Treace Medical Concepts (TMCI) Operating Expenses (2020 - 2026)
Treace Medical Concepts' Operating Expenses came in at $50.57 million for Q2 2026, down 7.6% from $54.73 million a year earlier and down 7.3% from the prior quarter.
Powered by 
Analysis
Treace Medical Concepts (TMCI) Operating Expenses (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Treace Medical Concepts reported Operating Expenses of $216.84 million, down 1.1% year-over-year; for FY2025, it came in at $223.91 million, unchanged from FY2024.
- Operating Expenses carries a five-year compound annual growth rate of 38.4% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $223.95 million in FY2024 (+10.1%), $203.37 million in FY2023 (+34.5%), $151.15 million in FY2022 (+60.7%) and $94.04 million in FY2021 (+113.5%).
- The Q2 2026 figure represents the lowest quarterly Operating Expenses since Q2 2023.
- Year-over-year, Operating Expenses increased in three of the last eight quarters, with an average decline of 1.7%.
- The fastest year-over-year change in Operating Expenses over five years came in Q4 2021 (growth of 118.8%), and the weakest in Q2 2026 (a decline of 7.6%).
- Business Quant data shows TMCI's Operating Expenses at $54.57 million (Q1 2026), $56.32 million (Q4 2025) and $55.38 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 9.91 Bn |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 10.90 Bn |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 2.48 Bn |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 988.50 Mn |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 4.06 Bn |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 2.84 Bn |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 2.67 Bn |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 840.10 Mn |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 4.32 Bn |
| 10 | Treace Medical Concepts | 300.46 Mn | 97.20 Mn | 35.61 Mn | 50.57 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 50.57 Mn |
| Mar 31, 2026 | 54.57 Mn |
| Dec 31, 2025 | 56.32 Mn |
| Sep 30, 2025 | 55.38 Mn |
| Jun 30, 2025 | 54.73 Mn |
| Mar 31, 2025 | 57.48 Mn |
| Dec 31, 2024 | 55.68 Mn |
| Sep 30, 2024 | 51.27 Mn |
| Jun 30, 2024 | 57.06 Mn |
| Mar 31, 2024 | 59.95 Mn |
| Dec 31, 2023 | 57.53 Mn |
| Sep 30, 2023 | 50.58 Mn |
| Jun 30, 2023 | 47.33 Mn |
| Mar 31, 2023 | 47.93 Mn |
| Dec 31, 2022 | 44.25 Mn |
| Sep 30, 2022 | 38.28 Mn |
| Jun 30, 2022 | 36.61 Mn |
| Mar 31, 2022 | 32.01 Mn |
| Dec 31, 2021 | 33.67 Mn |
| Sep 30, 2021 | 22.83 Mn |
API Access
Treace Medical Concepts Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=TMCI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "TMCI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=TMCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();