Cadrenal Therapeutics CVKD
NASDAQ CVKD
$1.19 -0.01 (-0.83%)
At close: Sep 9, 2026 · 4:00 PM EDT

Cadrenal Therapeutics (CVKD) Operating Expenses (2022 - 2026)

Cadrenal Therapeutics' (CVKD) quarterly Operating Expenses came in at $3.3 million in Q2 2026, down 10.55% year-over-year from $3.7 million in Q2 2025, and down 10.55% quarter-over-quarter from $3.7 million in Q2 2025.

Analysis

Cadrenal Therapeutics (CVKD) Operating Expenses (2022 - 2026) Analysis & Trends

Cadrenal Therapeutics has disclosed Operating Expenses across 5 years of filings, most recently posting $3.3 million for Q2 2026.

  • In Q2 2026, Operating Expenses fell 10.55% year-over-year to $3.3 million; the TTM figure through Jun 2026 stood at $12.0 million (up 15.21% YoY), while the FY2023 annual figure was $7.6 million, up 182.53% from the prior year.
  • Operating Expenses came in at $3.3 million for Q2 2026 at Cadrenal Therapeutics, down from $3.7 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $4.2 million in Q1 2023 to a low of $170521.0 in Q1 2022.
  • Average Operating Expenses over 5 years is $1.9 million, with a median of $1.3 million recorded in 2023.
  • Year-over-year, Operating Expenses surged 2363.18% in 2023 and sank 58.2% in 2024.
  • Over 5 years, Operating Expenses stood at $1.1 million in 2022, then gained by 17.46% to $1.3 million in 2023, then jumped by 94.64% to $2.5 million in 2024, then surged by 51.8% to $3.7 million in 2025, then declined by 10.55% to $3.3 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $3.3 million in Q2 2026, $3.7 million in Q2 2025, and $2.5 million in Q3 2024.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Johnson & Johnson 643.26 Bn 622.50 Bn 17.26 Bn 10.12 Bn
2 AbbVie 443.31 Bn 436.74 Bn 12.70 Bn 10.56 Bn
3 Merck 364.74 Bn 357.60 Bn 12.21 Bn 12.80 Bn
4 Novartis Ag 266.46 Bn 258.77 Bn 11.24 Bn -6.09 Bn
5 Pfizer 158.57 Bn 146.88 Bn 10.94 Bn 6.68 Bn
6 Sanofi 52.33 Bn 44.95 Bn 10.79 Bn -5.98 Bn
7 Revolution Medicines 43.79 Bn 43.79 Bn - 505.13 Mn
8 Incyte 25.23 Bn 20.69 Bn 1.57 Bn 976.14 Mn
9 United Therapeutics 21.67 Bn 19.01 Bn 683.80 Mn 452.50 Mn
10 Cadrenal Therapeutics 3.55 Mn 1.15 Mn - 3.34 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 3.34 Mn
Jun 30, 2025 3.73 Mn
Sep 30, 2024 2.46 Mn
Jun 30, 2024 2.47 Mn
Mar 31, 2024 1.76 Mn
Dec 31, 2023 1.26 Mn
Sep 30, 2023 1.14 Mn
Jun 30, 2023 1.03 Mn
Mar 31, 2023 4.20 Mn
Dec 31, 2022 1.08 Mn
Sep 30, 2022 972,791.00
Jun 30, 2022 482,347.00
Mar 31, 2022 170,521.00