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
Download Data| Date | Value |
|---|---|
| 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 |