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

Emergent BioSolutions' (EBS) quarterly Operating Expenses came in at $145.6 million in Q1 2026, down 15.5% year-on-year from $172.3 million in Q1 2025, and down 17.55% quarter-over-quarter from $176.6 million in Q4 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.

  • On a quarterly basis, Operating Expenses fell 15.5% year-over-year to $145.6 million in Q1 2026; TTM through Mar 2026 was $616.1 million, a 42.1% decrease from a year earlier, with the FY2025 full-year figure at $642.8 million, down 44.22% from the prior year.
  • Operating Expenses slipped to $145.6 million in Q1 2026 per EBS's latest filing, from $176.6 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $630.8 million in Q2 2023 and bottomed at $139.3 million in Q2 2025.
  • The 5-year median for Operating Expenses is $285.2 million (2022), against an average of $294.3 million.
  • Across the five-year window, Operating Expenses soared 100.44% in 2023 and plunged 69.6% in 2025, its largest moves.
  • Year by year, Operating Expenses stood at $385.5 million in 2022, then declined by 16.89% to $320.4 million in 2023, then tumbled 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.
  • Per Business Quant, the three latest EBS Operating Expenses figures stand at $145.6 million (Q1 2026), $176.6 million (Q4 2025), and $154.6 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Haleon 88.07 Bn 86.20 Bn - -
2 Teva Pharmaceutical Industries 35.75 Bn 32.01 Bn 1.97 Bn 1.00 Bn
3 Zoetis 31.84 Bn 29.90 Bn 1.62 Bn 788.00 Mn
4 Takeda Pharmaceutical 27.18 Bn 23.12 Bn 4.39 Bn 12.58 Bn
5 United Therapeutics 23.09 Bn 20.93 Bn 648.10 Mn 455.70 Mn
6 RedHill Biopharma 21.32 Bn 21.32 Bn - -
7 Viatris 19.96 Bn 18.16 Bn 1.16 Bn 1.24 Bn
8 Neurocrine Biosciences 17.66 Bn 16.34 Bn 800.70 Mn 621.10 Mn
9 Elanco Animal Health 12.44 Bn 12.02 Bn 785.00 Mn 494.00 Mn
10 Emergent BioSolutions 376.02 Mn 214.52 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