Xwell (XWEL) Operating Expenses (2010 - 2026)
Xwell's (XWEL) quarterly Operating Expenses came in at $5.1 million in Q2 2026, up 13.1% year-over-year from $4.5 million in Q2 2025, and down 34.96% quarter-over-quarter from $7.8 million in Q1 2026.
Analysis
Xwell (XWEL) Operating Expenses (2010 - 2026) Analysis & Trends
Xwell has disclosed Operating Expenses across 17 years of filings, most recently posting $5.1 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 13.1% year-over-year to $5.1 million; the TTM figure through Jun 2026 stood at $27.1 million (up 10.17% YoY), while the FY2025 annual figure was $23.2 million, down 9.56% from the prior year.
- Operating Expenses came in at $5.1 million for Q2 2026 at Xwell, down from $7.8 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.
- Average Operating Expenses over 5 years is $7.6 million, with a median of $6.8 million recorded in 2023.
- Year-over-year, Operating Expenses surged 196.49% in 2022 and sank 66.83% in 2025.
- Over 5 years, Operating Expenses stood at $13.7 million in 2022, then slumped 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 sank by 57.79% to $5.1 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $5.1 million in Q2 2026, $7.8 million in Q1 2026, and $12.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Valvoline | 3.41 Bn | 3.33 Bn | 214.90 Mn | 103.10 Mn |
| 2 | Onespaworld Holdings | 2.22 Bn | 2.18 Bn | 84.35 Mn | 236.74 Mn |
| 3 | Driven Brands Holdings | 2.03 Bn | 1.84 Bn | - | 434.37 Mn |
| 4 | Boyd Group Services | 1.83 Bn | 1.81 Bn | 480.03 Mn | 344.10 Mn |
| 5 | Charming Medical | 445.47 Mn | 439.45 Mn | - | - |
| 6 | Ww International | 160.94 Mn | -5.63 Mn | -27.69 Mn | 14.21 Mn |
| 7 | Regis | 66.74 Mn | 66.74 Mn | - | 46.69 Mn |
| 8 | Vanguard Green Investment | 33.28 Mn | 33.28 Mn | - | 18,021.00 |
| 9 | SUPA Consolidated | 14.54 Mn | 14.53 Mn | - | 161,815.00 |
| 10 | Xwell | 7.62 Mn | 5.95 Mn | 2.95 Mn | 5.05 Mn |
Historic Data
Download Data
Historic 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 |