Enliven Therapeutics (ELVN) Operating Expenses (2019 - 2026)
Enliven Therapeutics' (ELVN) quarterly Operating Expenses came in at $27.8 million in Q1 2026, down 12.21% year-on-year from $31.7 million in Q1 2025, and down 18.85% quarter-over-quarter from $34.3 million in Q4 2025.
Enliven Therapeutics (ELVN) Operating Expenses (2019 - 2026) Analysis & Trends
Enliven Therapeutics has disclosed Operating Expenses across 8 years of filings, most recently posting $27.8 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $27.8 million, down 12.21% year-over-year; the trailing twelve-month figure through Mar 2026 was $115.8 million (up 5.01% YoY), and the FY2025 annual result was $119.7 million, up 14.45% from the prior year.
- Operating Expenses came in at $27.8 million for Q1 2026 at Enliven Therapeutics, down from $34.3 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $34.3 million in Q4 2025 to a low of $8.7 million in Q1 2022.
- The 5-year median for Operating Expenses is $24.6 million (2024), against an average of $22.0 million.
- Across the five-year window, Operating Expenses slumped 31.54% in 2022 and surged 123.64% in 2023, its largest moves.
- Enliven Therapeutics' Operating Expenses stood at $10.2 million in 2022, then jumped by 123.64% to $22.7 million in 2023, then grew by 18.33% to $26.9 million in 2024, then grew by 27.47% to $34.3 million in 2025, then decreased by 18.85% to $27.8 million in 2026.
- The last three Operating Expenses figures came in at $27.8 million (Q1 2026), $34.3 million (Q4 2025), and $25.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 762,369.55 Bn | 762,369.51 Bn | - | 4.33 Mn |
| 2 | Belite Bio | 55,096.00 Bn | 55,096.00 Bn | - | 32.68 Mn |
| 3 | Quantum Biopharma | 17,755.80 Bn | 17,755.79 Bn | - | 2.97 Mn |
| 4 | Legend Biotech | 3,486.00 Bn | 3,485.71 Bn | 242.10 Mn | -138.30 Mn |
| 5 | Akari Therapeutics | 1,737.42 Bn | 1,737.41 Bn | - | 15.76 Mn |
| 6 | Evaxion A | 1,551.28 Bn | 1,551.26 Bn | - | -3.82 Mn |
| 7 | Psyence Biomedical | 227.32 Bn | 227.31 Bn | - | 574,669.00 |
| 8 | Vertex Pharmaceuticals | 110.84 Bn | 103.59 Bn | 2.59 Bn | 1.85 Bn |
| 9 | Abivax | 91.71 Bn | 91.71 Bn | - | -67.40 Mn |
| 10 | Enliven Therapeutics | 2.32 Bn | 2.32 Bn | - | 27.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 27.82 Mn |
| Dec 31, 2025 | 34.29 Mn |
| Sep 30, 2025 | 25.10 Mn |
| Jun 30, 2025 | 28.58 Mn |
| Mar 31, 2025 | 31.69 Mn |
| Dec 31, 2024 | 26.90 Mn |
| Sep 30, 2024 | 27.07 Mn |
| Jun 30, 2024 | 24.60 Mn |
| Mar 31, 2024 | 25.99 Mn |
| Dec 31, 2023 | 22.73 Mn |
| Sep 30, 2023 | 24.25 Mn |
| Jun 30, 2023 | 20.13 Mn |
| Mar 31, 2023 | 16.42 Mn |
| Dec 31, 2022 | 10.16 Mn |
| Sep 30, 2022 | 10.93 Mn |
| Jun 30, 2022 | 9.02 Mn |
| Mar 31, 2022 | 8.68 Mn |
| Dec 31, 2021 | 14.33 Mn |
| Sep 30, 2021 | 13.66 Mn |
| Jun 30, 2021 | 13.17 Mn |