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| Date | Value |
|---|---|
| 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 |