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| Date | Value |
|---|---|
| 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 |