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Mereo BioPharma Group vs Medicinova: MREO and MNOV compared

Mereo BioPharma Group is the larger company: $500K of revenue in its latest quarter (Q2 2025) against $458K for Medicinova (Q2 2026).

Mereo BioPharma Group vs Medicinova, latest quarterMereo BioPharma Group vs Medicinova, latest quarterMereo BioPharma Group (MREO)Medicinova (MNOV)Revenue$500K$458KOperating marginn/m-554.3%

Where the money goes: MREO and MNOV

Mereo BioPharma Group (MREO) · Q2 2025

Mereo BioPharma Group, Q2 2025: revenue $500K, net loss $14.6M, operating cash flow −$7.7M. The chart follows the revenue to costs, profit and cash.

Medicinova (MNOV) · Q2 2026

Medicinova, Q2 2026: revenue $458K (+241% year over year), operating margin -554.3%, net loss $2.3M, operating cash flow −$1.9M. The chart follows the revenue to costs, profit and cash.

Mereo BioPharma Group (MREO)Medicinova (MNOV)
Latest quarterQ2 2025Q2 2026
Revenue$500K$458K
Revenue growth, Y/Y—+241%
Operating marginn/m-554.3%
Net earnings−$14.6M−$2.3M
Net margin—-504.8%
Operating cash flow−$7.7M−$1.9M

Questions

Which is bigger, Mereo BioPharma Group or Medicinova?

Mereo BioPharma Group is the larger company: $500K of revenue in its latest quarter (Q2 2025) against $458K for Medicinova (Q2 2026).

More: Mereo BioPharma Group earnings · how Mereo BioPharma Group makes money · Medicinova earnings · how Medicinova makes money

From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 12, 2025; 10-Q filed Aug 13, 2026). Fiscal quarters can end on different dates. Not investment advice.