Enanta Pharmaceuticals (ENTA) Operating Expenses (2012 - 2026)

Enanta Pharmaceuticals (ENTA) posted Operating Expenses of $29.0 million for Q1 2026, down 2.87% on a QoQ basis from $29.9 million in Q4 2025, and down 26.47% year-over-year from $39.5 million in Q1 2025.

Enanta Pharmaceuticals (ENTA) Operating Expenses (2012 - 2026) Analysis & Trends

Enanta Pharmaceuticals' Operating Expenses history runs 15 years deep, the most recent figure standing at $29.0 million for Q1 2026.

  • Quarterly Operating Expenses fell 26.47% year-over-year to $29.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $129.6 million (down 22.2% YoY) and the FY2025 annual result came in at $150.7 million, down 20.42% from the prior year.
  • Operating Expenses was $29.0 million for Q1 2026 at Enanta Pharmaceuticals, down from $29.9 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $57.2 million in Q1 2023 and bottomed at $29.0 million in Q1 2026.
  • A 5-year average of $45.1 million and a median of $47.4 million in 2022 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2023 — Operating Expenses increased 8.91% — and 2026, when it decreased 26.47%.
  • Enanta Pharmaceuticals' Operating Expenses stood at $53.6 million in 2022, then decreased by 1.32% to $52.9 million in 2023, then slipped by 23.42% to $40.5 million in 2024, then fell by 26.26% to $29.9 million in 2025, then retreated by 2.87% to $29.0 million in 2026.
  • Business Quant data shows ENTA's Operating Expenses at $29.0 million in Q1 2026, $29.9 million in Q4 2025, and $33.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -28.01 Mn
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - 15.76 Mn
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 1.10 Bn
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 1.85 Bn
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 2.96 Bn
7 Belite Bio 61.40 Bn 61.40 Bn - 32.68 Mn
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn -919.00 Mn
9 Revolution Medicines 37.37 Bn 37.37 Bn - 445.22 Mn
10 Enanta Pharmaceuticals 369.97 Mn 206.20 Mn - 29.01 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 29.01 Mn
Dec 31, 2025 29.87 Mn
Sep 30, 2025 33.51 Mn
Jun 30, 2025 37.21 Mn
Mar 31, 2025 39.45 Mn
Dec 31, 2024 40.50 Mn
Sep 30, 2024 44.46 Mn
Jun 30, 2024 42.16 Mn
Mar 31, 2024 49.82 Mn
Dec 31, 2023 52.89 Mn
Sep 30, 2023 49.96 Mn
Jun 30, 2023 55.61 Mn
Mar 31, 2023 57.25 Mn
Dec 31, 2022 53.60 Mn
Sep 30, 2022 47.37 Mn
Jun 30, 2022 52.02 Mn
Mar 31, 2022 52.56 Mn
Dec 31, 2021 58.06 Mn
Sep 30, 2021 57.30 Mn
Jun 30, 2021 55.47 Mn