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
DateValue
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