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
Download Data
Historic 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 |