Medinotec MDNC
OTC MDNC
$5.00 +0.00 (+0.00%)
At close: Sep 8, 2026 · 4:00 PM EDT

Medinotec (MDNC) Operating Expenses (2022 - 2026)

Medinotec's (MDNC) quarterly Operating Expenses came in at -$1.1 million in Q2 2026, down 77.25% on a YoY basis from -$5.0 million in Q2 2025, and down 0.72% quarter-over-quarter from -$1.1 million in Q1 2026.

Analysis

Medinotec (MDNC) Operating Expenses (2022 - 2026) Analysis & Trends

Medinotec (MDNC) has reported Operating Expenses for 5 consecutive years, with -$1.1 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses fell 77.25% year-over-year to -$1.1 million; the trailing twelve-month figure through May 2026 stood at -$4.5 million (down 133.62% YoY), and the FY2026 full-year result was -$4.0 million, down 147.92% from the prior year.
  • Operating Expenses eased to -$1.1 million in Q2 2026 per MDNC's latest filing, 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.
  • Historically, Operating Expenses has averaged -$536798.7 across 5 years, with a median of -$391278.5 in 2024.
  • The widest YoY moves for Operating Expenses: up 206.37% in 2023, down 322.32% in 2023.
  • Over 5 years, 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.
  • According to Business Quant data, Operating Expenses over the past three periods registered -$1.1 million, -$1.1 million, and -$793340.0 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Abbott Laboratories 183.04 Bn 177.44 Bn 7.27 Bn 10.90 Bn
2 Intuitive Surgical 125.02 Bn 119.81 Bn 1.96 Bn 988.50 Mn
3 Medtronic 117.84 Bn 109.02 Bn 6.34 Bn 3.97 Bn
4 Stryker 105.50 Bn 102.02 Bn 4.50 Bn 2.84 Bn
5 Boston Scientific 66.27 Bn 65.73 Bn 3.85 Bn 2.67 Bn
6 Edwards Lifesciences 49.60 Bn 45.35 Bn 1.35 Bn 846.40 Mn
7 Alcon 33.70 Bn 32.24 Bn 1.68 Bn -1.63 Bn
8 Dexcom 32.06 Bn 30.11 Bn 830.00 Mn 511.70 Mn
9 Steris 21.02 Bn 20.54 Bn 684.20 Mn 398.30 Mn
10 Medinotec 58.78 Mn 58.19 Mn 1.31 Mn -1.13 Mn
Historic Data

Historic Data

Download Data
DateValue
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