Armata Pharmaceuticals (ARMP) Operating Expenses (2013 - 2026)

Armata Pharmaceuticals (ARMP) reported Operating Expenses of $9.6 million for Q1 2026, up 10.27% on a YoY basis from $8.7 million in Q1 2025, and down 35.78% sequentially from $14.9 million in Q4 2025.

Armata Pharmaceuticals (ARMP) Operating Expenses (2013 - 2026) Analysis & Trends

Armata Pharmaceuticals (ARMP) has 14 years of Operating Expenses data on file, last reported at $9.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 10.27% year-over-year to $9.6 million; the trailing twelve-month figure through Mar 2026 stood at $42.4 million (down 5.92% YoY), and the FY2025 full-year result was $41.5 million, down 12.75% from the prior year.
  • Operating Expenses fell to $9.6 million in Q1 2026, from $14.9 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $14.9 million in Q4 2025 to a low of $8.7 million in Q1 2025.
  • A 5-year average of $11.0 million and a median of $11.1 million in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses jumped 61.7% in 2022 and slipped 29.81% in 2025, its largest moves.
  • Tracing ARMP's Operating Expenses over 5 years: stood at $11.4 million in 2022, then declined by 2.39% to $11.1 million in 2023, then climbed by 6.01% to $11.8 million in 2024, then advanced by 26.62% to $14.9 million in 2025, then slumped by 35.78% to $9.6 million in 2026.
  • Business Quant data shows ARMP's Operating Expenses at $9.6 million in Q1 2026, $14.9 million in Q4 2025, and $8.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -28.01 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 1.10 Bn
4 NuCana 279.75 Bn 279.75 Bn - -3.78 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.85 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 2.96 Bn
7 Belite Bio 62.51 Bn 62.51 Bn - 32.68 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 2.89 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn - 445.22 Mn
10 Armata Pharmaceuticals 191.29 Mn 186.49 Mn - 9.57 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 9.57 Mn
Dec 31, 2025 14.91 Mn
Sep 30, 2025 8.94 Mn
Jun 30, 2025 9.01 Mn
Mar 31, 2025 8.68 Mn
Dec 31, 2024 11.77 Mn
Sep 30, 2024 12.73 Mn
Jun 30, 2024 11.91 Mn
Mar 31, 2024 11.19 Mn
Dec 31, 2023 11.11 Mn
Sep 30, 2023 11.56 Mn
Jun 30, 2023 10.61 Mn
Mar 31, 2023 12.14 Mn
Dec 31, 2022 11.38 Mn
Sep 30, 2022 9.96 Mn
Jun 30, 2022 11.10 Mn
Mar 31, 2022 10.01 Mn
Dec 31, 2021 7.04 Mn
Sep 30, 2021 7.39 Mn
Jun 30, 2021 7.36 Mn