Catalyst Pharmaceuticals (CPRX) Operating Expenses (2010 - 2026)

Catalyst Pharmaceuticals (CPRX) reported Operating Expenses of $76.2 million for Q1 2026, down 2.43% on a YoY basis from $78.1 million in Q1 2025, and down 16.1% quarter-over-quarter from $90.8 million in Q4 2025.

Catalyst Pharmaceuticals (CPRX) Operating Expenses (2010 - 2026) Analysis & Trends

Catalyst Pharmaceuticals has reported Operating Expenses for 17 years, with the latest figure at $76.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 2.43% year-over-year to $76.2 million; the trailing twelve-month figure through Mar 2026 stood at $329.3 million (up 8.58% YoY), and the FY2025 full-year result was $331.2 million, up 11.67% from the prior year.
  • Operating Expenses for Q1 2026 stood at $76.2 million, down from $90.8 million in the prior quarter.
  • The five-year high for Operating Expenses was $139.9 million in Q3 2023, with the low at $24.5 million in Q2 2022.
  • Historically, Operating Expenses has averaged $66.3 million across 5 years, with a median of $71.4 million in 2024.
  • Annual changes were most pronounced in 2023 — Operating Expenses surged 335.18% — and 2024, when it slumped 44.39%.
  • Catalyst Pharmaceuticals' Operating Expenses stood at $30.0 million in 2022, then surged by 129.92% to $68.9 million in 2023, then climbed by 14.67% to $79.0 million in 2024, then gained by 14.93% to $90.8 million in 2025, then retreated by 16.1% to $76.2 million in 2026.
  • The last three Operating Expenses figures came in at $76.2 million (Q1 2026), $90.8 million (Q4 2025), and $82.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alterity Therapeutics 814,307.08 Bn 814,307.05 Bn - 4.33 Mn
2 Belite Bio 55,320.00 Bn 55,320.00 Bn - 32.68 Mn
3 Quantum Biopharma 17,149.72 Bn 17,149.72 Bn - 2.97 Mn
4 Legend Biotech 3,590.00 Bn 3,589.71 Bn 242.10 Mn -138.30 Mn
5 Akari Therapeutics 1,650.72 Bn 1,650.72 Bn - 15.76 Mn
6 Evaxion A 1,522.09 Bn 1,522.07 Bn - -3.82 Mn
7 Psyence Biomedical 229.39 Bn 229.38 Bn - 574,669.00
8 Vertex Pharmaceuticals 113.09 Bn 105.85 Bn 2.59 Bn 1.85 Bn
9 Abivax 90.15 Bn 90.15 Bn - -67.40 Mn
10 Catalyst Pharmaceuticals 3.84 Bn 3.08 Bn 134.92 Mn 76.16 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 76.16 Mn
Dec 31, 2025 90.77 Mn
Sep 30, 2025 82.13 Mn
Jun 30, 2025 80.27 Mn
Mar 31, 2025 78.05 Mn
Dec 31, 2024 78.98 Mn
Sep 30, 2024 77.79 Mn
Jun 30, 2024 68.46 Mn
Mar 31, 2024 71.38 Mn
Dec 31, 2023 68.88 Mn
Sep 30, 2023 139.88 Mn
Jun 30, 2023 52.88 Mn
Mar 31, 2023 49.76 Mn
Dec 31, 2022 29.96 Mn
Sep 30, 2022 32.14 Mn
Jun 30, 2022 24.54 Mn
Mar 31, 2022 25.72 Mn
Dec 31, 2021 25.57 Mn
Sep 30, 2021 21.95 Mn
Jun 30, 2021 20.53 Mn