Armata Pharmaceuticals (ARMP) Operating Expenses (2013 - 2026)
Armata Pharmaceuticals' (ARMP) quarterly Operating Expenses came in at $9.6 million in Q1 2026, up 10.27% year-on-year from $8.7 million in Q1 2025, and down 35.78% quarter-over-quarter from $14.9 million in Q4 2025.
Armata Pharmaceuticals (ARMP) Operating Expenses (2013 - 2026) Analysis & Trends
Armata Pharmaceuticals has disclosed Operating Expenses across 14 years of filings, most recently posting $9.6 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $9.6 million, up 10.27% year-over-year; the trailing twelve-month figure through Mar 2026 was $42.4 million (down 5.92% YoY), and the FY2025 annual result was $41.5 million, down 12.75% from the prior year.
- Operating Expenses came in at $9.6 million for Q1 2026 at Armata Pharmaceuticals, down 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.
- The 5-year median for Operating Expenses is $11.1 million (2023), against an average of $11.0 million.
- Across the five-year window, Operating Expenses jumped 61.7% in 2022 and slipped 29.81% in 2025, its largest moves.
- Armata Pharmaceuticals' Operating Expenses stood at $11.4 million in 2022, then fell by 2.39% to $11.1 million in 2023, then grew by 6.01% to $11.8 million in 2024, then climbed by 26.62% to $14.9 million in 2025, then sank by 35.78% to $9.6 million in 2026.
- The last three Operating Expenses figures came in at $9.6 million (Q1 2026), $14.9 million (Q4 2025), and $8.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 814,307.08 Bn | 814,307.05 Bn | - | 4.33 Mn |
| 2 | Belite Bio | 55,320.00 Bn | 55,320.00 Bn | - | 32.68 Mn |
| 3 | Quantum Biopharma | 17,149.72 Bn | 17,149.72 Bn | - | 2.97 Mn |
| 4 | Legend Biotech | 3,590.00 Bn | 3,589.71 Bn | 242.10 Mn | -138.30 Mn |
| 5 | Akari Therapeutics | 1,650.72 Bn | 1,650.72 Bn | - | 15.76 Mn |
| 6 | Evaxion A | 1,522.09 Bn | 1,522.07 Bn | - | -3.82 Mn |
| 7 | Psyence Biomedical | 229.39 Bn | 229.38 Bn | - | 574,669.00 |
| 8 | Vertex Pharmaceuticals | 113.09 Bn | 105.85 Bn | 2.59 Bn | 1.85 Bn |
| 9 | Abivax | 90.15 Bn | 90.15 Bn | - | -67.40 Mn |
| 10 | Armata Pharmaceuticals | 275.44 Mn | 270.68 Mn | - | 9.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |