CytoDyn (CYDY) Operating Expenses (2010 - 2026)
CytoDyn (CYDY) posted Operating Expenses of $6.3 million for Q1 2026, down 70.94% on a QoQ basis from $21.7 million in Q4 2025, and up 57.46% year-over-year from $4.0 million in Q1 2025.
CytoDyn (CYDY) Operating Expenses (2010 - 2026) Analysis & Trends
CytoDyn's Operating Expenses history runs 17 years deep, the most recent figure standing at $6.3 million for Q1 2026.
- Quarterly Operating Expenses rose 57.46% year-over-year to $6.3 million in Q1 2026, while the trailing twelve-month figure through Feb 2026 was $38.0 million (up 569.57% YoY) and the FY2025 annual result came in at -$9.7 million, down 153.5% from the prior year.
- Operating Expenses was $6.3 million for Q1 2026 at CytoDyn, down from $21.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at $79.0 million in Q2 2022 and bottomed at -$22.4 million in Q3 2024.
- A 5-year average of $10.6 million and a median of $4.9 million in 2025 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2024 — Operating Expenses plunged 586.49% — and 2025, when it soared 485.06%.
- CytoDyn's Operating Expenses stood at $23.2 million in 2022, then tumbled by 85.33% to $3.4 million in 2023, then climbed by 9.09% to $3.7 million in 2024, then surged by 485.06% to $21.7 million in 2025, then plunged by 70.94% to $6.3 million in 2026.
- Business Quant data shows CYDY's Operating Expenses at $6.3 million in Q1 2026, $21.7 million in Q4 2025, and $4.9 million in Q3 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 | CytoDyn | 267.79 Mn | 267.79 Mn | - | 6.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 6.30 Mn |
| Nov 30, 2025 | 21.69 Mn |
| Aug 31, 2025 | 4.95 Mn |
| May 31, 2025 | 5.07 Mn |
| Feb 28, 2025 | 4.00 Mn |
| Nov 30, 2024 | 3.71 Mn |
| Aug 31, 2024 | -22.44 Mn |
| May 31, 2024 | 6.63 Mn |
| Feb 29, 2024 | 3.41 Mn |
| Nov 30, 2023 | 3.40 Mn |
| Aug 31, 2023 | 4.61 Mn |
| May 31, 2023 | 3.78 Mn |
| Feb 28, 2023 | 3.92 Mn |
| Nov 30, 2022 | 23.16 Mn |
| Aug 31, 2022 | 9.71 Mn |
| May 31, 2022 | 79.05 Mn |
| Feb 28, 2022 | 19.40 Mn |
| Nov 30, 2021 | 25.50 Mn |
| Aug 31, 2021 | 21.68 Mn |
| May 31, 2021 | 23.64 Mn |