Ensysce Biosciences (ENSC) Operating Expenses (2018 - 2025)
Ensysce Biosciences' (ENSC) quarterly Operating Expenses came in at $4.2 million in Q3 2025, up 52.63% year-over-year from $2.8 million in Q3 2024, and up 35.63% quarter-over-quarter from $3.1 million in Q2 2025.
Analysis
Ensysce Biosciences (ENSC) Operating Expenses (2018 - 2025) Analysis & Trends
Ensysce Biosciences (ENSC) has reported Operating Expenses for 8 consecutive years, with $4.2 million the latest figure, recorded in Q3 2025.
- On a quarterly basis, Operating Expenses rose 52.63% year-over-year to $4.2 million in Q3 2025; TTM through Sep 2025 was $15.5 million, a 44.66% increase from a year earlier, with the FY2024 full-year figure at $11.9 million, down 7.79% from the prior year.
- Operating Expenses was $4.2 million for Q3 2025 at Ensysce Biosciences, up from $3.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $18.1 million in Q3 2021 and troughed at $774849.0 in Q1 2021.
- A 5-year average of $4.5 million and a median of $3.4 million in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses jumped 1367.66% in 2021 and sank 64.38% in 2022, its largest moves.
- Over 5 years, Operating Expenses stood at $3.6 million in 2021, then jumped by 109.61% to $7.6 million in 2022, then plunged by 51.92% to $3.7 million in 2023, then surged by 32.95% to $4.9 million in 2024, then dropped by 13.24% to $4.2 million in 2025.
- The last three Operating Expenses figures came in at $4.2 million (Q3 2025), $3.1 million (Q2 2025), and $3.3 million (Q1 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 643.26 Bn | 622.50 Bn | 17.26 Bn | 10.12 Bn |
| 2 | AbbVie | 443.31 Bn | 436.74 Bn | 12.70 Bn | 10.56 Bn |
| 3 | Merck | 364.74 Bn | 357.60 Bn | 12.21 Bn | 12.80 Bn |
| 4 | Novartis Ag | 266.46 Bn | 258.77 Bn | 11.24 Bn | -6.09 Bn |
| 5 | Pfizer | 158.57 Bn | 146.88 Bn | 10.94 Bn | 6.68 Bn |
| 6 | Sanofi | 52.33 Bn | 44.95 Bn | 10.79 Bn | -5.98 Bn |
| 7 | Revolution Medicines | 43.79 Bn | 43.79 Bn | - | 505.13 Mn |
| 8 | Incyte | 25.23 Bn | 20.69 Bn | 1.57 Bn | 976.14 Mn |
| 9 | United Therapeutics | 21.67 Bn | 19.01 Bn | 683.80 Mn | 452.50 Mn |
| 10 | Ensysce Biosciences | 1.20 Mn | -3.11 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 4.23 Mn |
| Jun 30, 2025 | 3.12 Mn |
| Mar 31, 2025 | 3.29 Mn |
| Dec 31, 2024 | 4.88 Mn |
| Sep 30, 2024 | 2.77 Mn |
| Jun 30, 2024 | 2.14 Mn |
| Mar 31, 2024 | 2.15 Mn |
| Dec 31, 2023 | 3.67 Mn |
| Sep 30, 2023 | 3.14 Mn |
| Jun 30, 2023 | 2.78 Mn |
| Mar 31, 2023 | 3.35 Mn |
| Dec 31, 2022 | 7.63 Mn |
| Sep 30, 2022 | 6.44 Mn |
| Jun 30, 2022 | 7.26 Mn |
| Mar 31, 2022 | 5.41 Mn |
| Dec 31, 2021 | 3.64 Mn |
| Sep 30, 2021 | 18.09 Mn |
| Jun 30, 2021 | 857,133.00 |
| Mar 31, 2021 | 774,849.00 |
| Dec 31, 2020 | 1.51 Mn |