Inotiv (NOTVQ) Operating Expenses (2010 - 2026)
Inotiv's (NOTVQ) quarterly Operating Expenses came in at $17.6 million in Q1 2026, up 2.86% YoY from $17.2 million in Q1 2025, and down 4.59% on a QoQ basis from $18.5 million in Q4 2025.
Inotiv (NOTVQ) Operating Expenses (2010 - 2026) Analysis & Trends
Inotiv (NOTVQ) has 17 years of Operating Expenses data on file, last reported at $17.6 million in Q1 2026.
- Quarterly Operating Expenses rose 2.86% year-over-year to $17.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $70.9 million (down 3.65% YoY) and the FY2025 annual result came in at $71.1 million, down 7.7% from the prior year.
- Operating Expenses declined to $17.6 million in Q1 2026, from $18.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $30.8 million in Q4 2022 to a low of $16.8 million in Q2 2024.
- A 5-year average of $22.1 million and a median of $19.9 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 266.21% — and 2024, when it tumbled 35.47%.
- Tracing NOTVQ's Operating Expenses over 5 years: 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 | Thermo Fisher Scientific | 213.78 Bn | 209.71 Bn | 8.34 Bn | 9.91 Bn |
| 2 | Danaher | 139.83 Bn | 135.48 Bn | 3.61 Bn | 2.48 Bn |
| 3 | Idexx Laboratories | 45.99 Bn | 45.79 Bn | 779.09 Mn | 353.52 Mn |
| 4 | Agilent Technologies | 39.69 Bn | 37.88 Bn | 990.00 Mn | 1.44 Bn |
| 5 | Iqvia Holdings | 39.31 Bn | 37.23 Bn | 1.44 Bn | 637.00 Mn |
| 6 | Natera | 38.74 Bn | 37.64 Bn | 696.04 Mn | 790.16 Mn |
| 7 | Illumina | 29.94 Bn | 28.77 Bn | 770.00 Mn | 525.00 Mn |
| 8 | Mettler Toledo International | 28.55 Bn | 28.50 Bn | 650.22 Mn | 321.77 Mn |
| 9 | Quest Diagnostics | 26.18 Bn | 25.55 Bn | 1.03 Bn | 2.58 Bn |
| 10 | Inotiv | 348,881.46 | -14.83 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 |