Xwell (XWEL) Operating Expenses (2010 - 2026)
Xwell (XWEL) posted Operating Expenses of $7.8 million for Q1 2026, down 35.11% sequentially from $12.0 million in Q4 2025, and up 73.49% YoY from $4.5 million in Q1 2025.
Xwell (XWEL) Operating Expenses (2010 - 2026) Analysis & Trends
Xwell has reported Operating Expenses for 17 years, with the latest figure at $7.8 million in Q1 2026.
- Quarterly Operating Expenses rose 73.49% year-over-year to $7.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $26.5 million (up 5.61% YoY) and the FY2025 annual result came in at $23.2 million, down 9.56% from the prior year.
- Operating Expenses declined to $7.8 million in Q1 2026 per XWEL's latest filing, from $12.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $13.7 million in Q4 2022 and troughed at $2.3 million in Q3 2025.
- A 5-year average of $7.7 million and a median of $6.8 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses soared 196.49% in 2022, then slumped 66.83% in 2025.
- Over 5 years, Operating Expenses stood at $13.7 million in 2022, then plunged by 56.33% to $6.0 million in 2023, then jumped by 46.9% to $8.8 million in 2024, then jumped by 36.19% to $12.0 million in 2025, then tumbled by 35.11% to $7.8 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $7.8 million, $12.0 million, and $2.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 234.15 Bn | 230.09 Bn | 8.34 Bn | 9.91 Bn |
| 2 | Danaher | 152.10 Bn | 147.75 Bn | 3.61 Bn | 2.48 Bn |
| 3 | Natera | 48.48 Bn | 47.38 Bn | 486.15 Mn | 828.54 Mn |
| 4 | Agilent Technologies | 44.35 Bn | 42.55 Bn | 990.00 Mn | 1.44 Bn |
| 5 | Iqvia Holdings | 43.68 Bn | 41.60 Bn | 1.44 Bn | 637.00 Mn |
| 6 | Idexx Laboratories | 43.02 Bn | 42.83 Bn | 779.09 Mn | 353.52 Mn |
| 7 | Illumina | 34.39 Bn | 33.22 Bn | 770.00 Mn | 525.00 Mn |
| 8 | Mettler Toledo International | 28.29 Bn | 28.24 Bn | 650.22 Mn | 321.77 Mn |
| 9 | Labcorp Holdings | 27.51 Bn | 27.37 Bn | 1.11 Bn | 582.30 Mn |
| 10 | Xwell | 8.44 Mn | -3.33 Mn | 2.95 Mn | 5.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.05 Mn |
| Mar 31, 2026 | 7.77 Mn |
| Dec 31, 2025 | 11.97 Mn |
| Sep 30, 2025 | 2.26 Mn |
| Jun 30, 2025 | 4.47 Mn |
| Mar 31, 2025 | 4.48 Mn |
| Dec 31, 2024 | 8.79 Mn |
| Sep 30, 2024 | 6.82 Mn |
| Jun 30, 2024 | 4.97 Mn |
| Mar 31, 2024 | 5.05 Mn |
| Dec 31, 2023 | 5.98 Mn |
| Sep 30, 2023 | 13.18 Mn |
| Jun 30, 2023 | 5.91 Mn |
| Mar 31, 2023 | 6.81 Mn |
| Dec 31, 2022 | 13.70 Mn |
| Sep 30, 2022 | 9.05 Mn |
| Jun 30, 2022 | 9.01 Mn |
| Mar 31, 2022 | 11.45 Mn |
| Dec 31, 2021 | -14.20 Mn |
| Sep 30, 2021 | 19.71 Mn |