Wellgistics Health (WGRX) Operating Expenses (2024 - 2026)

Wellgistics Health (WGRX) reported Operating Expenses of $6.2 million for Q1 2026, down 80.69% on a YoY basis from $32.0 million in Q1 2025, and down 64.65% quarter-over-quarter from $17.5 million in Q4 2025.

Wellgistics Health (WGRX) Operating Expenses (2024 - 2026) Analysis & Trends

Wellgistics Health has reported Operating Expenses for 3 years, with the latest figure at $6.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 80.69% year-over-year to $6.2 million; the trailing twelve-month figure through Mar 2026 stood at $61.5 million (up 54.16% YoY), and the FY2025 full-year result was $87.3 million, up 1003.61% from the prior year.
  • Operating Expenses for Q1 2026 stood at $6.2 million, down from $17.5 million in the prior quarter.
  • The five-year high for Operating Expenses was $32.0 million in Q1 2025, with the low at $79764.0 in Q1 2024.
  • Historically, Operating Expenses has averaged $11.3 million across 3 years, with a median of $6.0 million in 2025.
  • Annual changes were most pronounced in 2025 — Operating Expenses surged 40069.76% — and 2026, when it slumped 80.69%.
  • Wellgistics Health's Operating Expenses stood at $5.0 million in 2024, then soared by 250.19% to $17.5 million in 2025, then tumbled by 64.65% to $6.2 million in 2026.
  • The last three Operating Expenses figures came in at $6.2 million (Q1 2026), $17.5 million (Q4 2025), and $31.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 High Tide 555.81 Mn 528.90 Mn 32.00 Mn -30.29 Mn
2 Wellgistics Health 412.73 Mn 412.68 Mn 170,221.00 6.19 Mn
3 Petmed Express 35.50 Mn 8.59 Mn 9.46 Mn 19.93 Mn
4 Scienture Holdings 14.21 Mn 14.21 Mn 53,850.00 3.56 Mn
5 Ridgetech 12.80 -4.11 Mn - -
6 Scientist Home Future Health - - 32,589.00 185,315.00
7 BioScience Health Innovations - - 485,596.00 715,503.00
8 Rest Ez - - - -
9 Polomar Health Services - - 550,489.00 557,391.00

Historic Data

Download Data
DateValue
Mar 31, 2026 6.19 Mn
Dec 31, 2025 17.50 Mn
Sep 30, 2025 31.78 Mn
Jun 30, 2025 6.01 Mn
Mar 31, 2025 32.04 Mn
Dec 31, 2024 5.00 Mn
Sep 30, 2024 2.27 Mn
Jun 30, 2024 570,408.00
Mar 31, 2024 79,764.00