Alpha Cognition (ACOG) Operating Expenses (2023 - 2025)
Alpha Cognition's (ACOG) quarterly Operating Expenses came in at $10.2 million in Q4 2025, up 278.23% year-on-year from $2.7 million in Q4 2024, and up 62.64% quarter-over-quarter from $6.3 million in Q3 2025.
Alpha Cognition (ACOG) Operating Expenses (2023 - 2025) Analysis & Trends
Alpha Cognition's Operating Expenses history runs 3 years deep, the most recent figure standing at $10.2 million for Q4 2025.
- On a quarterly basis, Operating Expenses rose 278.23% year-over-year to $10.2 million in Q4 2025; TTM through Dec 2025 was $32.9 million, a 173.72% increase from a year earlier, with the FY2025 full-year figure at $32.9 million, up 173.72% from the prior year.
- Operating Expenses climbed to $10.2 million in Q4 2025 per ACOG's latest filing, from $6.3 million in the prior quarter.
- Across five years, Operating Expenses topped out at $10.2 million in Q4 2025 and bottomed at $2.4 million in Q4 2023.
- The 3-year median for Operating Expenses is $2.8 million (2023), against an average of $4.8 million.
- Across the five-year window, Operating Expenses declined 11.25% in 2024 and surged 317.35% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $2.4 million in 2023, then rose by 11.24% to $2.7 million in 2024, then soared by 278.23% to $10.2 million in 2025.
- Per Business Quant, the three latest ACOG Operating Expenses figures stand at $10.2 million (Q4 2025), $6.3 million (Q3 2025), and $10.1 million (Q2 2025).
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 | Alpha Cognition | 145.51 Mn | 79.41 Mn | 2.61 Mn | 10.18 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 10.18 Mn |
| Sep 30, 2025 | 6.26 Mn |
| Jun 30, 2025 | 10.10 Mn |
| Mar 31, 2025 | 6.33 Mn |
| Dec 31, 2024 | 2.69 Mn |
| Sep 30, 2024 | 2.49 Mn |
| Jun 30, 2024 | 2.42 Mn |
| Mar 31, 2024 | 4.41 Mn |
| Dec 31, 2023 | 2.42 Mn |
| Sep 30, 2023 | 2.77 Mn |
| Jun 30, 2023 | 2.73 Mn |