Medicinova (MNOV) Operating Expenses (2010 - 2025)
Medicinova's (MNOV) quarterly Operating Expenses came in at $3.2 million in Q4 2025, up 1.9% year-on-year from $3.2 million in Q4 2024, and down 7.42% on a QoQ basis from $3.5 million in Q3 2025.
Medicinova (MNOV) Operating Expenses (2010 - 2025) Analysis & Trends
Medicinova (MNOV) has 16 years of Operating Expenses data on file, last reported at $3.2 million in Q4 2025.
- On a quarterly basis, Operating Expenses rose 1.9% year-over-year to $3.2 million in Q4 2025; TTM through Dec 2025 was $13.7 million, a 8.03% increase from a year earlier, with the FY2025 full-year figure at $13.7 million, up 8.03% from the prior year.
- Operating Expenses for Q4 2025 stood at $3.2 million, down from $3.5 million in the prior quarter.
- Over the last five years, Operating Expenses for MNOV reached as high as $4.3 million in Q2 2021 and fell as low as $2.1 million in Q4 2021.
- Historically, Operating Expenses has averaged $3.3 million across 5 years, with a median of $3.3 million in 2023.
- Across the five-year window, Operating Expenses plunged 44.92% in 2023 and surged 54.14% in 2024, its largest moves.
- Year by year, Operating Expenses stood at $2.1 million in 2021, then soared by 53.66% to $3.2 million in 2022, then decreased by 22.94% to $2.5 million in 2023, then grew by 27.85% to $3.2 million in 2024, then rose by 1.9% to $3.2 million in 2025.
- Per Business Quant data, the three most recent Operating Expenses figures were $3.2 million in Q4 2025, $3.5 million in Q3 2025, and $3.7 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | -28.01 Mn |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 1.10 Bn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | -3.78 Mn |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 1.85 Bn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 2.96 Bn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | 32.68 Mn |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 2.89 Bn |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | 445.22 Mn |
| 10 | Medicinova | 64.48 Mn | 64.48 Mn | 4,754.00 | 3.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 3.24 Mn |
| Sep 30, 2025 | 3.50 Mn |
| Jun 30, 2025 | 3.74 Mn |
| Mar 31, 2025 | 3.20 Mn |
| Dec 31, 2024 | 3.18 Mn |
| Sep 30, 2024 | 3.31 Mn |
| Jun 30, 2024 | 3.05 Mn |
| Mar 31, 2024 | 3.14 Mn |
| Dec 31, 2023 | 2.49 Mn |
| Sep 30, 2023 | 2.15 Mn |
| Jun 30, 2023 | 3.30 Mn |
| Mar 31, 2023 | 2.96 Mn |
| Dec 31, 2022 | 3.23 Mn |
| Sep 30, 2022 | 3.90 Mn |
| Jun 30, 2022 | 4.09 Mn |
| Mar 31, 2022 | 3.41 Mn |
| Dec 31, 2021 | 2.10 Mn |
| Sep 30, 2021 | 3.64 Mn |
| Jun 30, 2021 | 4.31 Mn |
| Mar 31, 2021 | 4.20 Mn |