IM Cannabis (IMCC) Operating Expenses (2020 - 2026)

IM Cannabis' (IMCC) quarterly Operating Expenses came in at $2.3 million in Q1 2026, down 1.57% year-on-year from $2.3 million in Q1 2025, and down 82.7% quarter-over-quarter from $13.0 million in Q4 2025.

IM Cannabis (IMCC) Operating Expenses (2020 - 2026) Analysis & Trends

IM Cannabis' Operating Expenses history runs 7 years deep, the most recent figure standing at $2.3 million for Q1 2026.

  • On a quarterly basis, Operating Expenses fell 1.57% year-over-year to $2.3 million in Q1 2026; TTM through Mar 2026 was $17.5 million, a 5.01% increase from a year earlier, with the FY2025 full-year figure at $15.3 million, up 11.78% from the prior year.
  • Operating Expenses eased to $2.3 million in Q1 2026 per IMCC's latest filing, from $13.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $13.0 million in Q4 2025 and bottomed at -$13891.7 in Q2 2024.
  • The 5-year median for Operating Expenses is $4.6 million (2023), against an average of $5.4 million.
  • Biggest YoY gain for Operating Expenses was 158.83% in 2024; the steepest drop was 100.36% in 2024.
  • Year by year, Operating Expenses stood at $9.8 million in 2022, then plunged by 55.02% to $4.4 million in 2023, then soared by 158.83% to $11.4 million in 2024, then gained by 14.28% to $13.0 million in 2025, then tumbled by 82.7% to $2.3 million in 2026.
  • Per Business Quant, the three latest IMCC Operating Expenses figures stand at $2.3 million (Q1 2026), $13.0 million (Q4 2025), and $2.2 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Haleon 87.22 Bn 85.35 Bn - -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn 1.00 Bn
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 788.00 Mn
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn 12.58 Bn
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn 455.70 Mn
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - -
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn 1.24 Bn
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn 621.10 Mn
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn 494.00 Mn
10 IM Cannabis 591,792.44 -193,562.09 1.03 Mn 2.26 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.26 Mn
Dec 31, 2025 13.05 Mn
Sep 30, 2025 2.24 Mn
Mar 31, 2025 2.29 Mn
Dec 31, 2024 11.42 Mn
Sep 30, 2024 3.01 Mn
Jun 30, 2024 -13,891.67
Mar 31, 2024 5.50 Mn
Dec 31, 2023 4.41 Mn
Sep 30, 2023 3.66 Mn
Jun 30, 2023 3.88 Mn
Mar 31, 2023 4.82 Mn
Dec 31, 2022 9.81 Mn
Sep 30, 2022 5.73 Mn
Jun 30, 2022 6.14 Mn
Mar 31, 2022 8.89 Mn
Dec 31, 2021 7.71 Mn
Sep 30, 2021 6.39 Mn
Jun 30, 2021 8.26 Mn
Mar 31, 2021 5.32 Mn