Emergent BioSolutions (EBS) Operating Expenses (2011 - 2026)

Emergent BioSolutions (EBS) recorded quarterly Operating Expenses of $145.6 million in Q1 2026, down 17.55% quarter-over-quarter from $176.6 million in Q4 2025, and down 15.5% on a YoY basis from $172.3 million in Q1 2025.

Emergent BioSolutions (EBS) Operating Expenses (2011 - 2026) Analysis & Trends

Emergent BioSolutions' Operating Expenses history runs 16 years deep, the most recent figure standing at $145.6 million for Q1 2026.

  • In Q1 2026, Operating Expenses fell 15.5% year-over-year to $145.6 million; the TTM figure through Mar 2026 stood at $616.1 million (down 42.1% YoY), while the FY2025 annual figure was $642.8 million, down 44.22% from the prior year.
  • Operating Expenses was $145.6 million for Q1 2026 at Emergent BioSolutions, down from $176.6 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $630.8 million in Q2 2023 to a low of $139.3 million in Q2 2025.
  • Historically, Operating Expenses has averaged $294.3 million across 5 years, with a median of $285.2 million in 2022.
  • The sharpest annual moves came in 2023 and 2025: Operating Expenses jumped 100.44% in 2023, then plunged 69.6% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $385.5 million in 2022, then declined by 16.89% to $320.4 million in 2023, then sank by 36.27% to $204.2 million in 2024, then slipped by 13.52% to $176.6 million in 2025, then dropped by 17.55% to $145.6 million in 2026.
  • The last three Operating Expenses figures came in at $145.6 million (Q1 2026), $176.6 million (Q4 2025), and $154.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Teva Pharmaceutical Industries 38.34 Bn 34.60 Bn 1.97 Bn 526.00 Mn
2 Zoetis 33.27 Bn 31.33 Bn 1.62 Bn 788.00 Mn
3 United Therapeutics 23.75 Bn 21.60 Bn 648.10 Mn 455.70 Mn
4 Aurora Cannabis 17.11 Bn 17.03 Bn 33.43 Mn 19.40 Mn
5 Neurocrine Biosciences 16.37 Bn 15.05 Bn 800.70 Mn 621.10 Mn
6 Elanco Animal Health 11.78 Bn 11.35 Bn 785.00 Mn 478.00 Mn
7 Alkermes 7.05 Bn 6.54 Bn -116.06 Mn 441.19 Mn
8 Lantheus Holdings 6.49 Bn 5.99 Bn 230.92 Mn 96.91 Mn
9 Hims & Hers Health 6.19 Bn 5.44 Bn 396.79 Mn 475.11 Mn
10 Emergent BioSolutions 415.46 Mn 253.96 Mn 84.10 Mn 145.60 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 145.60 Mn
Dec 31, 2025 176.60 Mn
Sep 30, 2025 154.60 Mn
Jun 30, 2025 139.30 Mn
Mar 31, 2025 172.30 Mn
Dec 31, 2024 204.20 Mn
Sep 30, 2024 229.30 Mn
Jun 30, 2024 458.20 Mn
Mar 31, 2024 260.60 Mn
Dec 31, 2023 320.40 Mn
Sep 30, 2023 512.60 Mn
Jun 30, 2023 630.80 Mn
Mar 31, 2023 311.90 Mn
Dec 31, 2022 385.50 Mn
Sep 30, 2022 285.20 Mn
Jun 30, 2022 314.70 Mn
Mar 31, 2022 301.10 Mn
Dec 31, 2021 437.90 Mn
Sep 30, 2021 363.70 Mn
Jun 30, 2021 383.00 Mn