Ensysce Biosciences (ENSCW) Operating Expenses (2018 - 2025)

Ensysce Biosciences (ENSCW) reported Operating Expenses of $4.2 million for 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.

Ensysce Biosciences (ENSCW) Operating Expenses (2018 - 2025) Analysis & Trends

Ensysce Biosciences (ENSCW) has 8 years of Operating Expenses data on file, last reported at $4.2 million in Q3 2025.

  • Operating Expenses for Q3 2025 came in at $4.2 million, up 52.63% year-over-year; the trailing twelve-month figure through Dec 2025 was $10.6 million (down 10.86% YoY), and the FY2024 annual result was $11.9 million, down 7.79% from the prior year.
  • Operating Expenses climbed to $4.2 million in Q3 2025 per ENSCW's latest filing, 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.
  • The sharpest annual moves came in 2021 and 2022: Operating Expenses surged 1367.66% in 2021, then plunged 64.38% in 2022.
  • A 5-year view of Operating Expenses shows it stood at $3.6 million in 2021, then surged by 109.61% to $7.6 million in 2022, then tumbled by 51.92% to $3.7 million in 2023, then soared by 32.95% to $4.9 million in 2024, then declined by 13.24% to $4.2 million in 2025.
  • Business Quant data shows ENSCW's Operating Expenses at $4.2 million in Q3 2025, $3.1 million in Q2 2025, and $3.3 million in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 4.33 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - 32.68 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 2.97 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -138.30 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -3.82 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 15.76 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 574,669.00
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.85 Bn
9 Abivax 91.96 Bn 91.96 Bn - -67.40 Mn
10 Ensysce Biosciences - - - -

Historic Data

Download Data
DateValue
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