Cognition Therapeutics (CGTX) Operating Expenses (2020 - 2026)

Cognition Therapeutics (CGTX) reported Operating Expenses of $8.8 million for Q1 2026, down 35.99% year-over-year from $13.8 million in Q1 2025, and up 2779.94% on a QoQ basis from -$329000.0 in Q4 2025.

Cognition Therapeutics (CGTX) has 7 years of Operating Expenses data on file, last reported at $8.8 million in Q1 2026.

  • Quarterly Operating Expenses fell 35.99% year-over-year to $8.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $28.8 million (down 33.03% YoY) and the FY2025 annual result came in at -$906000.0, down 103.14% from the prior year.
  • Operating Expenses rose to $8.8 million in Q1 2026 per CGTX's latest filing, from -$329000.0 in the prior quarter.
  • Across five years, Operating Expenses topped out at $15.2 million in Q4 2023 and bottomed at -$329000.0 in Q4 2025.
  • The 5-year median for Operating Expenses is $12.6 million (2022), against an average of $10.6 million.
  • The widest annual swing landed in 2022, when Operating Expenses soared 141.72%; it then plunged 316.45% in 2025.
  • Tracing CGTX's Operating Expenses over 5 years: stood at $12.6 million in 2022, then gained by 20.31% to $15.2 million in 2023, then plunged by 99.0% to $152000.0 in 2024, then plunged by 316.45% to -$329000.0 in 2025, then surged by 2779.94% to $8.8 million in 2026.
  • Per Business Quant, the three latest CGTX Operating Expenses figures stand at $8.8 million (Q1 2026), -$329000.0 (Q4 2025), and $6.4 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Quantum Biopharma 1,638,563.89 Bn 1,638,563.89 Bn - 2.97 Mn
2 Alterity Therapeutics 767,934.24 Bn 767,934.20 Bn - 4.33 Mn
3 Legend Biotech 2,937.00 Bn 2,936.10 Bn 242.10 Mn -138.30 Mn
4 Nanobiotix 2,282.79 Bn 2,282.72 Bn - -
5 Akari Therapeutics 2,169.69 Bn 2,169.69 Bn - 15.76 Mn
6 Vertex Pharmaceuticals 110.41 Bn 103.16 Bn 2.59 Bn 1.85 Bn
7 Regeneron Pharmaceuticals 66.44 Bn 57.69 Bn 3.31 Bn 2.96 Bn
8 Evaxion A 65.44 Bn 65.42 Bn - -3.82 Mn
9 Alnylam Pharmaceuticals 39.53 Bn 36.52 Bn 959.66 Mn 898.54 Mn
10 Cognition Therapeutics 648,270.00 648,270.00 - 8.82 Mn

Historic Data

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DateValue
Mar 31, 2026 8.82 Mn
Dec 31, 2025 -329,000.00
Sep 30, 2025 6.38 Mn
Jun 30, 2025 13.98 Mn
Mar 31, 2025 13.78 Mn
Dec 31, 2024 152,000.00
Sep 30, 2024 14.46 Mn
Jun 30, 2024 14.68 Mn
Mar 31, 2024 14.10 Mn
Dec 31, 2023 15.19 Mn
Sep 30, 2023 14.75 Mn
Jun 30, 2023 11.82 Mn
Mar 31, 2023 8.97 Mn
Sep 30, 2022 12.63 Mn
Mar 31, 2022 9.41 Mn
Sep 30, 2021 5.22 Mn
Sep 30, 2020 4.46 Mn