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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |