CASI Pharmaceuticals (CASIF) Operating Expenses (2022 - 2025)
CASI Pharmaceuticals (CASIF) reported Operating Expenses of $16.5 million for Q4 2025, down 80.66% on a YoY basis from $85.4 million in Q4 2024, and up 245.08% quarter-over-quarter from -$11.4 million in Q3 2025.
CASI Pharmaceuticals (CASIF) Operating Expenses (2022 - 2025) Analysis & Trends
CASI Pharmaceuticals has reported Operating Expenses for 4 years, with the latest figure at $16.5 million in Q4 2025.
- For the quarter ending Q4 2025, Operating Expenses fell 80.66% year-over-year to $16.5 million; the trailing twelve-month figure through Dec 2025 stood at -$22.0 million (down 143.43% YoY), and the FY2025 full-year result was $55.1 million, up 8.5% from the prior year.
- Operating Expenses for Q4 2025 stood at $16.5 million, up from -$11.4 million in the prior quarter.
- The five-year high for Operating Expenses was $85.4 million in Q4 2024, with the low at -$96.7 million in Q4 2022.
- Historically, Operating Expenses has averaged $783562.5 across 4 years, with a median of $8.9 million in 2023.
- The largest YoY upside for Operating Expenses was 1040.69% in 2024 against a maximum downside of 221.62% in 2024.
- CASI Pharmaceuticals' Operating Expenses stood at -$96.7 million in 2022, then surged by 107.74% to $7.5 million in 2023, then surged by 1040.69% to $85.4 million in 2024, then plunged by 80.66% to $16.5 million in 2025.
- The last three Operating Expenses figures came in at $16.5 million (Q4 2025), -$11.4 million (Q3 2025), and -$13.2 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 821,726.73 Bn | 821,726.69 Bn | - | 4.33 Mn |
| 2 | Belite Bio | 57,768.00 Bn | 57,768.00 Bn | - | 32.68 Mn |
| 3 | Quantum Biopharma | 16,655.88 Bn | 16,655.88 Bn | - | 2.97 Mn |
| 4 | Legend Biotech | 3,540.00 Bn | 3,539.71 Bn | 242.10 Mn | -138.30 Mn |
| 5 | Evaxion A | 1,526.26 Bn | 1,526.24 Bn | - | -3.82 Mn |
| 6 | Akari Therapeutics | 1,520.09 Bn | 1,520.09 Bn | - | 15.76 Mn |
| 7 | Psyence Biomedical | 223.87 Bn | 223.87 Bn | - | 574,669.00 |
| 8 | Vertex Pharmaceuticals | 114.47 Bn | 107.23 Bn | 2.59 Bn | 1.85 Bn |
| 9 | Abivax | 91.22 Bn | 91.22 Bn | - | -67.40 Mn |
| 10 | CASI Pharmaceuticals | - | - | 3.69 Mn | 16.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 16.51 Mn |
| Sep 30, 2025 | -11.38 Mn |
| Jun 30, 2025 | -13.18 Mn |
| Mar 31, 2025 | -14.00 Mn |
| Dec 31, 2024 | 85.39 Mn |
| Sep 30, 2024 | -12.51 Mn |
| Jun 30, 2024 | -10.86 Mn |
| Mar 31, 2024 | -11.26 Mn |
| Dec 31, 2023 | 7.49 Mn |
| Sep 30, 2023 | 10.29 Mn |
| Jun 30, 2023 | 15.18 Mn |
| Mar 31, 2023 | 12.18 Mn |
| Dec 31, 2022 | -96.67 Mn |
| Sep 30, 2022 | 11.68 Mn |
| Jun 30, 2022 | 11.41 Mn |
| Mar 31, 2022 | 12.26 Mn |