Modular Medical annual operating expenses
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Modular Medical Operating Expenses Growth & History (MODD)
Modular Medical's operating expenses was $27.6M for fiscal 2026.
View full Modular Medical company overviewModular Medical annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-03-31 | $27.6M | $8.5M | +44.69% |
| 2025 | 2025-03-31 | $19.0M | $1.5M | +8.67% |
| 2024 | 2024-03-31 | $17.5M | $3.7M | +26.31% |
| 2023 | 2023-03-31 | $13.9M | −$1.0M | −7.02% |
| 2022 | 2022-03-31 | $14.9M | $7.6M | +103.45% |
| 2021 | 2021-03-31 | $7.3M | $2.0M | +37.19% |
| 2020 | 2020-03-31 | $5.3M | $2.8M | +107.50% |
| 2019 | 2019-03-31 | $2.6M | $1.9M | +286.89% |
| 2018 | 2018-03-31 | $666,164 | $636,746 | +2164.48% |
| 2017 · Mar 31 | 2017-03-31 | $29,418 | — | — |
| 2016 | 2016-06-30 | $13,163 | −$2,952 | −18.32% |
| 2015 | 2015-06-30 | $16,115 | $5,343 | +49.60% |
| 2014 | 2014-06-30 | $10,772 | −$148 | −1.36% |
| 2013 | 2013-06-30 | $10,920 | $1,407 | +14.79% |
| 2012 | 2012-06-30 | $9,513 | $339 | +3.70% |
| 2011 | 2011-06-30 | $9,174 | — | — |
Modular Medical quarterly operating expenses
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Q1.27
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-06-30 | $6.5M | −$266,000 | −3.91% |
| Q4 2026 | 2026-03-31 | $5.7M | $705,000 | +14.16% |
| Q3 2026 | 2025-12-31 | $7.2M | $2.4M | +49.24% |
| Q2 2026 | 2025-09-30 | $7.8M | $2.8M | +56.71% |
| Q1 2026 | 2025-06-30 | $6.8M | $2.6M | +61.23% |
| Q4 2025 | 2025-03-31 | $5.0M | $659,000 | +15.26% |
| Q3 2025 | 2024-12-31 | $4.9M | −$415,000 | −7.88% |
| Q2 2025 | 2024-09-30 | $5.0M | $806,000 | +19.24% |
| Q1 2025 | 2024-06-30 | $4.2M | $469,000 | +12.50% |
| Q4 2024 | 2024-03-31 | $4.3M | $747,000 | +20.91% |
| Q3 2024 | 2023-12-31 | $5.3M | $1.9M | +56.91% |
| Q2 2024 | 2023-09-30 | $4.2M | $741,000 | +21.48% |
| Q1 2024 | 2023-06-30 | $3.8M | $252,000 | +7.20% |
| Q4 2023 | 2023-03-31 | $3.6M | −$455,339 | −11.31% |
| Q3 2023 | 2022-12-31 | $3.4M | −$473,064 | −12.35% |
| Q2 2023 | 2022-09-30 | $3.4M | −$245,412 | −6.64% |
| Q1 2023 | 2022-06-30 | $3.5M | $125,413 | +3.72% |
| Q4 2022 | 2022-03-31 | $4.0M | $2.3M | +132.42% |
| Q3 2022 | 2021-12-31 | $3.8M | $2.0M | +104.81% |
| Q2 2022 | 2021-09-30 | $3.7M | $1.8M | +98.71% |
| Q1 2022 | 2021-06-30 | $3.4M | $1.5M | +80.00% |
| Q4 2021 | 2021-03-31 | $1.7M | — | — |
| Q3 2021 | 2020-12-31 | $1.9M | — | — |
| Q2 2021 | 2020-09-30 | $1.9M | $701,837 | +60.64% |
| Q1 2021 | 2020-06-30 | $1.9M | $735,972 | +64.66% |
| Q3 2020 · Dec 31 | 2019-12-31 | $1.1M | $385,288 | +51.33% |
| Q3 2020 · Dec 30 | 2019-12-30 | $1.1M | $385,288 | +51.33% |
| Q2 2020 | 2019-09-30 | $1.2M | $608,343 | +110.81% |
| Q1 2020 | 2019-06-30 | $1.1M | $883,050 | +346.04% |
| Q4 2019 | 2019-03-31 | $1.0M | $830,715 | +433.03% |
| Q3 2019 | 2018-12-31 | $750,560 | $489,700 | +187.73% |
| Q2 2019 | 2018-09-30 | $548,998 | $373,012 | +211.96% |
| Q1 2019 | 2018-06-30 | $255,190 | $217,708 | +580.83% |
| Q4 2018 | 2018-03-31 | $191,836 | $189,644 | +8651.64% |
| Q2 2018 | 2017-12-31 | $260,860 | $255,048 | +4388.30% |
| Q1 2018 | 2017-09-30 | $175,986 | $174,276 | +10191.58% |
| Q4 2017 · Jun 30 | 2017-06-30 | $37,482 | $35,729 | +2038.16% |
| Q4 2017 · Mar 31 | 2017-03-31 | $2,192 | $50 | +2.33% |
| Q2 2017 | 2016-12-31 | $5,812 | $3,395 | +140.46% |
| Q1 2017 | 2016-09-30 | $1,710 | −$5,141 | −75.04% |
| Q4 2016 | 2016-06-30 | $1,753 | −$1,864 | −51.53% |
| Q3 2016 | 2016-03-31 | $2,142 | −$1,975 | −47.97% |
| Q2 2016 | 2015-12-31 | $2,417 | −$1,440 | −37.33% |
| Q1 2016 | 2015-09-30 | $6,851 | $2,327 | +51.44% |
| Q4 2015 | 2015-06-30 | $3,617 | $1,875 | +107.63% |
| Q3 2015 | 2015-03-31 | $4,117 | $1,967 | +91.49% |
| Q2 2015 | 2014-12-31 | $3,857 | $1,382 | +55.84% |
| Q1 2015 | 2014-09-30 | $4,524 | $119 | +2.70% |
| Q4 2014 | 2014-06-30 | $1,742 | −$308 | −15.02% |
| Q3 2014 | 2014-03-31 | $2,150 | $100 | +4.88% |
| Q2 2014 | 2013-12-31 | $2,475 | $360 | +17.02% |
| Q1 2014 | 2013-09-30 | $4,405 | −$300 | −6.38% |
| Q4 2013 | 2013-06-30 | $2,050 | $700 | +51.85% |
| Q3 2013 | 2013-03-31 | $2,050 | $62 | +3.12% |
| Q2 2013 | 2012-12-31 | $2,115 | $236 | +12.56% |
| Q1 2013 | 2012-09-30 | $4,705 | $409 | +9.52% |
| Q4 2012 | 2012-06-30 | $1,350 | −$697 | −34.05% |
| Q3 2012 | 2012-03-31 | $1,988 | $288 | +16.94% |
| Q2 2012 | 2011-12-31 | $1,879 | $369 | +24.44% |
| Q1 2012 | 2011-09-30 | $4,296 | $379 | +9.68% |
| Q4 2011 | 2011-06-30 | $2,047 | — | — |
| Q3 2011 | 2011-03-31 | $1,700 | — | — |
| Q2 2011 | 2010-12-31 | $1,510 | — | — |
| Q1 2011 | 2010-09-30 | $3,917 | — | — |
Modular Medical operating expenses trends
Over the last five fiscal years, Modular Medical's operating expenses increased from $7.3M to $27.6M, a change of $20.2M. The latest reported quarter, Q1 2027, shows $6.5M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Modular Medical source filings ↗