Nano-X Imaging (NNOX) Operating Expenses (2019 - 2025)

Nano-X Imaging (NNOX) has 7 years of Operating Expenses data on file, last reported at $31.8 million in Q4 2025.

• For the quarter ending Q4 2025, Operating Expenses rose 163.14% year-over-year to $31.8 million; the trailing twelve-month figure through Dec 2025 stood at $65.4 million (up 41.85% YoY), and the FY2025 full-year result was $65.4 million, up 41.85% from the prior year.
• Operating Expenses for Q4 2025 stood at $31.8 million, up from $11.4 million in the prior quarter.
• Across five years, Operating Expenses topped out at $52.0 million in Q4 2022 and bottomed at $9.0 million in Q4 2023.
• The 5-year median for Operating Expenses is $13.1 million (2021), against an average of $16.9 million.
• The widest annual swing landed in 2021, when Operating Expenses soared 2161.97%; it then tumbled 82.75% in 2023.
• A 5-year view of Operating Expenses shows it stood at $20.4 million in 2021, then soared by 154.91% to $52.0 million in 2022, then sank by 82.75% to $9.0 million in 2023, then jumped by 34.71% to $12.1 million in 2024, then jumped by 163.14% to $31.8 million in 2025.
• The last three Operating Expenses figures came in at $31.8 million (Q4 2025), $11.4 million (Q3 2025), and $11.3 million (Q2 2025), per Business Quant data.

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