AC Immune ACIU
NASDAQ ACIU
$2.86 -0.07 (-2.39%)
At close: Sep 4, 2026 · 4:00 PM EDT

AC Immune (ACIU) Operating Expenses (2014 - 2026)

AC Immune (ACIU) posted quarterly Operating Expenses of -$20.3 million for Q1 2026, up 10.3% year-over-year from -$18.4 million in Q1 2025, and down 10.21% quarter-over-quarter from -$18.4 million in Q4 2025.

Analysis

AC Immune (ACIU) Operating Expenses (2014 - 2026) Analysis & Trends

AC Immune (ACIU) has reported Operating Expenses for 12 consecutive years, with -$20.3 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Expenses rose 10.3% year-over-year to -$20.3 million; the TTM figure through Mar 2026 stood at -$85.1 million (up 5.58% YoY), while the FY2025 annual figure was -$87.9 million, up 3.35% from the prior year.
  • Operating Expenses declined to -$20.3 million in Q1 2026 per ACIU's latest filing, from -$18.4 million in the prior quarter.
  • Across five years, Operating Expenses topped out at -$17.5 million in Q3 2023 and bottomed at -$25.0 million in Q2 2025.
  • Historically, Operating Expenses has averaged -$20.8 million across 5 years, with a median of -$20.6 million in 2022.
  • Annual changes were most pronounced in 2022 — Operating Expenses gained 21.46% — and 2024, when it slipped 26.27%.
  • AC Immune's Operating Expenses stood at -$19.4 million in 2022, then dropped by 6.54% to -$20.7 million in 2023, then dropped by 9.06% to -$22.6 million in 2024, then increased by 18.26% to -$18.4 million in 2025, then declined by 10.21% to -$20.3 million in 2026.
  • Business Quant data shows ACIU's Operating Expenses at -$20.3 million in Q1 2026, -$18.4 million in Q4 2025, and -$21.4 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Vertex Pharmaceuticals 138.47 Bn 130.62 Bn 2.84 Bn 2.09 Bn
2 Regeneron Pharmaceuticals 85.18 Bn 77.19 Bn 3.93 Bn 3.00 Bn
3 Argenx Se 63.38 Bn 58.19 Bn 1.37 Bn -1.05 Bn
4 Moderna 58.09 Bn 52.95 Bn 52.00 Mn 960.00 Mn
5 Revolution Medicines 44.33 Bn 44.33 Bn - 505.13 Mn
6 BeOne Medicines 40.02 Bn 34.92 Bn 1.53 Bn 1.21 Bn
7 Alnylam Pharmaceuticals 35.57 Bn 32.27 Bn 992.69 Mn 1.06 Bn
8 Royalty Pharma 28.45 Bn 27.61 Bn - 541.02 Mn
9 Insmed 27.48 Bn 26.32 Bn 358.27 Mn 427.03 Mn
10 AC Immune 285.13 Mn 285.13 Mn - -17.61 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -17.61 Mn
Mar 31, 2026 -20.31 Mn
Dec 31, 2025 -18.43 Mn
Sep 30, 2025 -21.38 Mn
Jun 30, 2025 -25.00 Mn
Mar 31, 2025 -22.65 Mn
Dec 31, 2024 -22.55 Mn
Sep 30, 2024 -21.03 Mn
Jun 30, 2024 -23.94 Mn
Mar 31, 2024 -22.99 Mn
Dec 31, 2023 -20.68 Mn
Sep 30, 2023 -17.51 Mn
Jun 30, 2023 -18.96 Mn
Mar 31, 2023 -19.00 Mn
Dec 31, 2022 -19.41 Mn
Sep 30, 2022 -18.01 Mn
Jun 30, 2022 -20.62 Mn
Mar 31, 2022 -20.39 Mn
Dec 31, 2021 -24.71 Mn
Sep 30, 2021 -22.09 Mn