Medical (SRTA) has reported Operating Expenses for 8 consecutive years, with $17.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 34.17% year-over-year to $17.1 million; the TTM figure through Mar 2026 stood at $64.9 million (up 6.38% YoY), while the FY2025 annual figure was $63.5 million, up 21.81% from the prior year.
- Operating Expenses improved to $17.1 million in Q1 2026 per SRTA's latest filing, from -$82.8 million in the prior quarter.
- Across five years, Operating Expenses topped out at $83.1 million in Q4 2023 and bottomed at -$82.8 million in Q4 2025.
- Historically, Operating Expenses has averaged $34.5 million across 5 years, with a median of $54.9 million in 2025.
- Annual changes were most pronounced in 2023 — Operating Expenses surged 768.1% — and 2024, when it slumped 190.16%.
- Strata Critical Medical's Operating Expenses stood at $45.4 million in 2022, then surged by 83.2% to $83.1 million in 2023, then plunged by 190.16% to -$74.9 million in 2024, then dropped by 10.52% to -$82.8 million in 2025, then soared by 120.64% to $17.1 million in 2026.
- Business Quant data shows SRTA's Operating Expenses at $17.1 million in Q1 2026, -$82.8 million in Q4 2025, and $54.9 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 90.36 Bn | 89.35 Bn | 15.19 Bn | 17.74 Bn |
| 2 | Tenet Healthcare | 22.02 Bn | 19.85 Bn | 4.45 Bn | 3.00 Mn |
| 3 | Encompass Health | 12.13 Bn | 11.99 Bn | 1.34 Bn | 1.31 Bn |
| 4 | Davita | 11.78 Bn | 11.09 Bn | 1.16 Bn | 2.98 Bn |
| 5 | Universal Health Services | 10.09 Bn | 9.95 Bn | 3.29 Bn | 4.12 Bn |
| 6 | Ensign | 9.97 Bn | 9.65 Bn | 306.24 Mn | 1.32 Bn |
| 7 | Chemed | 6.93 Bn | 6.89 Bn | 221.47 Mn | 584.05 Mn |
| 8 | Pacs | 6.81 Bn | 6.64 Bn | 338.46 Mn | 1.32 Bn |
| 9 | Concentra Group Holdings Parent | 4.32 Bn | 4.16 Bn | 192.10 Mn | 490.51 Mn |
| 10 | Strata Critical Medical | 463.40 Mn | 440.65 Mn | 15.22 Mn | 20.62 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.62 Mn |
| Mar 31, 2026 | 17.09 Mn |
| Dec 31, 2025 | -82.82 Mn |
| Sep 30, 2025 | 54.92 Mn |
| Jun 30, 2025 | 13.65 Mn |
| Mar 31, 2025 | 12.74 Mn |
| Dec 31, 2024 | -74.94 Mn |
| Sep 30, 2024 | 43.15 Mn |
| Jun 30, 2024 | 80.09 Mn |
| Mar 31, 2024 | 61.38 Mn |
| Dec 31, 2023 | 83.11 Mn |
| Sep 30, 2023 | 78.89 Mn |
| Jun 30, 2023 | 73.20 Mn |
| Mar 31, 2023 | 58.10 Mn |
| Jun 30, 2022 | 85.69 Mn |
| Mar 31, 2022 | 40.32 Mn |
| Sep 30, 2021 | 64.27 Mn |
| Jun 30, 2021 | 44.57 Mn |
| Mar 31, 2021 | 13.50 Mn |
| Sep 30, 2020 | 421,374.00 |