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
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