Growth Metrics

Xwell (XWEL) Operating Expenses (2016 - 2025)

Xwell's Operating Expenses history spans 16 years, with the latest figure at $2.3 million for Q3 2025.

  • For Q3 2025, Operating Expenses fell 66.84% year-over-year to $2.3 million; the TTM value through Sep 2025 reached $20.0 million, down 12.38%, while the annual FY2024 figure was $25.6 million, 19.63% down from the prior year.
  • Operating Expenses for Q3 2025 was $2.3 million at Xwell, down from $4.5 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $19.7 million in Q3 2021 and bottomed at -$14.2 million in Q4 2021.
  • The 5-year median for Operating Expenses is $6.8 million (2024), against an average of $7.3 million.
  • The largest annual shift saw Operating Expenses plummeted 179.9% in 2021 before it surged 196.49% in 2022.
  • A 5-year view of Operating Expenses shows it 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 plummeted by 74.26% to $2.3 million in 2025.
  • Per Business Quant, the three most recent readings for XWEL's Operating Expenses are $2.3 million (Q3 2025), $4.5 million (Q2 2025), and $4.5 million (Q1 2025).