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