Altimmune (ALT) Operating Expenses (2010 - 2026)

Altimmune (ALT) reported Operating Expenses of $24.2 million for Q1 2026, up 11.11% year-over-year from $21.8 million in Q1 2025, and down 16.17% quarter-over-quarter from $28.9 million in Q4 2025.

Altimmune (ALT) Operating Expenses (2010 - 2026) Analysis & Trends

Altimmune (ALT) has 17 years of Operating Expenses data on file, last reported at $24.2 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $24.2 million, up 11.11% year-over-year; the trailing twelve-month figure through Mar 2026 was $97.0 million (down 1.28% YoY), and the FY2025 annual result was $94.5 million, down 8.39% from the prior year.
  • Operating Expenses slipped to $24.2 million in Q1 2026 per ALT's latest filing, from $28.9 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $33.7 million in Q4 2023 and troughed at $18.0 million in Q2 2023.
  • A 5-year average of $23.9 million and a median of $23.0 million in 2022 frame the typical range for Operating Expenses.
  • On a YoY basis, Operating Expenses climbed as much as 48.5% in 2024 and fell as far as 26.11% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $23.0 million in 2022, then soared by 46.45% to $33.7 million in 2023, then retreated by 26.11% to $24.9 million in 2024, then gained by 16.28% to $28.9 million in 2025, then fell by 16.17% to $24.2 million in 2026.
  • Business Quant data shows ALT's Operating Expenses at $24.2 million in Q1 2026, $28.9 million in Q4 2025, and $20.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 4.33 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - 32.68 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 2.97 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -138.30 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -3.82 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 15.76 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 574,669.00
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.85 Bn
9 Abivax 91.96 Bn 91.96 Bn - -67.40 Mn
10 Altimmune 336.67 Mn 336.67 Mn - 24.24 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 24.24 Mn
Dec 31, 2025 28.92 Mn
Sep 30, 2025 20.86 Mn
Jun 30, 2025 22.93 Mn
Mar 31, 2025 21.82 Mn
Dec 31, 2024 24.87 Mn
Sep 30, 2024 24.77 Mn
Jun 30, 2024 26.75 Mn
Mar 31, 2024 26.80 Mn
Dec 31, 2023 33.66 Mn
Sep 30, 2023 22.90 Mn
Jun 30, 2023 18.01 Mn
Mar 31, 2023 21.78 Mn
Dec 31, 2022 22.98 Mn
Sep 30, 2022 24.75 Mn
Jun 30, 2022 20.40 Mn
Mar 31, 2022 19.53 Mn
Dec 31, 2021 27.26 Mn
Sep 30, 2021 33.36 Mn
Jun 30, 2021 25.00 Mn