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| Date | Value |
|---|---|
| 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 |