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Growth Metrics

Xwell (XWEL) Operating Expenses (2016 - 2025)

Xwell's Operating Expenses history spans 16 years, with the latest figure at $12.0 million for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 36.19% to $12.0 million in Q4 2025 year-over-year; TTM through Dec 2025 was $23.2 million, a 9.58% decrease, with the full-year FY2025 number at $23.2 million, down 9.56% from a year prior.
  • Operating Expenses hit $12.0 million in Q4 2025 for Xwell, up from $2.3 million in the prior quarter.
  • Over the last five years, Operating Expenses for XWEL hit a ceiling of $19.7 million in Q3 2021 and a floor of -$14.2 million in Q4 2021.
  • Historically, Operating Expenses has averaged $7.6 million across 5 years, with a median of $7.8 million in 2024.
  • Biggest five-year swings in Operating Expenses: tumbled 179.9% in 2021 and later soared 196.49% in 2022.
  • Tracing XWEL's Operating Expenses over 5 years: stood at -$14.2 million in 2021, then soared by 196.49% to $13.7 million in 2022, then crashed by 56.33% to $6.0 million in 2023, then soared by 46.9% to $8.8 million in 2024, then soared by 36.19% to $12.0 million in 2025.
  • Business Quant data shows Operating Expenses for XWEL at $12.0 million in Q4 2025, $2.3 million in Q3 2025, and $4.5 million in Q2 2025.