Nuwellis Operating Expenses Growth & History (NUWE)
Nuwellis's operating expenses was $16.2M for fiscal 2025.
View full Nuwellis company overviewNuwellis annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $16.2M | −$434,000 | −2.60% |
| 2024 | 2024-12-31 | $16.7M | −$5.9M | −26.31% |
| 2023 | 2023-12-31 | $22.6M | $687,000 | +3.13% |
| 2022 | 2022-12-31 | $21.9M | −$2.1M | −8.71% |
| 2021 | 2021-12-31 | $24.0M | −$452,000 | −1.85% |
| 2020 | 2020-12-31 | $24.5M | $852,000 | +3.61% |
| 2019 | 2019-12-31 | $23.6M | $1.6M | +7.18% |
| 2018 | 2018-12-31 | $22.0M | $3.7M | +19.98% |
| 2017 | 2017-12-31 | $18.4M | $1.4M | +8.34% |
| 2016 | 2016-12-31 | $17.0M | −$9.1M | −34.85% |
| 2015 | 2015-12-31 | $26.0M | −$65,000 | −0.25% |
| 2014 | 2014-12-31 | $26.1M | $3.2M | +13.75% |
| 2013 | 2013-12-31 | $22.9M | $8.1M | +54.21% |
| 2012 | 2012-12-31 | $14.9M | −$1.7M | −10.22% |
| 2011 | 2011-12-31 | $16.6M | — | — |
Nuwellis quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $4.7M | $803,000 | +20.78% |
| Q1 2026 | 2026-03-31 | $6.3M | $2.1M | +51.49% |
| Q4 2025 | 2025-12-31 | $4.1M | $355,000 | +9.49% |
| Q3 2025 | 2025-09-30 | $4.1M | $954,000 | +29.92% |
| Q2 2025 | 2025-06-30 | $3.9M | $70,000 | +1.85% |
| Q1 2025 | 2025-03-31 | $4.1M | −$1.8M | −30.52% |
| Q4 2024 | 2024-12-31 | $3.7M | −$1.2M | −24.87% |
| Q3 2024 | 2024-09-30 | $3.2M | −$1.4M | −29.86% |
| Q2 2024 | 2024-06-30 | $3.8M | −$2.4M | −38.50% |
| Q1 2024 | 2024-03-31 | $5.9M | −$978,000 | −14.14% |
| Q4 2023 | 2023-12-31 | $5.0M | −$884,000 | −15.07% |
| Q3 2023 | 2023-09-30 | $4.5M | −$634,000 | −12.24% |
| Q2 2023 | 2023-06-30 | $6.2M | $805,000 | +15.01% |
| Q1 2023 | 2023-03-31 | $6.9M | $1.4M | +25.37% |
| Q4 2022 | 2022-12-31 | $5.9M | $640,000 | +12.25% |
| Q3 2022 | 2022-09-30 | $5.2M | −$1.2M | −18.71% |
| Q2 2022 | 2022-06-30 | $5.4M | −$873,000 | −14.00% |
| Q1 2022 | 2022-03-31 | $5.5M | −$666,000 | −10.77% |
| Q4 2021 | 2021-12-31 | $5.2M | −$1.1M | −17.43% |
| Q3 2021 | 2021-09-30 | $6.4M | $210,000 | +3.41% |
| Q2 2021 | 2021-06-30 | $6.2M | $454,000 | +7.85% |
| Q1 2021 | 2021-03-31 | $6.2M | −$13,000 | −0.21% |
| Q4 2020 | 2020-12-31 | $6.3M | $515,000 | +8.86% |
| Q3 2020 | 2020-09-30 | $6.2M | $402,000 | +6.98% |
| Q2 2020 | 2020-06-30 | $5.8M | −$322,000 | −5.27% |
| Q1 2020 | 2020-03-31 | $6.2M | $257,000 | +4.33% |
| Q4 2019 | 2019-12-31 | $5.8M | $61,000 | +1.06% |
| Q3 2019 | 2019-09-30 | $5.8M | $146,000 | +2.60% |
| Q2 2019 | 2019-06-30 | $6.1M | $827,000 | +15.67% |
| Q1 2019 | 2019-03-31 | $5.9M | $549,000 | +10.18% |
| Q4 2018 | 2018-12-31 | $5.8M | −$2.2M | −27.86% |
| Q3 2018 | 2018-09-30 | $5.6M | $1.8M | +46.94% |
| Q2 2018 | 2018-06-30 | $5.3M | $1.9M | +56.94% |
| Q1 2018 | 2018-03-31 | $5.4M | $2.2M | +68.00% |
| Q4 2017 | 2017-12-31 | $8.0M | $4.2M | +109.32% |
| Q3 2017 | 2017-09-30 | $3.8M | −$785,000 | −17.05% |
| Q2 2017 | 2017-06-30 | $3.4M | −$619,000 | −15.54% |
| Q1 2017 | 2017-03-31 | $3.2M | −$1.3M | −29.55% |
| Q4 2016 | 2016-12-31 | $3.8M | −$2.5M | −40.05% |
| Q3 2016 | 2016-09-30 | $4.6M | −$1.7M | −26.59% |
| Q2 2016 | 2016-06-30 | $4.0M | −$2.4M | −37.18% |
| Q1 2016 | 2016-03-31 | $4.6M | −$2.5M | −35.40% |
| Q4 2015 | 2015-12-31 | $6.4M | −$479,000 | −7.01% |
| Q3 2015 | 2015-09-30 | $6.3M | $104,000 | +1.69% |
| Q2 2015 | 2015-06-30 | $6.3M | −$317,000 | −4.76% |
| Q1 2015 | 2015-03-31 | $7.1M | $627,000 | +9.76% |
| Q4 2014 | 2014-12-31 | $6.8M | −$162,000 | −2.32% |
| Q3 2014 | 2014-09-30 | $6.2M | −$64,000 | −1.03% |
| Q2 2014 | 2014-06-30 | $6.7M | $1.4M | +25.58% |
| Q1 2014 | 2014-03-31 | $6.4M | $2.0M | +45.93% |
| Q4 2013 | 2013-12-31 | $7.0M | $2.9M | +70.19% |
| Q3 2013 | 2013-09-30 | $6.2M | $2.9M | +89.05% |
| Q2 2013 | 2013-06-30 | $5.3M | $1.9M | +57.93% |
| Q1 2013 | 2013-03-31 | $4.4M | $296,000 | +7.21% |
| Q4 2012 | 2012-12-31 | $4.1M | −$1.3M | −23.51% |
| Q3 2012 | 2012-09-30 | $3.3M | −$1.4M | −29.90% |
| Q2 2012 | 2012-06-30 | $3.4M | −$196,000 | −5.52% |
| Q1 2012 | 2012-03-31 | $4.1M | $1.2M | +39.95% |
| Q4 2011 | 2011-12-31 | $5.4M | — | — |
| Q3 2011 | 2011-09-30 | $4.7M | — | — |
| Q2 2011 | 2011-06-30 | $3.6M | — | — |
| Q1 2011 | 2011-03-31 | $2.9M | — | — |
Nuwellis operating expenses trends
Over the last five fiscal years, Nuwellis's operating expenses decreased from $24.5M to $16.2M, a change of −$8.2M. The latest reported quarter, Q2 2026, shows $4.7M.
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.
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 Nuwellis source filings ↗