Inotiv (NOTV) Operating Expenses (2010 - 2026)
Inotiv (NOTV) reported Operating Expenses of $17.6 million for Q1 2026, up 2.86% on a YoY basis from $17.2 million in Q1 2025, and down 4.59% quarter-over-quarter from $18.5 million in Q4 2025.
Inotiv (NOTV) Operating Expenses (2010 - 2026) Analysis & Trends
Inotiv has reported Operating Expenses for 17 years, with the latest figure at $17.6 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 2.86% year-over-year to $17.6 million; the trailing twelve-month figure through Mar 2026 stood at $70.9 million (down 3.65% YoY), and the FY2025 full-year result was $71.1 million, down 7.7% from the prior year.
- Operating Expenses for Q1 2026 stood at $17.6 million, down from $18.5 million in the prior quarter.
- The five-year high for Operating Expenses was $30.8 million in Q4 2022, with the low at $16.8 million in Q2 2024.
- Historically, Operating Expenses has averaged $22.1 million across 5 years, with a median of $19.9 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 266.21% — and 2024, when it tumbled 35.47%.
- Inotiv's Operating Expenses stood at $30.8 million in 2022, then tumbled by 35.27% to $19.9 million in 2023, then retreated by 3.89% to $19.2 million in 2024, then decreased by 3.45% to $18.5 million in 2025, then slipped by 4.59% to $17.6 million in 2026.
- The last three Operating Expenses figures came in at $17.6 million (Q1 2026), $18.5 million (Q4 2025), and $16.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | 1.31 Bn |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 9.14 Bn |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 2.25 Bn |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 360.15 Mn |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 1.44 Bn |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | 553.00 Mn |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | 790.16 Mn |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 512.00 Mn |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 316.87 Mn |
| 10 | Inotiv | 3.92 Mn | -11.26 Mn | 111.99 Mn | 17.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.64 Mn |
| Dec 31, 2025 | 18.49 Mn |
| Sep 30, 2025 | 16.92 Mn |
| Jun 30, 2025 | 17.88 Mn |
| Mar 31, 2025 | 17.15 Mn |
| Dec 31, 2024 | 19.15 Mn |
| Sep 30, 2024 | 20.53 Mn |
| Jun 30, 2024 | 16.78 Mn |
| Mar 31, 2024 | 19.80 Mn |
| Dec 31, 2023 | 19.93 Mn |
| Sep 30, 2023 | 22.41 Mn |
| Jun 30, 2023 | 25.71 Mn |
| Mar 31, 2023 | 30.68 Mn |
| Dec 31, 2022 | 30.79 Mn |
| Sep 30, 2022 | 29.26 Mn |
| Jun 30, 2022 | 27.07 Mn |
| Mar 31, 2022 | 24.91 Mn |
| Dec 31, 2021 | 23.02 Mn |
| Sep 30, 2021 | 13.72 Mn |
| Jun 30, 2021 | 9.35 Mn |