Alto Neuroscience (ANRO) Operating Expenses (2023 - 2026)
Alto Neuroscience (ANRO) reported Operating Expenses of $27.1 million for Q1 2026, up 73.12% on a YoY basis from $15.7 million in Q1 2025, and up 59.12% sequentially from $17.1 million in Q4 2025.
Alto Neuroscience (ANRO) Operating Expenses (2023 - 2026) Analysis & Trends
Alto Neuroscience (ANRO) has 4 years of Operating Expenses data on file, last reported at $27.1 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 73.12% year-over-year to $27.1 million; the trailing twelve-month figure through Mar 2026 stood at $77.8 million (up 11.34% YoY), and the FY2025 full-year result was $66.4 million, down 3.27% from the prior year.
- Operating Expenses grew to $27.1 million in Q1 2026, from $17.1 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $27.1 million in Q1 2026 to a low of $7.2 million in Q1 2023.
- A 4-year average of $15.4 million and a median of $15.7 million in 2025 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses soared 101.0% in 2024 and decreased 20.84% in 2025, its largest moves.
- Tracing ANRO's Operating Expenses over 4 years: stood at $11.8 million in 2023, then soared by 44.47% to $17.0 million in 2024, then climbed by 0.34% to $17.1 million in 2025, then soared by 59.12% to $27.1 million in 2026.
- Business Quant data shows ANRO's Operating Expenses at $27.1 million in Q1 2026, $17.1 million in Q4 2025, and $15.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | -28.01 Mn |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | 15.76 Mn |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 1.10 Bn |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | 1.85 Bn |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 2.96 Bn |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | 32.68 Mn |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | -919.00 Mn |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | 445.22 Mn |
| 10 | Alto Neuroscience | 869.36 Mn | 869.36 Mn | - | 27.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 27.14 Mn |
| Dec 31, 2025 | 17.06 Mn |
| Sep 30, 2025 | 14.95 Mn |
| Jun 30, 2025 | 18.68 Mn |
| Mar 31, 2025 | 15.68 Mn |
| Dec 31, 2024 | 17.00 Mn |
| Sep 30, 2024 | 18.89 Mn |
| Jun 30, 2024 | 18.34 Mn |
| Mar 31, 2024 | 14.39 Mn |
| Dec 31, 2023 | 11.77 Mn |
| Sep 30, 2023 | 9.72 Mn |
| Jun 30, 2023 | 9.13 Mn |
| Mar 31, 2023 | 7.20 Mn |