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| Date | Value |
|---|---|
| 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 |