Xwell (XWEL) Operating Expenses (2010 - 2026)

Xwell has disclosed Operating Expenses across 17 years of filings, most recently posting $7.8 million for Q1 2026.

• Operating Expenses for Q1 2026 came in at $7.8 million, up 73.49% year-over-year; the trailing twelve-month figure through Mar 2026 was $26.5 million (up 5.61% YoY), and the FY2025 annual result was $23.2 million, down 9.56% from the prior year.
• Operating Expenses came in at $7.8 million for Q1 2026 at Xwell, down from $12.0 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $13.7 million in Q4 2022 to a low of $2.3 million in Q3 2025.
• The 5-year median for Operating Expenses is $6.8 million (2024), against an average of $7.7 million.
• Across the five-year window, Operating Expenses jumped 196.49% in 2022 and slumped 66.83% in 2025, its largest moves.
• Xwell's Operating Expenses stood at $13.7 million in 2022, then plunged by 56.33% to $6.0 million in 2023, then surged by 46.9% to $8.8 million in 2024, then surged by 36.19% to $12.0 million in 2025, then tumbled by 35.11% to $7.8 million in 2026.
• The last three Operating Expenses figures came in at $7.8 million (Q1 2026), $12.0 million (Q4 2025), and $2.3 million (Q3 2025), per Business Quant data.