Akebia Therapeutics (AKBA) Operating Expenses (2013 - 2026)

Akebia Therapeutics' (AKBA) quarterly Operating Expenses came in at $45.9 million in Q1 2026, up 26.94% year-on-year from $36.2 million in Q1 2025, and down 14.34% on a QoQ basis from $53.6 million in Q4 2025.

Akebia Therapeutics (AKBA) Operating Expenses (2013 - 2026) Analysis & Trends

Akebia Therapeutics (AKBA) has 14 years of Operating Expenses data on file, last reported at $45.9 million in Q1 2026.

  • On a quarterly basis, Operating Expenses rose 26.94% year-over-year to $45.9 million in Q1 2026; TTM through Mar 2026 was $183.0 million, a 23.86% increase from a year earlier, with the FY2025 full-year figure at $173.2 million, up 17.47% from the prior year.
  • Operating Expenses for Q1 2026 stood at $45.9 million, down from $53.6 million in the prior quarter.
  • Over the last five years, Operating Expenses for AKBA reached as high as $88.8 million in Q1 2022 and fell as low as $35.3 million in Q2 2024.
  • Historically, Operating Expenses has averaged $48.3 million across 5 years, with a median of $44.9 million in 2025.
  • Across the five-year window, Operating Expenses slumped 48.89% in 2023 and surged 32.64% in 2025, its largest moves.
  • Year by year, Operating Expenses stood at $64.1 million in 2022, then slumped by 43.58% to $36.2 million in 2023, then grew by 11.84% to $40.4 million in 2024, then jumped by 32.64% to $53.6 million in 2025, then declined by 14.34% to $45.9 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $45.9 million in Q1 2026, $53.6 million in Q4 2025, and $44.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Haleon 88.07 Bn 86.20 Bn - -
2 Teva Pharmaceutical Industries 35.75 Bn 32.01 Bn 1.97 Bn 1.00 Bn
3 Zoetis 31.84 Bn 29.90 Bn 1.62 Bn 788.00 Mn
4 Takeda Pharmaceutical 27.18 Bn 23.12 Bn 4.39 Bn 12.58 Bn
5 United Therapeutics 23.09 Bn 20.93 Bn 648.10 Mn 455.70 Mn
6 RedHill Biopharma 21.32 Bn 21.32 Bn - -
7 Viatris 19.96 Bn 18.16 Bn 1.16 Bn 1.24 Bn
8 Neurocrine Biosciences 17.66 Bn 16.34 Bn 800.70 Mn 621.10 Mn
9 Elanco Animal Health 12.44 Bn 12.02 Bn 785.00 Mn 494.00 Mn
10 Akebia Therapeutics 328.47 Mn 165.87 Mn 41.25 Mn 45.95 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 45.95 Mn
Dec 31, 2025 53.64 Mn
Sep 30, 2025 44.93 Mn
Jun 30, 2025 38.46 Mn
Mar 31, 2025 36.20 Mn
Dec 31, 2024 40.44 Mn
Sep 30, 2024 35.77 Mn
Jun 30, 2024 35.33 Mn
Mar 31, 2024 35.94 Mn
Dec 31, 2023 36.16 Mn
Sep 30, 2023 37.07 Mn
Jun 30, 2023 48.09 Mn
Mar 31, 2023 45.41 Mn
Dec 31, 2022 64.08 Mn
Sep 30, 2022 60.84 Mn
Jun 30, 2022 73.69 Mn
Mar 31, 2022 88.85 Mn
Dec 31, 2021 75.39 Mn
Sep 30, 2021 87.70 Mn
Jun 30, 2021 79.76 Mn