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
DateValue
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