PMGC Holdings (ELAB) Operating Expenses (2022 - 2026)

PMGC Holdings (ELAB) posted Operating Expenses of $3.6 million for Q1 2026, up 38.39% sequentially from $2.6 million in Q4 2025.

PMGC Holdings (ELAB) Operating Expenses (2022 - 2026) Analysis & Trends

PMGC Holdings has reported Operating Expenses for 5 years, with the latest figure at $3.6 million in Q1 2026.

Quarterly Operating Expenses changed N/A year-over-year to $3.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $8.4 million (up 448.45% YoY) and the FY2025 annual result came in at $7.1 million, up 92.91% from the prior year.
Operating Expenses rose to $3.6 million in Q1 2026 per ELAB's latest filing, from $2.6 million in the prior quarter.
Over five years, Operating Expenses peaked at $709.5 million in Q3 2022 and troughed at -$1.5 billion in Q4 2022.
A 5-year average of -$57.3 million and a median of $1.3 million in 2024 frame the typical range for Operating Expenses.
The widest YoY moves for Operating Expenses: up 792.91% in 2024, down 205.48% in 2024.
Over 5 years, Operating Expenses stood at -$1.5 billion in 2022, then soared by 100.11% to $1.5 million in 2023, then tumbled by 205.48% to -$1.6 million in 2024, then surged by 258.26% to $2.6 million in 2025, then soared by 38.39% to $3.6 million in 2026.
According to Business Quant data, Operating Expenses over the past three periods registered $3.6 million, $2.6 million, and $2.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Opex (Qtr)
1	Vertex Pharmaceuticals	137.11 Bn	129.26 Bn	2.84 Bn	2.09 Bn
2	Regeneron Pharmaceuticals	84.98 Bn	76.99 Bn	3.93 Bn	3.00 Bn
3	Argenx Se	64.52 Bn	59.33 Bn	1.37 Bn	2.89 Bn
4	Moderna	53.23 Bn	48.09 Bn	52.00 Mn	960.00 Mn
5	BeOne Medicines	41.23 Bn	36.14 Bn	1.53 Bn	1.21 Bn
6	Alnylam Pharmaceuticals	30.65 Bn	27.34 Bn	992.69 Mn	1.06 Bn
7	Insmed	27.15 Bn	25.99 Bn	358.27 Mn	427.03 Mn
8	Royalty Pharma	26.98 Bn	26.14 Bn	-	541.02 Mn
9	BioNTech SE	26.78 Bn	8.39 Bn	668.28 Mn	-784.57 Mn
10	PMGC Holdings	3.01 Mn	-15.78 Mn	385,691.00	4.21 Mn

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