Murano Global Investments (MRNO) Operating Expenses (2023 - 2025)
Murano Global Investments (MRNO) posted quarterly Operating Expenses of $22.5 million for Q4 2025, up 3899.02% year-on-year from $563451.9 in Q4 2024, and up 5577.04% on a QoQ basis from $396907.1 in Q3 2025.
Murano Global Investments (MRNO) Operating Expenses (2023 - 2025) Analysis & Trends
Murano Global Investments (MRNO) has reported Operating Expenses for 3 consecutive years, with $22.5 million the latest figure, recorded in Q4 2025.
- Quarterly Operating Expenses rose 3899.02% year-over-year to $22.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $23.4 million (up 1806.13% YoY) and the FY2025 annual result came in at $89.3 million, up 7181.07% from the prior year.
- Operating Expenses grew to $22.5 million in Q4 2025 per MRNO's latest filing, from $396907.1 in the prior quarter.
- Over the last five years, Operating Expenses for MRNO reached as high as $8230.9 billion in Q2 2023 and fell as low as -$17502.2 billion in Q3 2023.
- A 3-year average of -$772.6 billion and a median of $264822.6 in 2024 frame the typical range for Operating Expenses.
- The largest YoY upside for Operating Expenses was 27239.96% in 2024 against a maximum downside of 100.0% in 2024.
- Year by year, Operating Expenses stood at $151031.7 in 2023, then surged by 273.07% to $563451.9 in 2024, then soared by 3899.02% to $22.5 million in 2025.
- According to Business Quant data, Operating Expenses over the past three periods registered $22.5 million, $396907.1, and $310248.8 for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vesta Real Estate Corporation, S.A.B. de C.V | 29.69 Bn | 29.69 Bn | - | -9.30 Mn |
| 2 | Howard Hughes Holdings | 3.89 Bn | 3.89 Bn | 182.88 Mn | 185.37 Mn |
| 3 | Century Communities | 2.07 Bn | 1.98 Bn | 190.18 Mn | -173,000.00 |
| 4 | Forestar | 1.51 Bn | 1.12 Bn | 84.10 Mn | 38.30 Mn |
| 5 | Five Point Holdings | 415.97 Mn | 66.60 Mn | -23.72 Mn | 21.49 Mn |
| 6 | Belpointe PREP | 178.93 Mn | 178.93 Mn | - | 15.16 Mn |
| 7 | Smith Douglas Homes | 139.69 Mn | 111.70 Mn | 40.45 Mn | 35.91 Mn |
| 8 | Amrep | 122.05 Mn | 69.36 Mn | 4.41 Mn | 8.90 Mn |
| 9 | Logistic Properties of the Americas | 93.27 Mn | 93.27 Mn | - | -4.07 Mn |
| 10 | Murano Global Investments | 15.10 Mn | -652,348.24 | - | 22.53 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 22.53 Mn |
| Sep 30, 2025 | 396,907.11 |
| Jun 30, 2025 | 310,248.81 |
| Mar 31, 2025 | 125,482.42 |
| Dec 31, 2024 | 563,451.91 |
| Sep 30, 2024 | 568,683.22 |
| Jun 30, 2024 | -125,739.97 |
| Mar 31, 2024 | 219,396.32 |
| Dec 31, 2023 | 151,031.71 |
| Sep 30, 2023 | -17,502.24 Bn |
| Jun 30, 2023 | 8,230.88 Bn |
| Mar 31, 2023 | 802.47 |