Nano-X Imaging (NNOX) Operating Expenses (2019 - 2026)

Nano-X Imaging (NNOX) posted quarterly Operating Expenses of $12.0 million for Q1 2026, up 8.41% year-on-year from $11.0 million in Q1 2025, and down 62.36% on a QoQ basis from $31.8 million in Q4 2025.

Nano-X Imaging (NNOX) Operating Expenses (2019 - 2026) Analysis & Trends

Nano-X Imaging (NNOX) has reported Operating Expenses for 8 consecutive years, with $12.0 million the latest figure, recorded in Q1 2026.

  • Quarterly Operating Expenses rose 8.41% year-over-year to $12.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $66.4 million (up 43.96% YoY) and the FY2025 annual result came in at $65.4 million, up 41.85% from the prior year.
  • Operating Expenses retreated to $12.0 million in Q1 2026 per NNOX's latest filing, from $31.8 million in the prior quarter.
  • Over the last five years, Operating Expenses for NNOX reached as high as $52.0 million in Q4 2022 and fell as low as $9.0 million in Q4 2023.
  • A 5-year average of $17.1 million and a median of $12.0 million in 2026 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2023 — Operating Expenses plunged 82.75% — and 2025, when it jumped 163.14%.
  • Year by year, Operating Expenses stood at $52.0 million in 2022, then tumbled by 82.75% to $9.0 million in 2023, then soared by 34.71% to $12.1 million in 2024, then soared by 163.14% to $31.8 million in 2025, then tumbled by 62.36% to $12.0 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $12.0 million, $31.8 million, and $11.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 9.82 Bn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 2.87 Bn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 3.59 Bn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 2.51 Bn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 785.50 Mn
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 495.00 Mn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -668.50 Mn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 1.46 Bn
9 Smith & Nephew 25.80 Bn 25.22 Bn - -47.00 Mn
10 Nano-X Imaging 67.53 Mn 23.68 Mn -2.59 Mn 11.97 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 11.97 Mn
Dec 31, 2025 31.80 Mn
Sep 30, 2025 11.35 Mn
Jun 30, 2025 11.25 Mn
Mar 31, 2025 11.04 Mn
Dec 31, 2024 12.09 Mn
Sep 30, 2024 11.33 Mn
Jun 30, 2024 11.65 Mn
Mar 31, 2024 11.07 Mn
Dec 31, 2023 8.97 Mn
Sep 30, 2023 20.33 Mn
Jun 30, 2023 16.14 Mn
Mar 31, 2023 10.56 Mn
Dec 31, 2022 52.01 Mn
Sep 30, 2022 18.37 Mn
Jun 30, 2022 20.43 Mn
Mar 31, 2022 20.02 Mn
Dec 31, 2021 20.40 Mn
Sep 30, 2021 13.48 Mn
Jun 30, 2021 13.52 Mn