TELA Bio (TELA) Operating Expenses (2018 - 2026)
TELA Bio (TELA) recorded quarterly Operating Expenses of $23.0 million in Q1 2026, up 12.95% quarter-over-quarter from $20.4 million in Q4 2025, and little changed on a YoY basis from $23.0 million in Q1 2025.
TELA Bio (TELA) Operating Expenses (2018 - 2026) Analysis & Trends
TELA Bio's Operating Expenses history runs 9 years deep, the most recent figure standing at $23.0 million for Q1 2026.
- In Q1 2026, Operating Expenses changed 0.27% year-over-year to $23.0 million; the TTM figure through Mar 2026 stood at $88.2 million (up 0.84% YoY), while the FY2025 annual figure was $88.1 million, changed 0.1% from the prior year.
- Operating Expenses was $23.0 million for Q1 2026 at TELA Bio, up from $20.4 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $23.9 million in Q4 2023 to a low of $14.8 million in Q1 2022.
- Historically, Operating Expenses has averaged $20.6 million across 5 years, with a median of $20.6 million in 2023.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses soared 42.19% in 2022, then retreated 18.1% in 2024.
- A 5-year view of Operating Expenses shows it stood at $17.6 million in 2022, then soared by 35.69% to $23.9 million in 2023, then declined by 18.1% to $19.6 million in 2024, then climbed by 4.23% to $20.4 million in 2025, then gained by 12.95% to $23.0 million in 2026.
- The last three Operating Expenses figures came in at $23.0 million (Q1 2026), $20.4 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 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 9.82 Bn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 2.87 Bn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 3.76 Bn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 2.51 Bn |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 822.60 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -668.50 Mn |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 495.00 Mn |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 1.46 Bn |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 380.30 Mn |
| 10 | TELA Bio | 48.23 Mn | 8.69 Mn | 12.52 Mn | 23.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.05 Mn |
| Dec 31, 2025 | 20.40 Mn |
| Sep 30, 2025 | 21.52 Mn |
| Jun 30, 2025 | 23.19 Mn |
| Mar 31, 2025 | 22.98 Mn |
| Dec 31, 2024 | 19.58 Mn |
| Sep 30, 2024 | 22.22 Mn |
| Jun 30, 2024 | 22.64 Mn |
| Mar 31, 2024 | 23.74 Mn |
| Dec 31, 2023 | 23.90 Mn |
| Sep 30, 2023 | 20.57 Mn |
| Jun 30, 2023 | 20.56 Mn |
| Mar 31, 2023 | 19.15 Mn |
| Dec 31, 2022 | 17.62 Mn |
| Sep 30, 2022 | 16.81 Mn |
| Jun 30, 2022 | 16.79 Mn |
| Mar 31, 2022 | 14.84 Mn |
| Dec 31, 2021 | 13.31 Mn |
| Sep 30, 2021 | 11.82 Mn |
| Jun 30, 2021 | 12.40 Mn |