Growth Metrics

Chemomab Therapeutics (CMMB) Operating Expenses (2017 - 2025)

Chemomab Therapeutics posted quarterly Operating Expenses of $2.0 million for Q4 2025, down 38.56% year-on-year from $3.2 million in Q4 2024, and up 7.05% on a QoQ basis from $1.8 million in Q3 2025.

Chemomab Therapeutics (CMMB) has 9 years of Operating Expenses data on file, last reported at $2.0 million in Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses fell 38.56% year-over-year to $2.0 million; the trailing twelve-month figure through Dec 2025 stood at $9.6 million (down 35.09% YoY), and the FY2025 full-year result was $9.6 million, down 35.09% from the prior year.
  • Operating Expenses for Q4 2025 stood at $2.0 million, up from $1.8 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $9.0 million in Q1 2023 and bottomed at $1.7 million in Q1 2021.
  • The 5-year median for Operating Expenses is $3.8 million (2023), against an average of $4.5 million.
  • The widest annual swing landed in 2022, when Operating Expenses soared 213.13%; it then slumped 55.47% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $5.0 million in 2021, then soared by 72.01% to $8.6 million in 2022, then slumped by 55.47% to $3.8 million in 2023, then retreated by 16.5% to $3.2 million in 2024, then sank by 38.56% to $2.0 million in 2025.
  • The last three Operating Expenses figures came in at $2.0 million (Q4 2025), $1.8 million (Q3 2025), and $2.3 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Quantum Biopharma 961,148.99 Bn 961,148.98 Bn - 2.97 Mn
2 Alterity Therapeutics 744,933.29 Bn 744,933.26 Bn - 4.33 Mn
3 Legend Biotech 2,540.00 Bn 2,539.71 Bn 242.10 Mn -138.30 Mn
4 Nanobiotix 2,199.85 Bn 2,199.78 Bn - -
5 Akari Therapeutics 1,635.88 Bn 1,635.88 Bn - 15.76 Mn
6 Vertex Pharmaceuticals 111.32 Bn 104.07 Bn 2.59 Bn 1.85 Bn
7 Evaxion A 62.56 Bn 62.54 Bn - -3.82 Mn
8 Regeneron Pharmaceuticals 62.55 Bn 53.79 Bn 3.31 Bn 2.96 Bn
9 Alnylam Pharmaceuticals 39.57 Bn 36.56 Bn 959.66 Mn 898.54 Mn
10 Chemomab Therapeutics 959.23 Mn 948.86 Mn - 1.97 Mn

Historic Data

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DateValue
Dec 31, 2025 1.97 Mn
Sep 30, 2025 1.84 Mn
Jun 30, 2025 2.26 Mn
Mar 31, 2025 3.49 Mn
Dec 31, 2024 3.21 Mn
Sep 30, 2024 3.71 Mn
Jun 30, 2024 3.77 Mn
Mar 31, 2024 4.05 Mn
Dec 31, 2023 3.85 Mn
Sep 30, 2023 4.37 Mn
Jun 30, 2023 8.20 Mn
Mar 31, 2023 9.05 Mn
Dec 31, 2022 8.64 Mn
Sep 30, 2022 8.32 Mn
Jun 30, 2022 6.25 Mn
Mar 31, 2022 5.32 Mn
Dec 31, 2021 5.02 Mn
Sep 30, 2021 2.89 Mn
Jun 30, 2021 2.75 Mn
Mar 31, 2021 1.70 Mn
Dec 31, 2020 1.94 Mn
Sep 30, 2020 1.23 Mn
Jun 30, 2020 1.10 Mn
Mar 31, 2020 1.70 Mn
Dec 31, 2019 5.66 Mn
Sep 30, 2019 7.27 Mn
Jun 30, 2019 4.54 Mn
Mar 31, 2019 5.43 Mn
Dec 31, 2018 2.98 Mn
Sep 30, 2018 2.51 Mn
Jun 30, 2018 4.16 Mn
Mar 31, 2018 3.40 Mn
Dec 31, 2017 1.88 Mn