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

Akebia Therapeutics (AKBA) reported Operating Expenses of $45.9 million for Q1 2026, up 26.94% year-over-year from $36.2 million in Q1 2025, and down 14.34% quarter-over-quarter 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.

  • Operating Expenses for Q1 2026 came in at $45.9 million, up 26.94% year-over-year; the trailing twelve-month figure through Mar 2026 was $183.0 million (up 23.86% YoY), and the FY2025 annual result was $173.2 million, up 17.47% from the prior year.
  • Operating Expenses slipped to $45.9 million in Q1 2026 per AKBA's latest filing, from $53.6 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $88.8 million in Q1 2022 and troughed at $35.3 million in Q2 2024.
  • A 5-year average of $48.3 million and a median of $44.9 million in 2025 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2023 and 2025: Operating Expenses plunged 48.89% in 2023, then jumped 32.64% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $64.1 million in 2022, then sank by 43.58% to $36.2 million in 2023, then gained by 11.84% to $40.4 million in 2024, then jumped by 32.64% to $53.6 million in 2025, then decreased by 14.34% to $45.9 million in 2026.
  • Business Quant data shows AKBA's Operating Expenses at $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 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn 526.00 Mn
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn 788.00 Mn
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn 455.70 Mn
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn 19.40 Mn
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn 621.10 Mn
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn 478.00 Mn
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn 441.19 Mn
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn 475.11 Mn
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn 96.91 Mn
10 Akebia Therapeutics 243.23 Mn 80.63 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