Arbutus Biopharma (ABUS) Operating Expenses (2013 - 2026)

Arbutus Biopharma (ABUS) posted quarterly Operating Expenses of $10.2 million for Q1 2026, down 62.79% year-on-year from $27.5 million in Q1 2025, and up 61.14% on a QoQ basis from $6.3 million in Q4 2025.

Arbutus Biopharma (ABUS) Operating Expenses (2013 - 2026) Analysis & Trends

Arbutus Biopharma (ABUS) has reported Operating Expenses for 14 consecutive years, with $10.2 million the latest figure, recorded in Q1 2026.

  • Quarterly Operating Expenses fell 62.79% year-over-year to $10.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $35.0 million (down 60.7% YoY) and the FY2025 annual result came in at $52.2 million, down 36.67% from the prior year.
  • Operating Expenses rose to $10.2 million in Q1 2026 per ABUS's latest filing, from $6.3 million in the prior quarter.
  • Over the last five years, Operating Expenses for ABUS reached as high as $28.8 million in Q4 2022 and fell as low as $6.3 million in Q4 2025.
  • A 5-year average of $20.3 million and a median of $23.0 million in 2023 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses soared 35.19% — and 2026, when it sank 62.79%.
  • Year by year, Operating Expenses stood at $28.8 million in 2022, then declined by 20.53% to $22.9 million in 2023, then tumbled by 32.26% to $15.5 million in 2024, then sank by 59.11% to $6.3 million in 2025, then jumped by 61.14% to $10.2 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $10.2 million, $6.3 million, and $9.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -28.01 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 1.10 Bn
4 NuCana 279.75 Bn 279.75 Bn - -3.78 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.85 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 2.96 Bn
7 Belite Bio 62.51 Bn 62.51 Bn - 32.68 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 2.89 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn - 445.22 Mn
10 Arbutus Biopharma 880.36 Mn 785.13 Mn - 10.22 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 10.22 Mn
Dec 31, 2025 6.34 Mn
Sep 30, 2025 9.19 Mn
Jun 30, 2025 9.25 Mn
Mar 31, 2025 27.46 Mn
Dec 31, 2024 15.51 Mn
Sep 30, 2024 22.78 Mn
Jun 30, 2024 23.31 Mn
Mar 31, 2024 20.90 Mn
Dec 31, 2023 22.89 Mn
Sep 30, 2023 26.22 Mn
Jun 30, 2023 23.04 Mn
Mar 31, 2023 24.10 Mn
Dec 31, 2022 28.81 Mn
Sep 30, 2022 23.76 Mn
Jun 30, 2022 28.35 Mn
Mar 31, 2022 23.56 Mn
Dec 31, 2021 24.00 Mn
Sep 30, 2021 21.75 Mn
Jun 30, 2021 20.97 Mn