Enliven Therapeutics (ELVN) Operating Expenses (2019 - 2026)

Enliven Therapeutics (ELVN) reported Operating Expenses of $27.8 million for Q1 2026, down 12.21% on a YoY basis from $31.7 million in Q1 2025, and down 18.85% sequentially from $34.3 million in Q4 2025.

Enliven Therapeutics (ELVN) Operating Expenses (2019 - 2026) Analysis & Trends

Enliven Therapeutics (ELVN) has 8 years of Operating Expenses data on file, last reported at $27.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 12.21% year-over-year to $27.8 million; the trailing twelve-month figure through Mar 2026 stood at $115.8 million (up 5.01% YoY), and the FY2025 full-year result was $119.7 million, up 14.45% from the prior year.
  • Operating Expenses declined to $27.8 million in Q1 2026, 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.
  • A 5-year average of $22.0 million and a median of $24.6 million in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses plunged 31.54% in 2022 and surged 123.64% in 2023, its largest moves.
  • Tracing ELVN's Operating Expenses over 5 years: stood at $10.2 million in 2022, then soared by 123.64% to $22.7 million in 2023, then climbed by 18.33% to $26.9 million in 2024, then climbed by 27.47% to $34.3 million in 2025, then retreated by 18.85% to $27.8 million in 2026.
  • Business Quant data shows ELVN's Operating Expenses at $27.8 million in Q1 2026, $34.3 million in Q4 2025, and $25.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -28.01 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 1.10 Bn
4 NuCana 279.75 Bn 279.75 Bn - -3.78 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.85 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 2.96 Bn
7 Belite Bio 62.51 Bn 62.51 Bn - 32.68 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 2.89 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn - 445.22 Mn
10 Enliven Therapeutics 3.22 Bn 3.22 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