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