Trinity Biotech (TRIB) Operating Expenses (2009 - 2024)

Trinity Biotech (TRIB) posted quarterly Operating Expenses of -$10.8 million for Q4 2024, down 29.24% year-on-year from -$15.2 million in Q1 2024, and down 43.3% on a QoQ basis from -$7.5 million in Q3 2024.

Trinity Biotech (TRIB) Operating Expenses (2009 - 2024) Analysis & Trends

Trinity Biotech (TRIB) has reported Operating Expenses for 16 consecutive years, with -$10.8 million the latest figure, recorded in Q4 2024.

  • Quarterly Operating Expenses fell 29.24% year-over-year to -$10.8 million in Q4 2024, while the trailing twelve-month figure through Dec 2025 was -$18.3 million (up 47.32% YoY) and the FY2025 annual result came in at $28.3 million, down 11.41% from the prior year.
  • Operating Expenses retreated to -$10.8 million in Q4 2024 per TRIB's latest filing, from -$7.5 million in the prior quarter.
  • Over the last five years, Operating Expenses for TRIB reached as high as -$6.2 million in Q2 2020 and fell as low as -$20.0 million in Q2 2023.
  • A 5-year average of -$9.2 million and a median of -$8.0 million in 2020 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2023 — Operating Expenses plunged 168.47% — and 2024, when it jumped 60.61%.
  • Year by year, Operating Expenses stood at -$8.2 million in 2020, then rose by 9.29% to -$7.4 million in 2021, then plunged by 87.52% to -$13.9 million in 2022, then soared by 39.84% to -$8.3 million in 2023, then dropped by 29.24% to -$10.8 million in 2024.
  • According to Business Quant data, Operating Expenses over the past three periods registered -$10.8 million, -$7.5 million, and -$7.9 million for Q4 2024, Q3 2024, and Q2 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 9.82 Bn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 2.87 Bn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 3.59 Bn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 2.51 Bn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 785.50 Mn
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 495.00 Mn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -668.50 Mn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 1.46 Bn
9 Smith & Nephew 25.80 Bn 25.22 Bn - -47.00 Mn
10 Trinity Biotech 93,750.00 -5.04 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2024 -10.79 Mn
Sep 30, 2024 -7.53 Mn
Jun 30, 2024 -7.86 Mn
Mar 31, 2024 -8.59 Mn
Dec 31, 2023 -8.35 Mn
Sep 30, 2023 -8.85 Mn
Jun 30, 2023 -19.95 Mn
Mar 31, 2023 -9.49 Mn
Dec 31, 2022 -13.87 Mn
Sep 30, 2022 -8.46 Mn
Jun 30, 2022 -7.43 Mn
Mar 31, 2022 -7.20 Mn
Dec 31, 2021 -7.40 Mn
Sep 30, 2021 -7.18 Mn
Jun 30, 2021 -13.72 Mn
Mar 31, 2021 -7.46 Mn
Dec 31, 2020 -8.16 Mn
Sep 30, 2020 -7.54 Mn
Jun 30, 2020 -6.16 Mn
Mar 31, 2020 -7.46 Mn