Corvus Pharmaceuticals (CRVS) Operating Expenses (2015 - 2026)

Corvus Pharmaceuticals' (CRVS) quarterly Operating Expenses came in at $14.9 million in Q1 2026, up 49.94% year-on-year from $9.9 million in Q1 2025, and up 40.72% quarter-over-quarter from $10.6 million in Q3 2025.

Corvus Pharmaceuticals (CRVS) Operating Expenses (2015 - 2026) Analysis & Trends

Corvus Pharmaceuticals' Operating Expenses history runs 12 years deep, the most recent figure standing at $14.9 million for Q1 2026.

  • On a quarterly basis, Operating Expenses rose 49.94% year-over-year to $14.9 million in Q1 2026; TTM through Mar 2026 was $35.7 million, a 54.5% increase from a year earlier, with the FY2023 full-year figure at $23.4 million, down 28.12% from the prior year.
  • Operating Expenses rose to $14.9 million in Q1 2026 per CRVS's latest filing, from $10.6 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $14.9 million in Q1 2026 and bottomed at $5.6 million in Q3 2023.
  • The 5-year median for Operating Expenses is $7.0 million (2022), against an average of $8.1 million.
  • Across the five-year window, Operating Expenses tumbled 55.42% in 2023 and surged 72.87% in 2025, its largest moves.
  • Year by year, Operating Expenses stood at $5.7 million in 2022, then retreated by 0.26% to $5.7 million in 2023, then gained by 28.38% to $7.3 million in 2024, then surged by 45.72% to $10.6 million in 2025, then surged by 40.72% to $14.9 million in 2026.
  • Per Business Quant, the three latest CRVS Operating Expenses figures stand at $14.9 million (Q1 2026), $10.6 million (Q3 2025), and $10.3 million (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -28.01 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 1.10 Bn
4 NuCana 279.75 Bn 279.75 Bn - -3.78 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.85 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 2.96 Bn
7 Belite Bio 62.51 Bn 62.51 Bn - 32.68 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 2.89 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn - 445.22 Mn
10 Corvus Pharmaceuticals 1.23 Bn 1.23 Bn - 14.88 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 14.88 Mn
Sep 30, 2025 10.57 Mn
Jun 30, 2025 10.26 Mn
Mar 31, 2025 9.92 Mn
Sep 30, 2024 7.26 Mn
Jun 30, 2024 5.94 Mn
Mar 31, 2024 6.25 Mn
Dec 31, 2023 5.65 Mn
Sep 30, 2023 5.56 Mn
Jun 30, 2023 5.62 Mn
Mar 31, 2023 6.57 Mn
Dec 31, 2022 5.67 Mn
Sep 30, 2022 12.47 Mn
Jun 30, 2022 7.01 Mn
Mar 31, 2022 7.41 Mn
Dec 31, 2021 6.81 Mn
Sep 30, 2021 9.05 Mn
Jun 30, 2021 11.29 Mn
Mar 31, 2021 11.48 Mn
Dec 31, 2020 9.88 Mn