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| Date | Value |
|---|---|
| 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 |