Murano Global Investments (MRNO) Operating Expenses (2023 - 2025)
Murano Global Investments (MRNO) posted quarterly Operating Expenses of $21.4 million for Q4 2025, up 4280.85% year-over-year from $488261.0 in Q4 2024, and up 5678.09% quarter-over-quarter from $370191.1 in Q3 2025.
Murano Global Investments (MRNO) Operating Expenses (2023 - 2025) Analysis & Trends
Murano Global Investments' Operating Expenses history runs 3 years deep, the most recent figure standing at $21.4 million for Q4 2025.
- In Q4 2025, Operating Expenses rose 4280.85% year-over-year to $21.4 million; the TTM figure through Dec 2025 stood at $22.1 million (up 1897.35% YoY), while the FY2025 annual figure was $84.7 million, up 7140.62% from the prior year.
- Operating Expenses for Q4 2025 stood at $21.4 million, up from $370191.1 in the prior quarter.
- The five-year high for Operating Expenses was $8087.0 billion in Q2 2023, with the low at -$17833.5 billion in Q3 2023.
- The 3-year median for Operating Expenses is $250405.6 (2024), against an average of -$812.2 billion.
- Peak annual rise in Operating Expenses reached 29945.94% in 2024, while the deepest fall reached 100.0% in 2024.
- Murano Global Investments' Operating Expenses stood at $149575.4 in 2023, then soared by 226.43% to $488261.0 in 2024, then surged by 4280.85% to $21.4 million in 2025.
- Business Quant data shows MRNO's Operating Expenses at $21.4 million in Q4 2025, $370191.1 in Q3 2025, and $276269.3 in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Howard Hughes Holdings | 3.98 Bn | 3.98 Bn | 1.07 Bn | 895.60 Mn |
| 2 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.96 Bn | 2.96 Bn | - | -9.30 Mn |
| 3 | Century Communities | 2.00 Bn | 1.91 Bn | 190.18 Mn | -173,000.00 |
| 4 | Forestar | 1.47 Bn | 1.07 Bn | 84.10 Mn | 38.30 Mn |
| 5 | Five Point Holdings | 391.14 Mn | 41.76 Mn | -23.72 Mn | 21.49 Mn |
| 6 | Belpointe PREP | 188.32 Mn | 188.93 Mn | - | 15.16 Mn |
| 7 | Amrep | 124.09 Mn | 71.40 Mn | 4.41 Mn | 8.90 Mn |
| 8 | Smith Douglas Homes | 104.76 Mn | 90.56 Mn | 47.92 Mn | 41.91 Mn |
| 9 | Logistic Properties of the Americas | 103.65 Mn | 103.65 Mn | - | -4.18 Mn |
| 10 | Murano Global Investments | 17.11 Mn | 2.15 Mn | - | 21.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 21.39 Mn |
| Sep 30, 2025 | 370,191.14 |
| Jun 30, 2025 | 276,269.29 |
| Mar 31, 2025 | 106,748.32 |
| Dec 31, 2024 | 488,261.03 |
| Sep 30, 2024 | 522,943.76 |
| Jun 30, 2024 | -127,121.02 |
| Mar 31, 2024 | 224,541.93 |
| Dec 31, 2023 | 149,575.37 |
| Sep 30, 2023 | -17,833.54 Bn |
| Jun 30, 2023 | 8,086.97 Bn |
| Mar 31, 2023 | 747.33 |