Abivax (ABVX) Operating Expenses (2024 - 2026)
Abivax (ABVX) recorded quarterly Operating Expenses of -$67.4 million in Q1 2026, down 113.49% quarter-over-quarter from $499.6 million in Q4 2025, and down 32.96% on a YoY basis from -$100.5 million in Q1 2025.
Abivax (ABVX) Operating Expenses (2024 - 2026) Analysis & Trends
Abivax's Operating Expenses history runs 3 years deep, the most recent figure standing at -$67.4 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 32.96% year-over-year to -$67.4 million; the TTM figure through Mar 2026 stood at $281.5 million (up 44.68% YoY), while the FY2025 annual figure was $291.7 million, up 47.23% from the prior year.
- Operating Expenses was -$67.4 million for Q1 2026 at Abivax, down from $499.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $499.6 million in Q4 2025 to a low of -$96.7 million in Q3 2025.
- Historically, Operating Expenses has averaged $47.4 million across 3 years, with a median of -$50.7 million in 2025.
- Biggest YoY gain for Operating Expenses was 44.4% in 2025; the steepest drop was 71.01% in 2025.
- A 3-year view of Operating Expenses shows it stood at $346.0 million in 2024, then surged by 44.4% to $499.6 million in 2025, then plunged by 113.49% to -$67.4 million in 2026.
- The last three Operating Expenses figures came in at -$67.4 million (Q1 2026), $499.6 million (Q4 2025), and -$96.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 723,416.35 Bn | 723,416.32 Bn | - | 4.33 Mn |
| 2 | Belite Bio | 57,340.00 Bn | 57,340.00 Bn | - | 32.68 Mn |
| 3 | Quantum Biopharma | 19,125.08 Bn | 19,125.08 Bn | - | 2.97 Mn |
| 4 | Legend Biotech | 3,262.00 Bn | 3,261.71 Bn | 242.10 Mn | -138.30 Mn |
| 5 | Akari Therapeutics | 1,789.67 Bn | 1,789.67 Bn | - | 15.76 Mn |
| 6 | Evaxion A | 1,480.39 Bn | 1,480.37 Bn | - | -3.82 Mn |
| 7 | Psyence Biomedical | 241.78 Bn | 241.78 Bn | - | 574,669.00 |
| 8 | Vertex Pharmaceuticals | 113.54 Bn | 106.29 Bn | 2.59 Bn | 1.85 Bn |
| 9 | Abivax | 94.26 Bn | 94.26 Bn | - | -67.40 Mn |
| 10 | Regeneron Pharmaceuticals | 66.09 Bn | 57.33 Bn | 3.31 Bn | 2.96 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -67.40 Mn |
| Dec 31, 2025 | 499.57 Mn |
| Sep 30, 2025 | -96.75 Mn |
| Jun 30, 2025 | -53.87 Mn |
| Mar 31, 2025 | -50.69 Mn |
| Dec 31, 2024 | 345.97 Mn |
| Sep 30, 2024 | -56.57 Mn |
| Jun 30, 2024 | -44.10 Mn |
| Mar 31, 2024 | -49.82 Mn |