Alx Oncology Holdings (ALXO) Operating Expenses (2019 - 2026)
Alx Oncology Holdings (ALXO) posted Operating Expenses of $19.0 million for Q1 2026, down 17.61% sequentially from $23.0 million in Q4 2025, and down 40.4% YoY from $31.8 million in Q1 2025.
Analysis
Alx Oncology Holdings (ALXO) Operating Expenses (2019 - 2026) Analysis & Trends
Alx Oncology Holdings has reported Operating Expenses for 8 years, with the latest figure at $19.0 million in Q1 2026.
- Quarterly Operating Expenses fell 40.4% year-over-year to $19.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $91.2 million (down 33.22% YoY) and the FY2025 annual result came in at $104.0 million, down 26.99% from the prior year.
- Operating Expenses declined to $19.0 million in Q1 2026 per ALXO's latest filing, from $23.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $53.3 million in Q3 2023 and troughed at $19.0 million in Q1 2026.
- A 5-year average of $33.1 million and a median of $32.2 million in 2022 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2026: Operating Expenses surged 107.31% in 2022, then slumped 40.4% in 2026.
- Over 5 years, Operating Expenses stood at $32.2 million in 2022, then surged by 49.05% to $48.0 million in 2023, then slumped by 36.25% to $30.6 million in 2024, then declined by 24.8% to $23.0 million in 2025, then fell by 17.61% to $19.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $19.0 million, $23.0 million, and $22.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.78 Bn | 130.92 Bn | 2.84 Bn | 2.09 Bn |
| 2 | Regeneron Pharmaceuticals | 85.50 Bn | 77.51 Bn | 3.93 Bn | 3.00 Bn |
| 3 | Argenx Se | 63.51 Bn | 58.32 Bn | 1.37 Bn | -1.05 Bn |
| 4 | Moderna | 58.06 Bn | 52.92 Bn | 52.00 Mn | 960.00 Mn |
| 5 | Revolution Medicines | 44.04 Bn | 44.04 Bn | - | 505.13 Mn |
| 6 | BeOne Medicines | 40.04 Bn | 34.94 Bn | 1.53 Bn | 1.21 Bn |
| 7 | Alnylam Pharmaceuticals | 35.45 Bn | 32.14 Bn | 992.69 Mn | 1.06 Bn |
| 8 | Royalty Pharma | 28.41 Bn | 27.57 Bn | - | 541.02 Mn |
| 9 | Insmed | 27.42 Bn | 26.26 Bn | 358.27 Mn | 427.03 Mn |
| 10 | Alx Oncology Holdings | 273.99 Mn | 273.99 Mn | - | 18.03 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.03 Mn |
| Mar 31, 2026 | 18.97 Mn |
| Dec 31, 2025 | 23.02 Mn |
| Sep 30, 2025 | 22.53 Mn |
| Jun 30, 2025 | 26.65 Mn |
| Mar 31, 2025 | 31.82 Mn |
| Dec 31, 2024 | 30.61 Mn |
| Sep 30, 2024 | 32.57 Mn |
| Jun 30, 2024 | 41.53 Mn |
| Mar 31, 2024 | 37.76 Mn |
| Dec 31, 2023 | 48.02 Mn |
| Sep 30, 2023 | 53.28 Mn |
| Jun 30, 2023 | 36.78 Mn |
| Mar 31, 2023 | 32.20 Mn |
| Dec 31, 2022 | 32.22 Mn |
| Sep 30, 2022 | 36.68 Mn |
| Jun 30, 2022 | 33.79 Mn |
| Mar 31, 2022 | 24.75 Mn |
| Dec 31, 2021 | 28.47 Mn |
| Sep 30, 2021 | 24.58 Mn |