Medinotec Operating Expenses Growth & History (MDNC)
Medinotec's operating expenses was $4.0M for fiscal 2026.
View full Medinotec company overviewMedinotec annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-02-28 | $4.0M | $2.4M | +147.92% |
| 2025 | 2025-02-28 | $1.6M | −$214,901 | −11.67% |
| 2024 | 2024-02-29 | $1.8M | $1.0M | +124.51% |
| 2023 | 2023-02-28 | $820,409 | $174,639 | +27.04% |
| 2022 | 2022-02-28 | $645,770 | — | — |
Medinotec quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-05-31 | $1.1M | $491,082 | +77.25% |
| Q4 2026 | 2026-02-28 | $1.1M | $746,053 | +193.84% |
| Q3 2026 | 2025-11-30 | $793,340 | $280,015 | +54.55% |
| Q2 2026 | 2025-08-31 | $1.5M | $1.1M | +270.57% |
| Q1 2026 | 2025-05-31 | $635,711 | $304,600 | +91.99% |
| Q4 2025 | 2025-02-28 | $384,889 | −$340,064 | −46.91% |
| Q3 2025 | 2024-11-30 | $513,325 | −$92,684 | −15.29% |
| Q2 2025 | 2024-08-31 | $397,665 | $163,596 | +69.89% |
| Q1 2025 | 2024-05-31 | $331,111 | $54,251 | +19.60% |
| Q4 2024 | 2024-02-29 | $724,953 | — | — |
| Q3 2024 | 2023-11-30 | $606,009 | $408,204 | +206.37% |
| Q2 2024 | 2023-08-31 | $234,069 | −$24,961 | −9.64% |
| Q1 2024 | 2023-05-31 | $276,860 | $118,409 | +74.73% |
| Q3 2023 | 2022-11-30 | $197,805 | — | — |
| Q2 2023 · Sep 30 | 2022-09-30 | $197,805 | $19,121 | +10.70% |
| Q2 2023 · Aug 31 | 2022-08-31 | $259,030 | — | — |
| Q1 2023 | 2022-05-31 | $158,451 | — | — |
| Q2 2022 | 2021-09-30 | $178,684 | — | — |
Medinotec operating expenses trends
Between the periods ended 2022-02-28 and 2026-02-28, Medinotec's operating expenses increased from $645,770 to $4.0M, a change of $3.4M. The latest reported quarter, Q1 2027, shows $1.1M.
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 Medinotec source filings ↗