Addex Therapeutics (ADXN) Operating Expenses (2018 - 2025)

Addex Therapeutics' (ADXN) quarterly Operating Expenses came in at $6.5 million in Q4 2025, down 3.5% year-on-year from $6.7 million in Q4 2024, and up 795.14% quarter-over-quarter from -$932300.4 in Q3 2025.

Addex Therapeutics (ADXN) Operating Expenses (2018 - 2025) Analysis & Trends

Addex Therapeutics has disclosed Operating Expenses across 8 years of filings, most recently posting $6.5 million for Q4 2025.

  • Operating Expenses for Q4 2025 came in at $6.5 million, down 3.5% year-over-year; the trailing twelve-month figure through Dec 2025 was $3.9 million (up 6.31% YoY), and the FY2025 annual result was $3.6 million, changed 0.28% from the prior year.
  • Operating Expenses came in at $6.5 million for Q4 2025 at Addex Therapeutics, up from -$932300.4 in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $35.4 million in Q4 2021 to a low of -$7.6 million in Q2 2022.
  • The 5-year median for Operating Expenses is -$1.0 million (2023), against an average of $2.2 million.
  • Peak annual rise in Operating Expenses reached 85.54% in 2023, while the deepest fall reached 75.13% in 2023.
  • Addex Therapeutics' Operating Expenses stood at $35.4 million in 2021, then decreased by 12.46% to $31.0 million in 2022, then slumped by 75.13% to $7.7 million in 2023, then declined by 12.86% to $6.7 million in 2024, then dropped by 3.5% to $6.5 million in 2025.
  • The last three Operating Expenses figures came in at $6.5 million (Q4 2025), -$932300.4 (Q3 2025), and -$929197.3 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alterity Therapeutics 788,338.31 Bn 788,338.28 Bn - 4.33 Mn
2 Belite Bio 56,560.00 Bn 56,560.00 Bn - 32.68 Mn
3 Quantum Biopharma 17,329.30 Bn 17,329.30 Bn - 2.97 Mn
4 Legend Biotech 3,341.00 Bn 3,340.71 Bn 242.10 Mn -138.30 Mn
5 Akari Therapeutics 1,727.91 Bn 1,727.91 Bn - 15.76 Mn
6 Evaxion A 1,536.68 Bn 1,536.67 Bn - -3.82 Mn
7 Psyence Biomedical 238.34 Bn 238.33 Bn - 574,669.00
8 Vertex Pharmaceuticals 113.42 Bn 106.17 Bn 2.59 Bn 1.85 Bn
9 Abivax 95.45 Bn 95.45 Bn - -67.40 Mn
10 Addex Therapeutics 1.08 Bn 1.08 Bn - 6.48 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 6.48 Mn
Sep 30, 2025 -932,300.42
Jun 30, 2025 -929,197.34
Mar 31, 2025 -753,346.20
Dec 31, 2024 6.72 Mn
Sep 30, 2024 -785,491.12
Jun 30, 2024 -1.12 Mn
Mar 31, 2024 -1.17 Mn
Dec 31, 2023 7.71 Mn
Sep 30, 2023 -1.22 Mn
Jun 30, 2023 -1.14 Mn
Mar 31, 2023 -940,290.34
Dec 31, 2022 30.99 Mn
Sep 30, 2022 -4.75 Mn
Jun 30, 2022 -7.56 Mn
Mar 31, 2022 -6.50 Mn
Dec 31, 2021 35.40 Mn
Sep 30, 2021 -4.72 Mn
Jun 30, 2021 -6.12 Mn
Mar 31, 2021 -4.50 Mn