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 925,601.88 Bn 925,601.85 Bn - 4.33 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - 32.68 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 2.97 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -138.30 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -3.82 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 15.76 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 574,669.00
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.85 Bn
9 Abivax 91.96 Bn 91.96 Bn - -67.40 Mn
10 Regeneron Pharmaceuticals 63.43 Bn 54.67 Bn 3.31 Bn 2.96 Bn

Historic Data

Download Data
DateValue
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