Cardiff Oncology (CRDF) Operating Expenses (2011 - 2026)
Cardiff Oncology (CRDF) posted Operating Expenses of $8.1 million for Q4 2025, down 33.27% sequentially from $12.1 million in Q3 2025, and down 36.57% YoY from $12.7 million in Q4 2024.
Cardiff Oncology (CRDF) Operating Expenses (2011 - 2026) Analysis & Trends
Cardiff Oncology has reported Operating Expenses for 15 years, with the latest figure at $8.1 million in Q4 2025.
- Quarterly Operating Expenses fell 36.57% year-over-year to $8.1 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $49.6 million (changed 0.44% YoY) and the FY2025 annual result came in at $49.6 million, changed 0.44% from the prior year.
- Operating Expenses fell to $8.1 million in Q4 2025 per CRDF's latest filing, from $12.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $14.9 million in Q2 2025 and troughed at $5.5 million in Q1 2021.
- A 5-year average of $10.7 million and a median of $11.0 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses soared 102.18% in 2022, then slumped 36.57% in 2025.
- Over 5 years, Operating Expenses stood at $9.7 million in 2021, then retreated by 1.44% to $9.5 million in 2022, then gained by 10.17% to $10.5 million in 2023, then climbed by 21.31% to $12.7 million in 2024, then plunged by 36.57% to $8.1 million in 2025.
- According to Business Quant data, Operating Expenses over the past three periods registered $8.1 million, $12.1 million, and $14.9 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 139.13 Bn | 131.28 Bn | 2.84 Bn | 2.09 Bn |
| 2 | Regeneron Pharmaceuticals | 85.77 Bn | 77.77 Bn | 3.93 Bn | 3.00 Bn |
| 3 | Argenx Se | 64.64 Bn | 59.46 Bn | 1.37 Bn | 2.89 Bn |
| 4 | Moderna | 58.29 Bn | 53.16 Bn | 52.00 Mn | 960.00 Mn |
| 5 | BeOne Medicines | 41.92 Bn | 36.82 Bn | 1.53 Bn | 1.21 Bn |
| 6 | Alnylam Pharmaceuticals | 31.58 Bn | 28.28 Bn | 992.69 Mn | 1.06 Bn |
| 7 | BioNTech SE | 28.12 Bn | 9.73 Bn | 668.28 Mn | -784.57 Mn |
| 8 | Insmed | 27.39 Bn | 26.22 Bn | 358.27 Mn | 427.03 Mn |
| 9 | Royalty Pharma | 27.27 Bn | 26.43 Bn | - | 541.02 Mn |
| 10 | Cardiff Oncology | 60.21 Mn | 60.21 Mn | - | 9.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.72 Mn |
| Dec 31, 2025 | 8.07 Mn |
| Sep 30, 2025 | 12.09 Mn |
| Jun 30, 2025 | 14.90 Mn |
| Mar 31, 2025 | 14.49 Mn |
| Dec 31, 2024 | 12.72 Mn |
| Sep 30, 2024 | 12.77 Mn |
| Jun 30, 2024 | 12.71 Mn |
| Mar 31, 2024 | 11.14 Mn |
| Dec 31, 2023 | 10.49 Mn |
| Sep 30, 2023 | 10.96 Mn |
| Jun 30, 2023 | 12.32 Mn |
| Mar 31, 2023 | 12.14 Mn |
| Dec 31, 2022 | 9.52 Mn |
| Sep 30, 2022 | 9.09 Mn |
| Jun 30, 2022 | 10.53 Mn |
| Mar 31, 2022 | 11.15 Mn |
| Dec 31, 2021 | 9.66 Mn |
| Sep 30, 2021 | 7.08 Mn |
| Jun 30, 2021 | 6.96 Mn |