Growth Metrics

Treace Medical Concepts (TMCI) Operating Expenses (2020 - 2026)

Treace Medical Concepts posted quarterly Operating Expenses of $54.6 million for Q1 2026, down 5.05% year-on-year from $57.5 million in Q1 2025, and down 3.11% on a QoQ basis from $56.3 million in Q4 2025.

Treace Medical Concepts (TMCI) has 7 years of Operating Expenses data on file, last reported at $54.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 5.05% year-over-year to $54.6 million; the trailing twelve-month figure through Mar 2026 stood at $221.0 million (changed 0.21% YoY), and the FY2025 full-year result was $223.9 million, changed 0.02% from the prior year.
  • Operating Expenses for Q1 2026 stood at $54.6 million, down from $56.3 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $59.9 million in Q1 2024 and bottomed at $32.0 million in Q1 2022.
  • The 5-year median for Operating Expenses is $54.6 million (2026), against an average of $50.4 million.
  • The widest annual swing landed in 2022, when Operating Expenses surged 90.76%; it then dropped 5.05% in 2026.
  • A 5-year view of Operating Expenses shows it stood at $44.2 million in 2022, then soared by 30.01% to $57.5 million in 2023, then dropped by 3.21% to $55.7 million in 2024, then grew by 1.15% to $56.3 million in 2025, then dropped by 3.11% to $54.6 million in 2026.
  • The last three Operating Expenses figures came in at $54.6 million (Q1 2026), $56.3 million (Q4 2025), and $55.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Abbott Laboratories 152.82 Bn 146.17 Bn 6.27 Bn 9.82 Bn
2 Stryker 115.07 Bn 112.19 Bn 3.81 Bn 2.87 Bn
3 Medtronic 95.25 Bn 87.08 Bn 5.76 Bn 3.76 Bn
4 Boston Scientific 71.38 Bn 70.17 Bn 3.61 Bn 2.51 Bn
5 Edwards Lifesciences 51.08 Bn 47.41 Bn 1.29 Bn 822.60 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -668.50 Mn
7 Dexcom 28.84 Bn 27.72 Bn 750.30 Mn 495.00 Mn
8 GE HealthCare Technologies 28.56 Bn 26.49 Bn 1.98 Bn 1.46 Bn
9 Steris 20.71 Bn 20.30 Bn 697.10 Mn 380.30 Mn
10 Treace Medical Concepts 234.79 Mn 182.94 Mn 37.41 Mn 54.57 Mn

Historic Data

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DateValue
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
Jun 30, 2021 20.76 Mn
Mar 31, 2021 16.78 Mn
Dec 31, 2020 15.39 Mn
Sep 30, 2020 11.42 Mn
Jun 30, 2020 7.17 Mn
Mar 31, 2020 10.07 Mn