Xwell annual operating expenses
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2025
Xwell Operating Expenses Growth & History (XWEL)
Xwell's operating expenses was $23.2M for fiscal 2025.
View full Xwell company overviewXwell annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $23.2M | −$2.5M | −9.56% |
| 2024 | 2024-12-31 | $25.6M | −$6.3M | −19.63% |
| 2023 | 2023-12-31 | $31.9M | −$11.3M | −26.21% |
| 2022 | 2022-12-31 | $43.2M | −$26.4M | −37.93% |
| 2021 | 2021-12-31 | $69.6M | $21.1M | +43.58% |
| 2020 | 2020-12-31 | $48.5M | −$15.9M | −24.69% |
| 2019 | 2019-12-31 | $64.4M | — | — |
| 2016 | 2016-12-31 | $29.7M | −$3.3M | −10.10% |
| 2015 | 2015-12-31 | $33.0M | −$79.6M | −70.67% |
| 2014 | 2014-12-31 | $112.6M | $70.7M | +168.93% |
| 2013 | 2013-12-31 | $41.9M | $19.4M | +86.36% |
| 2012 | 2012-12-31 | $22.5M | $15.3M | +214.63% |
| 2011 | 2011-12-31 | $7.1M | $436,000 | +6.50% |
| 2010 | 2010-12-31 | $6.7M | — | — |
Xwell quarterly operating expenses
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Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $5.1M | $585,000 | +13.10% |
| Q1 2026 | 2026-03-31 | $7.8M | $3.3M | +73.49% |
| Q4 2025 | 2025-12-31 | $12.0M | $3.2M | +36.29% |
| Q3 2025 | 2025-09-30 | $2.3M | −$4.6M | −66.83% |
| Q2 2025 | 2025-06-30 | $4.5M | −$505,000 | −10.16% |
| Q1 2025 | 2025-03-31 | $4.5M | −$573,000 | −11.35% |
| Q4 2024 | 2024-12-31 | $8.8M | $2.8M | +46.78% |
| Q3 2024 | 2024-09-30 | $6.8M | −$6.4M | −48.24% |
| Q2 2024 | 2024-06-30 | $5.0M | −$942,000 | −15.93% |
| Q1 2024 | 2024-03-31 | $5.0M | −$1.8M | −25.84% |
| Q4 2023 | 2023-12-31 | $6.0M | −$7.7M | −56.33% |
| Q3 2023 | 2023-09-30 | $13.2M | −$5.2M | −28.33% |
| Q2 2023 | 2023-06-30 | $5.9M | −$15.4M | −72.32% |
| Q1 2023 | 2023-03-31 | $6.8M | −$19.7M | −74.30% |
| Q4 2022 | 2022-12-31 | $13.7M | −$13.5M | −49.60% |
| Q3 2022 | 2022-09-30 | $18.4M | −$1.3M | −6.70% |
| Q2 2022 | 2022-06-30 | $21.4M | $8.1M | +60.72% |
| Q1 2022 | 2022-03-31 | $26.5M | $17.1M | +180.92% |
| Q4 2021 | 2021-12-31 | $27.2M | $9.4M | +52.97% |
| Q3 2021 | 2021-09-30 | $19.7M | $10.3M | +109.15% |
| Q2 2021 | 2021-06-30 | $13.3M | $3.7M | +38.08% |
| Q1 2021 | 2021-03-31 | $9.4M | −$2.2M | −19.14% |
| Q4 2020 | 2020-12-31 | $17.8M | −$2.0M | −10.12% |
| Q3 2020 | 2020-09-30 | $9.4M | −$4.9M | −34.41% |
| Q2 2020 | 2020-06-30 | $9.6M | −$6.3M | −39.45% |
| Q1 2020 | 2020-03-31 | $11.7M | −$2.7M | −18.69% |
| Q4 2019 | 2019-12-31 | $19.8M | — | — |
| Q3 2019 | 2019-09-30 | $14.4M | — | — |
| Q2 2019 | 2019-06-30 | $15.9M | — | — |
| Q1 2019 | 2019-03-31 | $14.3M | $268,000 | +1.90% |
| Q1 2018 | 2018-03-31 | $14.1M | −$1.6M | −10.06% |
| Q1 2017 | 2017-03-31 | $15.7M | $10.0M | +177.04% |
| Q4 2016 | 2016-12-31 | $762,000 | −$7.1M | −90.31% |
| Q3 2016 | 2016-09-30 | $6.5M | −$3.2M | −33.29% |
| Q2 2016 | 2016-06-30 | $21.1M | $12.5M | +145.69% |
| Q1 2016 | 2016-03-31 | $5.7M | −$1.3M | −18.15% |
| Q4 2015 | 2015-12-31 | $7.9M | −$68.2M | −89.66% |
| Q3 2015 | 2015-09-30 | $9.7M | −$5.7M | −36.86% |
| Q2 2015 | 2015-06-30 | $8.6M | −$2.6M | −23.11% |
| Q1 2015 | 2015-03-31 | $6.9M | −$3.2M | −31.48% |
| Q4 2014 | 2014-12-31 | $76.0M | $65.0M | +591.09% |
| Q3 2014 | 2014-09-30 | $15.3M | $4.8M | +45.89% |
| Q2 2014 | 2014-06-30 | $11.2M | $1.3M | +13.17% |
| Q1 2014 | 2014-03-31 | $10.1M | −$424,000 | −4.04% |
| Q4 2013 | 2013-12-31 | $11.0M | $3.0M | +37.72% |
| Q3 2013 | 2013-09-30 | $10.5M | −$257,000 | −2.38% |
| Q2 2013 | 2013-06-30 | $9.9M | $8.0M | +436.18% |
| Q1 2013 | 2013-03-31 | $10.5M | $8.6M | +462.35% |
| Q4 2012 | 2012-12-31 | $8.0M | $5.4M | +211.87% |
| Q3 2012 | 2012-09-30 | $10.8M | $9.9M | +1138.62% |
| Q2 2012 | 2012-06-30 | $1.8M | −$42,000 | −2.23% |
| Q1 2012 | 2012-03-31 | $1.9M | $37,000 | +2.02% |
| Q4 2011 | 2011-12-31 | $2.6M | — | — |
| Q3 2011 | 2011-09-30 | $870,000 | −$857,000 | −49.62% |
| Q2 2011 | 2011-06-30 | $1.9M | $107,000 | +6.03% |
| Q1 2011 | 2011-03-31 | $1.8M | — | — |
| Q3 2010 | 2010-09-30 | $1.7M | — | — |
| Q2 2010 | 2010-06-30 | $1.8M | — | — |
Xwell operating expenses trends
Over the last five fiscal years, Xwell's operating expenses decreased from $48.5M to $23.2M, a change of −$25.3M. The latest reported quarter, Q2 2026, shows $5.1M.
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 Xwell source filings ↗