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% YoY from $12.7 million in Q1 2025, and up 120.64% sequentially from -$82.8 million in Q4 2025.
Strata Critical Medical (SRTA) Operating Expenses (2019 - 2026) Analysis & Trends
Strata Critical Medical has disclosed Operating Expenses across 8 years of filings, most recently posting $17.1 million for 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 climbed to $17.1 million in Q1 2026, from -$82.8 million in the prior quarter.
- Over the last five years, Operating Expenses for SRTA reached as high as $83.1 million in Q4 2023 and fell as low as -$82.8 million in Q4 2025.
- The 5-year median for Operating Expenses is $54.9 million (2025), against an average of $30.9 million.
- Annual changes were most pronounced in 2023 — Operating Expenses surged 1003.57% — and 2024, when it plunged 190.16%.
- A 5-year view of Operating Expenses shows it stood at -$8.1 million in 2022, then soared by 1125.94% to $83.1 million in 2023, then sank by 190.16% to -$74.9 million in 2024, then slipped by 10.52% to -$82.8 million in 2025, then surged by 120.64% to $17.1 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $17.1 million, -$82.8 million, and $54.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 87.94 Bn | 90.32 Bn | 16.26 Bn | 16.82 Bn |
| 2 | Chemed | 18.08 Bn | 18.07 Bn | 215.76 Mn | 572.94 Mn |
| 3 | Tenet Healthcare | 16.59 Bn | 15.76 Bn | 4.41 Bn | 27.00 Mn |
| 4 | Davita | 15.37 Bn | 16.23 Bn | 1.07 Bn | 2.93 Bn |
| 5 | Encompass Health | 10.07 Bn | 10.70 Bn | 1.34 Bn | 1.29 Bn |
| 6 | Ensign | 9.52 Bn | 8.93 Bn | 293.37 Mn | 1.26 Bn |
| 7 | Universal Health Services | 9.19 Bn | 9.15 Bn | 3.21 Bn | 3.99 Bn |
| 8 | Pacs | 6.96 Bn | 6.72 Bn | 345.96 Mn | 1.30 Bn |
| 9 | Ww International | 6.14 Bn | 5.98 Bn | -149.29 Mn | -25.79 Mn |
| 10 | Strata Critical Medical | 450.51 Mn | 391.72 Mn | 14.12 Mn | 17.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.09 Mn |
| Dec 31, 2025 | -82.82 Mn |
| Sep 30, 2025 | 54.92 Mn |
| Jun 30, 2025 | 75.76 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 | -8.10 Mn |
| Mar 31, 2022 | -8.70 Mn |
| Sep 30, 2021 | 30.05 Mn |
| Jun 30, 2021 | 20.72 Mn |
| Mar 31, 2021 | 13.50 Mn |
| Sep 30, 2020 | 160,688.00 |
| Jun 30, 2020 | 4.91 Mn |