Growth Metrics

AC Immune (ACIU) Operating Expenses (2015 - 2026)

AC Immune (ACIU) reported 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% on a QoQ basis from -$18.4 million in Q4 2025.

AC Immune (ACIU) has 12 years of Operating Expenses data on file, last reported at -$20.3 million in Q1 2026.

  • Quarterly Operating Expenses rose 10.3% year-over-year to -$20.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$85.1 million (up 5.58% YoY) and the FY2025 annual result came in at -$87.9 million, up 3.35% from the prior year.
  • Operating Expenses slipped 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.
  • The 5-year median for Operating Expenses is -$20.6 million (2022), against an average of -$20.8 million.
  • The widest annual swing landed in 2022, when Operating Expenses increased 21.46%; it then retreated 26.27% in 2024.
  • Tracing ACIU's Operating Expenses over 5 years: stood at -$19.4 million in 2022, then retreated by 6.54% to -$20.7 million in 2023, then retreated by 9.06% to -$22.6 million in 2024, then advanced by 18.26% to -$18.4 million in 2025, then decreased by 10.21% to -$20.3 million in 2026.
  • Per Business Quant, the three latest ACIU Operating Expenses figures stand at -$20.3 million (Q1 2026), -$18.4 million (Q4 2025), and -$21.4 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Quantum Biopharma 961,148.99 Bn 961,148.98 Bn - 2.97 Mn
2 Alterity Therapeutics 744,933.29 Bn 744,933.26 Bn - 4.33 Mn
3 Legend Biotech 2,540.00 Bn 2,539.71 Bn 242.10 Mn -138.30 Mn
4 Nanobiotix 2,199.85 Bn 2,199.78 Bn - -
5 Akari Therapeutics 1,635.88 Bn 1,635.88 Bn - 15.76 Mn
6 Vertex Pharmaceuticals 111.32 Bn 104.07 Bn 2.59 Bn 1.85 Bn
7 Evaxion A 62.56 Bn 62.54 Bn - -3.82 Mn
8 Regeneron Pharmaceuticals 62.55 Bn 53.79 Bn 3.31 Bn 2.96 Bn
9 Alnylam Pharmaceuticals 39.57 Bn 36.56 Bn 959.66 Mn 898.54 Mn
10 AC Immune 325.88 Mn 211.53 Mn - -20.31 Mn

Historic Data

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DateValue
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
Jun 30, 2021 -20.50 Mn
Mar 31, 2021 -19.08 Mn
Dec 31, 2020 -22.58 Mn
Sep 30, 2020 -21.65 Mn
Jun 30, 2020 -17.40 Mn
Mar 31, 2020 -20.25 Mn
Dec 31, 2019 -19.89 Mn
Sep 30, 2019 -15.66 Mn
Jun 30, 2019 -16.24 Mn
Mar 31, 2019 -14.95 Mn
Dec 31, 2018 -15.68 Mn
Sep 30, 2018 -14.71 Mn
Jun 30, 2018 -13.81 Mn
Mar 31, 2018 -13.48 Mn
Dec 31, 2017 -17.36 Mn
Sep 30, 2017 2.60 Mn
Jun 30, 2017 2.23 Mn
Mar 31, 2017 -9.80 Mn
Dec 31, 2016 15.68 Mn
Sep 30, 2016 -9.65 Mn
Jun 30, 2016 1.96 Mn
Mar 31, 2016 -6.31 Mn
Dec 31, 2015 -20.79 Mn
Sep 30, 2015 -5.24 Mn