TELA Bio (TELA) Operating Expenses (2018 - 2026)
TELA Bio (TELA) posted Operating Expenses of $23.2 million for Q2 2026, up 0.78% on a QoQ basis from $23.0 million in Q1 2026, and little changed year-over-year from $23.2 million in Q2 2025.
Analysis
TELA Bio (TELA) Operating Expenses (2018 - 2026) Analysis & Trends
TELA Bio has reported Operating Expenses for 9 years, with the latest figure at $23.2 million in Q2 2026.
- On a quarterly basis, Operating Expenses changed 0.17% year-over-year to $23.2 million in Q2 2026; TTM through Jun 2026 was $88.2 million, a 0.26% change from a year earlier, with the FY2025 full-year figure at $88.1 million, changed 0.1% from the prior year.
- Operating Expenses was $23.2 million for Q2 2026 at TELA Bio, up from $23.0 million in the prior quarter.
- The five-year high for Operating Expenses was $23.9 million in Q4 2023, with the low at $14.8 million in Q1 2022.
- Average Operating Expenses over 5 years is $20.7 million, with a median of $21.0 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses jumped 42.19% in 2022, then decreased 18.1% in 2024.
- Over 5 years, Operating Expenses stood at $17.6 million in 2022, then jumped by 35.69% to $23.9 million in 2023, then fell by 18.1% to $19.6 million in 2024, then grew by 4.23% to $20.4 million in 2025, then advanced by 13.84% to $23.2 million in 2026.
- The last three Operating Expenses figures came in at $23.2 million (Q2 2026), $23.0 million (Q1 2026), and $20.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 180.74 Bn | 175.14 Bn | 7.27 Bn | 10.90 Bn |
| 2 | Intuitive Surgical | 127.56 Bn | 122.34 Bn | 1.96 Bn | 988.50 Mn |
| 3 | Medtronic | 116.90 Bn | 108.08 Bn | 6.34 Bn | 3.97 Bn |
| 4 | Stryker | 103.85 Bn | 100.37 Bn | 4.50 Bn | 2.84 Bn |
| 5 | Boston Scientific | 63.70 Bn | 63.16 Bn | 3.85 Bn | 2.67 Bn |
| 6 | Edwards Lifesciences | 49.88 Bn | 45.63 Bn | 1.35 Bn | 846.40 Mn |
| 7 | Alcon | 33.04 Bn | 31.59 Bn | 1.68 Bn | -1.63 Bn |
| 8 | Dexcom | 32.18 Bn | 30.23 Bn | 830.00 Mn | 511.70 Mn |
| 9 | Steris | 20.65 Bn | 20.17 Bn | 684.20 Mn | 398.30 Mn |
| 10 | TELA Bio | 48.87 Mn | 18.44 Mn | 13.94 Mn | 23.23 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.23 Mn |
| 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 |