Murano Global Investments (MRNOW) Operating Expenses (2023 - 2025)

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 fell 38.59% year-over-year to $21.4 million; the TTM figure through Dec 2025 stood at $80.8 million (up 10.67% YoY), while the FY2025 annual figure was $84.7 million, up 22.88% from the prior year.
• Operating Expenses was $21.4 million for Q4 2025 at Murano Global Investments, up from $19.9 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $34.8 million in Q4 2024 to a low of $3.9 million in Q2 2024.
• Historically, Operating Expenses has averaged $15.7 million across 3 years, with a median of $17.1 million in 2024.
• The sharpest annual moves came in 2024 and 2025: Operating Expenses plunged 55.51% in 2024, then jumped 424.64% in 2025.
• A 3-year view of Operating Expenses shows it stood at $9.0 million in 2023, then jumped by 288.12% to $34.8 million in 2024, then sank by 38.59% to $21.4 million in 2025.
• The last three Operating Expenses figures came in at $21.4 million (Q4 2025), $19.9 million (Q3 2025), and $20.4 million (Q2 2025), per Business Quant data.