Medicure annual operating expenses
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Medicure Operating Expenses Growth & History (MCUJF)
Medicure's operating expenses was $18.6M for fiscal 2025.
View full Medicure company overviewMedicure annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $18.6M | $2.8M | +17.76% |
| 2024 | 2024-12-31 | $15.8M | $983,000 | +6.62% |
| 2023 | 2023-12-31 | $14.8M | −$39,000 | −0.26% |
| 2022 | 2022-12-31 | $14.9M | $77,000 | +0.52% |
| 2021 | 2021-12-31 | $14.8M | $1.6M | +11.85% |
| 2020 | 2020-12-31 | $13.2M | −$7.9M | −37.39% |
| 2019 | 2019-12-31 | $21.1M | −$5.0M | −19.25% |
| 2018 | 2018-12-31 | $26.2M | $6.2M | +30.81% |
| 2017 | 2017-12-31 | $20.0M | $968,317 | +5.08% |
| 2016 | 2016-12-31 | $19.0M | $3.9M | +26.12% |
| 2015 | 2015-12-31 | $15.1M | — | — |
Medicure quarterly operating expenses
Q1.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $4.6M | $417,000 | +10.09% |
| Q1 2026 | 2026-03-31 | $3.9M | $390,000 | +11.15% |
| Q4 2025 | 2025-12-31 | $6.9M | — | — |
| Q3 2025 | 2025-09-30 | $4.1M | — | — |
| Q2 2025 | 2025-06-30 | $4.1M | — | — |
| Q1 2025 | 2025-03-31 | $3.5M | −$361,000 | −9.35% |
| Q1 2024 | 2024-03-31 | $3.9M | — | — |
Medicure operating expenses trends
Over the last five fiscal years, Medicure's operating expenses increased from $13.2M to $18.6M, a change of $5.4M. The latest reported quarter, Q2 2026, shows $4.6M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Medicure source filings ↗