Medinotec (MDNC) Operating Expenses (2022 - 2026)
Medinotec (MDNC) posted Operating Expenses of -$1.1 million for Q2 2026, down 0.72% on a QoQ basis from -$1.1 million in Q1 2026, and down 77.25% year-over-year from -$5.0 million in Q2 2025.
Medinotec (MDNC) Operating Expenses (2022 - 2026) Analysis & Trends
Medinotec's Operating Expenses history runs 5 years deep, the most recent figure standing at -$1.1 million for Q2 2026.
- Quarterly Operating Expenses fell 77.25% year-over-year to -$1.1 million in Q2 2026, while the trailing twelve-month figure through May 2026 was -$4.5 million (down 133.62% YoY) and the FY2026 annual result came in at -$4.0 million, down 147.92% from the prior year.
- Operating Expenses was -$1.1 million for Q2 2026 at Medinotec, down from -$1.1 million in the prior quarter.
- Across five years, Operating Expenses topped out at $645770.0 in Q1 2022 and bottomed at -$3.0 million in Q1 2024.
- A 5-year average of -$536798.7 and a median of -$391278.5 in 2024 frame the typical range for Operating Expenses.
- Peak annual rise in Operating Expenses reached 206.37% in 2023, while the deepest fall reached 322.32% in 2023.
- Medinotec's Operating Expenses stood at $197805.0 in 2022, then jumped by 206.37% to $606009.0 in 2023, then sank by 184.71% to -$513325.0 in 2024, then sank by 54.55% to -$793340.0 in 2025, then plunged by 42.03% to -$1.1 million in 2026.
- Business Quant data shows MDNC's Operating Expenses at -$1.1 million in Q2 2026, -$1.1 million in Q1 2026, and -$793340.0 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 9.82 Bn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 2.87 Bn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 3.59 Bn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 2.51 Bn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 785.50 Mn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 495.00 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -668.50 Mn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 1.46 Bn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | -47.00 Mn |
| 10 | Medinotec | 58.78 Mn | 58.19 Mn | 1.31 Mn | -1.13 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | -1.13 Mn |
| Feb 28, 2026 | -1.12 Mn |
| Nov 30, 2025 | -793,340.00 |
| Aug 31, 2025 | -1.47 Mn |
| May 31, 2025 | -635,711.00 |
| Feb 28, 2025 | -384,892.00 |
| Nov 30, 2024 | -513,325.00 |
| Aug 31, 2024 | -397,665.00 |
| May 31, 2024 | -331,111.00 |
| Feb 29, 2024 | -2.96 Mn |
| Nov 30, 2023 | 606,009.00 |
| Aug 31, 2023 | 234,069.00 |
| May 31, 2023 | -276,860.00 |
| Feb 28, 2023 | -1.44 Mn |
| Nov 30, 2022 | 197,805.00 |
| Aug 31, 2022 | 259,030.00 |
| May 31, 2022 | -158,451.00 |
| Feb 28, 2022 | 645,770.00 |