Nano-X Imaging NNOX
NASDAQ NNOX
$0.78 -0.15 (-16.16%)
At close: Sep 9, 2026 · 4:00 PM EDT

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% on a YoY basis from $11.0 million in Q1 2025, and down 62.36% quarter-over-quarter from $31.8 million in Q4 2025.

Analysis

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.

  • For the quarter ending Q1 2026, Operating Expenses rose 8.41% year-over-year to $12.0 million; the trailing twelve-month figure through Mar 2026 stood at $66.4 million (up 43.96% YoY), and the FY2025 full-year result was $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.
  • Across five years, Operating Expenses topped out at $52.0 million in Q4 2022 and bottomed at $9.0 million in Q4 2023.
  • Historically, Operating Expenses has averaged $17.1 million across 5 years, with a median of $12.0 million in 2026.
  • The sharpest annual moves came in 2023 and 2025: Operating Expenses slumped 82.75% in 2023, then jumped 163.14% in 2025.
  • Over 5 years, Operating Expenses stood at $52.0 million in 2022, then plunged by 82.75% to $9.0 million in 2023, then surged by 34.71% to $12.1 million in 2024, then surged by 163.14% to $31.8 million in 2025, then plunged 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 Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 GE HealthCare Technologies 29.54 Bn 27.44 Bn 2.18 Bn 1.44 Bn
2 Lantheus Holdings 6.56 Bn 5.97 Bn 241.86 Mn 103.44 Mn
3 Heartflow 4.04 Bn 3.66 Bn 53.19 Mn 71.09 Mn
4 Neogen 2.59 Bn 2.41 Bn 107.80 Mn 104.70 Mn
5 Butterfly Network 1.96 Bn 1.84 Bn 23.29 Mn 36.95 Mn
6 Ceribell 928.74 Mn 799.48 Mn 25.94 Mn 45.92 Mn
7 QuidelOrtho 866.04 Mn 742.64 Mn - -
8 Varex Imaging 779.06 Mn 679.86 Mn 76.70 Mn 53.90 Mn
9 Prenetics Global 339.99 Mn 280.94 Mn 30.20 Mn -10.82 Mn
10 Nano-X Imaging 50.38 Mn 6.16 Mn -2.59 Mn 11.97 Mn
Historic Data

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