CNS Pharmaceuticals (CNSP) Operating Expenses (2018 - 2025)
CNS Pharmaceuticals (CNSP) recorded Operating Expenses of $5.99 million in Q4 2025, up 87.1% from $3.2 million a year earlier and up 84.0% from the prior quarter.
CNS Pharmaceuticals (CNSP) Operating Expenses (2018 - 2025) Analysis & Trends
For FY2025, CNS Pharmaceuticals reported Operating Expenses of $15.99 million, up 7.3% from FY2024.
- Annual Operating Expenses has a five-year compound annual growth rate of 11.1% (FY2020 to FY2025).
- Across earlier years, Operating Expenses came in at $14.9 million in FY2024 (-21.0%), $18.87 million in FY2023 (+23.6%), $15.27 million in FY2022 (+5.4%) and $14.49 million in FY2021 (+53.2%).
- The Q4 2025 figure is the highest quarterly Operating Expenses in data going back to Q4 2018.
- On a year-over-year basis, Operating Expenses rose in three of the last eight quarters, with an average decline of 2.4%.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 89.6% in Q3 2021, against a decline of 42.2% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $3.25 million (Q3 2025), $2.41 million (Q2 2025) and $4.34 million (Q1 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 10.12 Bn |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 10.56 Bn |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | 12.80 Bn |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | -6.09 Bn |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | -9.70 Bn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 6.54 Bn |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | 18.20 Bn |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | 6.68 Bn |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 2.09 Bn |
| 10 | CNS Pharmaceuticals | 2.35 Mn | -39.89 Mn | - | 5.99 Mn |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 5.99 Mn |
| Sep 30, 2025 | 3.25 Mn |
| Jun 30, 2025 | 2.41 Mn |
| Mar 31, 2025 | 4.34 Mn |
| Dec 31, 2024 | 3.20 Mn |
| Sep 30, 2024 | 5.63 Mn |
| Jun 30, 2024 | 2.53 Mn |
| Mar 31, 2024 | 3.54 Mn |
| Dec 31, 2023 | 5.38 Mn |
| Sep 30, 2023 | 4.53 Mn |
| Jun 30, 2023 | 4.03 Mn |
| Mar 31, 2023 | 4.93 Mn |
| Dec 31, 2022 | 5.13 Mn |
| Sep 30, 2022 | 3.42 Mn |
| Jun 30, 2022 | 3.56 Mn |
| Mar 31, 2022 | 3.15 Mn |
| Dec 31, 2021 | 3.25 Mn |
| Sep 30, 2021 | 3.81 Mn |
| Jun 30, 2021 | 3.81 Mn |
| Mar 31, 2021 | 3.61 Mn |
CNS Pharmaceuticals 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=CNSP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "CNSP", "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=CNSP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();