DBV Technologies (DBVT) Operating Expenses (2020 - 2026)

DBV Technologies (DBVT) reported Operating Expenses of $48.8 million for Q1 2026, up 78.1% year-over-year from $27.4 million in Q1 2025, and up 6.8% quarter-over-quarter from $45.7 million in Q4 2025.

DBV Technologies (DBVT) Operating Expenses (2020 - 2026) Analysis & Trends

DBV Technologies (DBVT) has 7 years of Operating Expenses data on file, last reported at $48.8 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $48.8 million, up 78.1% year-over-year; the trailing twelve-month figure through Mar 2026 was $174.1 million (up 47.34% YoY), and the FY2025 annual result was $152.7 million, up 26.46% from the prior year.
  • Operating Expenses improved to $48.8 million in Q1 2026 per DBVT's latest filing, from $45.7 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $48.8 million in Q1 2026 and troughed at $19.3 million in Q1 2022.
  • A 5-year average of $30.3 million and a median of $27.4 million in 2025 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 123.71% in 2022, then sank 43.36% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $36.7 million in 2022, then slumped by 43.36% to $20.8 million in 2023, then climbed by 17.2% to $24.4 million in 2024, then soared by 87.49% to $45.7 million in 2025, then climbed by 6.8% to $48.8 million in 2026.
  • Business Quant data shows DBVT's Operating Expenses at $48.8 million in Q1 2026, $45.7 million in Q4 2025, and $37.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alterity Therapeutics 814,307.08 Bn 814,307.05 Bn - 4.33 Mn
2 Belite Bio 55,320.00 Bn 55,320.00 Bn - 32.68 Mn
3 Quantum Biopharma 17,149.72 Bn 17,149.72 Bn - 2.97 Mn
4 Legend Biotech 3,590.00 Bn 3,589.71 Bn 242.10 Mn -138.30 Mn
5 Akari Therapeutics 1,650.72 Bn 1,650.72 Bn - 15.76 Mn
6 Evaxion A 1,522.09 Bn 1,522.07 Bn - -3.82 Mn
7 Psyence Biomedical 229.39 Bn 229.38 Bn - 574,669.00
8 Vertex Pharmaceuticals 113.09 Bn 105.85 Bn 2.59 Bn 1.85 Bn
9 Abivax 90.15 Bn 90.15 Bn - -67.40 Mn
10 DBV Technologies 7.53 Bn 7.30 Bn -3.90 Mn 48.80 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 48.80 Mn
Dec 31, 2025 45.70 Mn
Sep 30, 2025 37.05 Mn
Jun 30, 2025 42.58 Mn
Mar 31, 2025 27.40 Mn
Dec 31, 2024 24.37 Mn
Sep 30, 2024 31.40 Mn
Jun 30, 2024 35.00 Mn
Mar 31, 2024 29.96 Mn
Dec 31, 2023 20.80 Mn
Sep 30, 2023 20.64 Mn
Jun 30, 2023 27.36 Mn
Mar 31, 2023 23.36 Mn
Dec 31, 2022 36.71 Mn
Sep 30, 2022 20.09 Mn
Jun 30, 2022 25.35 Mn
Mar 31, 2022 19.32 Mn
Dec 31, 2021 16.41 Mn
Sep 30, 2021 25.69 Mn
Jun 30, 2021 29.65 Mn