Nano-X Imaging (NNOX) Operating Expenses (2019 - 2026)
Nano-X Imaging's (NNOX) quarterly Operating Expenses came in at $12.0 million in Q1 2026, up 8.41% YoY 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 8 years of Operating Expenses data on file, last reported at $12.0 million 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 eased to $12.0 million in Q1 2026, from $31.8 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $52.0 million in Q4 2022 to a low of $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 sank 82.75% — and 2025, when it soared 163.14%.
- Tracing NNOX's Operating Expenses over 5 years: stood at $52.0 million in 2022, then slumped 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 slumped by 62.36% to $12.0 million in 2026.
- The last three Operating Expenses figures came in at $12.0 million (Q1 2026), $31.8 million (Q4 2025), and $11.4 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.20 Bn | 194.60 Bn | 7.27 Bn | 10.90 Bn |
| 2 | Stryker | 129.69 Bn | 126.21 Bn | 4.50 Bn | 2.84 Bn |
| 3 | Medtronic | 120.14 Bn | 110.92 Bn | 6.41 Bn | 3.59 Bn |
| 4 | Boston Scientific | 74.16 Bn | 73.62 Bn | 3.85 Bn | 2.67 Bn |
| 5 | Edwards Lifesciences | 52.68 Bn | 48.43 Bn | 1.35 Bn | 846.40 Mn |
| 6 | Dexcom | 34.57 Bn | 32.62 Bn | 830.00 Mn | 511.70 Mn |
| 7 | GE HealthCare Technologies | 34.09 Bn | 31.98 Bn | 2.18 Bn | 1.44 Bn |
| 8 | Koninklijke Philips | 26.49 Bn | 23.17 Bn | 4.55 Bn | -741.59 Mn |
| 9 | Steris | 23.19 Bn | 22.70 Bn | 684.20 Mn | 398.30 Mn |
| 10 | Nano-X Imaging | 62,190.65 | -44.16 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 |