BullFrog AI Holdings (BFRG) Operating Expenses (2022 - 2026)
BullFrog AI Holdings' Operating Expenses came in at $1.53 million for Q2 2026, up 3.4% from $1.48 million a year earlier.
BullFrog AI Holdings (BFRG) Operating Expenses (2022 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, BullFrog AI Holdings reported Operating Expenses of $6.09 million, down 14.5% year-over-year; for FY2025, it was $6.62 million, down 8.6% from FY2024.
- Operating Expenses carries a four-year compound annual growth rate of 85.8% (FY2021 to FY2025).
- Going back by year, Operating Expenses was $7.24 million in FY2024 (+33.3%), $5.43 million in FY2023 (+120.2%), $2.47 million in FY2022 (+343.9%) and $555,362 in FY2021.
- The five-year range for quarterly Operating Expenses is $550,251 (Q1 2022) to $2.06 million (Q1 2025).
- Year-over-year, Operating Expenses increased in four of the last seven quarters, with growth averaging 4.8%.
- The fastest year-over-year change in Operating Expenses over five years came in Q4 2023 (growth of 125.5%), and the weakest in Q4 2025 (a decline of 15.3%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 10.12 Bn |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 10.56 Bn |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | 12.80 Bn |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | -6.09 Bn |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | -9.70 Bn |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 6.54 Bn |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | 18.20 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 6.68 Bn |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 2.09 Bn |
| 10 | BullFrog AI Holdings | 12.24 Mn | -1.54 Mn | 106,899.00 | 1.53 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.53 Mn |
| Dec 31, 2025 | 1.50 Mn |
| Sep 30, 2025 | 1.59 Mn |
| Jun 30, 2025 | 1.48 Mn |
| Mar 31, 2025 | 2.06 Mn |
| Dec 31, 2024 | 1.77 Mn |
| Sep 30, 2024 | 1.82 Mn |
| Jun 30, 2024 | 1.68 Mn |
| Mar 31, 2024 | 1.97 Mn |
| Dec 31, 2023 | 1.34 Mn |
| Sep 30, 2023 | 1.36 Mn |
| Jun 30, 2023 | 1.54 Mn |
| Mar 31, 2023 | 1.19 Mn |
| Dec 31, 2022 | 592,243.00 |
| Sep 30, 2022 | 640,552.00 |
| Jun 30, 2022 | 681,955.00 |
| Mar 31, 2022 | 550,251.00 |
BullFrog AI Holdings Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=BFRG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "BFRG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=BFRG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();