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
DateValue
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