Madison Technologies Operating Expenses Growth & History (MDEX)
Madison Technologies's operating expenses was $499,658 for fiscal 2025.
View full Madison Technologies company overviewMadison Technologies annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $499,658 | $197,494 | +65.36% |
| 2024 | 2024-12-31 | $302,164 | −$265,027 | −46.73% |
| 2023 | 2023-12-31 | $567,191 | −$3.1M | −84.48% |
| 2022 | 2022-12-31 | $3.7M | −$990,384 | −21.32% |
| 2021 | 2021-12-31 | $4.6M | $4.5M | +3811.68% |
| 2020 | 2020-12-31 | $118,744 | $80,720 | +212.29% |
| 2019 | 2019-12-31 | $38,024 | −$11,646 | −23.45% |
| 2018 | 2018-12-31 | $49,670 | $393 | +0.80% |
| 2017 | 2017-12-31 | $49,277 | $10,421 | +26.82% |
| 2016 | 2016-12-31 | $38,856 | $5,268 | +15.68% |
| 2015 | 2015-12-31 | $33,588 | −$21,736 | −39.29% |
| 2014 | 2014-12-31 | $55,324 | $37,145 | +204.33% |
| 2013 | 2013-12-31 | $18,179 | −$12,428 | −40.61% |
| 2012 | 2012-12-31 | $30,607 | $210 | +0.69% |
| 2011 | 2011-12-31 | $30,397 | $6,047 | +24.83% |
| 2010 | 2010-12-31 | $24,350 | — | — |
Madison Technologies quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $84,278 | −$36,038 | −29.95% |
| Q1 2026 | 2026-03-31 | $86,353 | −$31,527 | −26.74% |
| Q4 2025 | 2025-12-31 | $219,848 | $154,590 | +236.89% |
| Q3 2025 | 2025-09-30 | $41,614 | $19,909 | +91.73% |
| Q2 2025 | 2025-06-30 | $120,316 | $45,290 | +60.37% |
| Q1 2025 | 2025-03-31 | $117,880 | −$22,295 | −15.91% |
| Q4 2024 | 2024-12-31 | $65,258 | −$43,171 | −39.81% |
| Q3 2024 | 2024-09-30 | $21,705 | $21,705 | — |
| Q2 2024 | 2024-06-30 | $75,026 | $74,834 | +38976.04% |
| Q1 2024 | 2024-03-31 | $140,175 | −$318,395 | −69.43% |
| Q4 2023 | 2023-12-31 | $108,429 | −$1.7M | −94.11% |
| Q3 2023 | 2023-09-30 | $0 | −$337,287 | — |
| Q2 2023 | 2023-06-30 | $192 | −$766,462 | −99.97% |
| Q1 2023 | 2023-03-31 | $458,570 | −$249,737 | −35.26% |
| Q4 2022 | 2022-12-31 | $1.8M | $29,590 | +1.63% |
| Q3 2022 | 2022-09-30 | $337,287 | −$637,175 | −65.39% |
| Q2 2022 | 2022-06-30 | $766,654 | −$633,112 | −45.23% |
| Q1 2022 | 2022-03-31 | $708,307 | $250,313 | +54.65% |
| Q4 2021 | 2021-12-31 | $1.8M | — | — |
| Q3 2021 | 2021-09-30 | $974,462 | $827,721 | +564.07% |
| Q2 2021 | 2021-06-30 | $1.4M | $1.4M | +14342.49% |
| Q1 2021 | 2021-03-31 | $457,994 | $452,262 | +7890.13% |
| Q3 2020 | 2020-09-30 | $146,741 | $139,533 | +1935.81% |
| Q2 2020 | 2020-06-30 | $9,692 | $1,650 | +20.52% |
| Q1 2020 | 2020-03-31 | $5,732 | −$3,533 | −38.13% |
| Q4 2019 | 2019-12-31 | $13,509 | $3,651 | +37.04% |
| Q3 2019 | 2019-09-30 | $7,208 | −$5,521 | −43.37% |
| Q2 2019 | 2019-06-30 | $8,042 | −$4,329 | −34.99% |
| Q1 2019 | 2019-03-31 | $9,265 | −$5,447 | −37.02% |
| Q4 2018 | 2018-12-31 | $9,858 | −$5,505 | −35.83% |
| Q3 2018 | 2018-09-30 | $12,729 | $1,299 | +11.36% |
| Q2 2018 | 2018-06-30 | $12,371 | $2,687 | +27.75% |
| Q1 2018 | 2018-03-31 | $14,712 | $1,912 | +14.94% |
| Q4 2017 | 2017-12-31 | $15,363 | −$10,144 | −39.77% |
| Q3 2017 | 2017-09-30 | $11,430 | $6,813 | +147.56% |
| Q2 2017 | 2017-06-30 | $9,684 | $6,711 | +225.73% |
| Q1 2017 | 2017-03-31 | $12,800 | $7,041 | +122.26% |
| Q4 2016 | 2016-12-31 | $25,507 | $14,682 | +135.63% |
| Q3 2016 | 2016-09-30 | $4,617 | $3,480 | +306.07% |
| Q2 2016 | 2016-06-30 | $2,973 | −$3,251 | −52.23% |
| Q1 2016 | 2016-03-31 | $5,759 | −$9,643 | −62.61% |
| Q4 2015 | 2015-12-31 | $10,825 | −$5,422 | −33.37% |
| Q3 2015 | 2015-09-30 | $1,137 | −$14,092 | −92.53% |
| Q2 2015 | 2015-06-30 | $6,224 | −$12,858 | −67.38% |
| Q1 2015 | 2015-03-31 | $15,402 | $10,636 | +223.16% |
| Q4 2014 | 2014-12-31 | $16,247 | $8,753 | +116.80% |
| Q3 2014 | 2014-09-30 | $15,229 | $11,686 | +329.83% |
| Q2 2014 | 2014-06-30 | $19,082 | $15,313 | +406.29% |
| Q1 2014 | 2014-03-31 | $4,766 | $1,393 | +41.30% |
| Q4 2013 | 2013-12-31 | $7,494 | −$15,381 | −67.24% |
| Q3 2013 | 2013-09-30 | $3,543 | $3,012 | +567.23% |
| Q2 2013 | 2013-06-30 | $3,769 | −$1,133 | −23.11% |
| Q1 2013 | 2013-03-31 | $3,373 | $1,074 | +46.72% |
| Q4 2012 | 2012-12-31 | $22,875 | $11,097 | +94.22% |
| Q3 2012 | 2012-09-30 | $531 | −$3,630 | −87.24% |
| Q2 2012 | 2012-06-30 | $4,902 | −$4,609 | −48.46% |
| Q1 2012 | 2012-03-31 | $2,299 | −$2,648 | −53.53% |
| Q4 2011 | 2011-12-31 | $11,778 | — | — |
| Q3 2011 | 2011-09-30 | $4,161 | $2,191 | +111.22% |
| Q2 2011 | 2011-06-30 | $9,511 | $1,657 | +21.10% |
| Q1 2011 | 2011-03-31 | $4,947 | — | — |
| Q3 2010 | 2010-09-30 | $1,970 | — | — |
| Q2 2010 | 2010-06-30 | $7,854 | — | — |
Madison Technologies operating expenses trends
Over the last five fiscal years, Madison Technologies's operating expenses increased from $118,744 to $499,658, a change of $380,914. The latest reported quarter, Q2 2026, shows $84,278.
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.
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 Madison Technologies source filings ↗