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.
Powered by 
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,146.94 Bn | 1,115.53 Bn | 19.71 Bn | 7.95 Bn |
| 2 | Johnson & Johnson | 624.96 Bn | 543.49 Bn | 17.26 Bn | 10.12 Bn |
| 3 | AbbVie | 510.15 Bn | 483.27 Bn | 12.70 Bn | 10.56 Bn |
| 4 | Merck | 366.13 Bn | 320.51 Bn | 12.21 Bn | 12.80 Bn |
| 5 | Novartis Ag | 297.75 Bn | 261.74 Bn | 11.24 Bn | 6.09 Bn |
| 6 | Astrazeneca | 261.93 Bn | 235.62 Bn | 12.86 Bn | 9.70 Bn |
| 7 | Amgen | 236.51 Bn | 191.91 Bn | 7.24 Bn | 6.54 Bn |
| 8 | Gilead Sciences | 194.27 Bn | 168.47 Bn | 6.22 Bn | 18.20 Bn |
| 9 | Pfizer | 171.74 Bn | 118.39 Bn | 10.94 Bn | 6.68 Bn |
| 10 | BullFrog AI Holdings | 9.54 Mn | -4.23 Mn | 106,899.00 | 1.53 Mn |
Historic Data
Download Data
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 |
API Access
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_KEYimport 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();