TNL Mediagene (TNMG) Operating Expenses (2022 - 2025)
TNL Mediagene's (TNMG) quarterly Operating Expenses came in at -$24.4 million in Q4 2025, up 62.57% year-over-year from -$15.0 million in Q4 2024, and up 62.57% quarter-over-quarter from -$65.1 million in Q4 2024.
Analysis
TNL Mediagene (TNMG) Operating Expenses (2022 - 2025) Analysis & Trends
TNL Mediagene (TNMG) has reported Operating Expenses for 4 consecutive years, with -$24.4 million the latest figure, recorded in Q4 2025.
- On a quarterly basis, Operating Expenses rose 62.57% year-over-year to -$24.4 million in Q4 2025; TTM through Dec 2025 was -$120.3 million, a N/A change from a year earlier, with the FY2025 full-year figure at -$24.4 million, up 62.57% from the prior year.
- Operating Expenses was -$24.4 million for Q4 2025 at TNL Mediagene, up from -$65.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at -$11.2 million in Q4 2022 and troughed at -$65.1 million in Q4 2024.
- A 4-year average of -$30.1 million and a median of -$22.1 million in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses tumbled 229.42% in 2024 and jumped 62.57% in 2025, its largest moves.
- Over 4 years, Operating Expenses stood at -$11.2 million in 2022, then sank by 76.99% to -$19.7 million in 2023, then plunged by 229.42% to -$65.1 million in 2024, then jumped by 62.57% to -$24.4 million in 2025.
- The last three Operating Expenses figures came in at -$24.4 million (Q4 2025), -$65.1 million (Q4 2024), and -$19.7 million (Q4 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | News | 18.43 Bn | 16.33 Bn | - | 991.00 Mn |
| 2 | New York Times | 10.84 Bn | 10.17 Bn | 394.61 Mn | 644.44 Mn |
| 3 | 36Kr Holdings | 6.01 Bn | 5.99 Bn | - | - |
| 4 | John Wiley & Sons | 2.46 Bn | 2.35 Bn | 285.49 Mn | 383.42 Mn |
| 5 | McGraw Hill | 2.34 Bn | 2.15 Bn | 439.20 Mn | 324.92 Mn |
| 6 | Ziff Davis | 2.01 Bn | 405.04 Mn | 241.03 Mn | 331.46 Mn |
| 7 | Usa Today | 922.25 Mn | 835.59 Mn | 208.25 Mn | 156.72 Mn |
| 8 | Daily Journal | 875.63 Mn | 438.54 Mn | 26.82 Mn | 21.71 Mn |
| 9 | Scholastic | 841.11 Mn | 706.21 Mn | 285.70 Mn | 424.70 Mn |
| 10 | TNL Mediagene | 717,902.92 | -2.20 Mn | - | -24.35 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -24.35 Mn |
| Dec 31, 2024 | -65.06 Mn |
| Dec 31, 2023 | -19.75 Mn |
| Dec 31, 2022 | -11.16 Mn |