Marimed (MRMD) Operating Expenses (2011 - 2026)
Marimed (MRMD) recorded Operating Expenses of $15.81 million in Q2 2026, up 6.0% from $14.91 million a year earlier and up 4.3% from the prior quarter.
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Analysis
Marimed (MRMD) Operating Expenses (2011 - 2026) Analysis & Trends
On a TTM basis, Marimed's Operating Expenses came in at $60.75 million as of Jun 30, 2026, up 0.5% year-over-year; for FY2025, it came in at $60.7 million, up 1.2% from FY2024.
- Annual Operating Expenses has increased for five straight years, with a five-year compound annual growth rate of 29.3% (FY2020 to FY2025).
- Across earlier years, Operating Expenses came in at $60 million in FY2024 (+16.4%), $51.53 million in FY2023 (+18.2%), $43.59 million in FY2022 (+10.6%) and $39.4 million in FY2021 (+134.6%).
- The Q2 2026 figure is the highest quarterly Operating Expenses since Q1 2025.
- On a year-over-year basis, Operating Expenses rose in four of the last eight quarters, with growth averaging 2.0%.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 299.1% in Q4 2021, against a decline of 10.9% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $15.15 million (Q1 2026), $15.03 million (Q4 2025) and $14.76 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn | - |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - | - |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn | 21.00 Mn |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn | 165.69 Mn |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | -33.52 Mn |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn | 532.81 Mn |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn | 117.91 Mn |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn | 21.05 Mn |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn | 76.99 Mn |
| 10 | Marimed | 28.08 Mn | -5.68 Mn | 16.23 Mn | 15.81 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.81 Mn |
| Mar 31, 2026 | 15.15 Mn |
| Dec 31, 2025 | 15.03 Mn |
| Sep 30, 2025 | 14.76 Mn |
| Jun 30, 2025 | 14.91 Mn |
| Mar 31, 2025 | 16.00 Mn |
| Dec 31, 2024 | 14.12 Mn |
| Sep 30, 2024 | 15.44 Mn |
| Jun 30, 2024 | 15.95 Mn |
| Mar 31, 2024 | 14.45 Mn |
| Dec 31, 2023 | 14.91 Mn |
| Sep 30, 2023 | 13.55 Mn |
| Jun 30, 2023 | 12.83 Mn |
| Mar 31, 2023 | 10.25 Mn |
| Dec 31, 2022 | 12.72 Mn |
| Sep 30, 2022 | 10.43 Mn |
| Jun 30, 2022 | 10.51 Mn |
| Mar 31, 2022 | 9.93 Mn |
| Dec 31, 2021 | 14.29 Mn |
| Sep 30, 2021 | 11.56 Mn |
API Access
Marimed Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=MRMD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "MRMD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=MRMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();