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

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

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

Enanta Pharmaceuticals has reported Operating Expenses for 15 years, with the latest figure at $29.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 26.47% year-over-year to $29.0 million; the trailing twelve-month figure through Mar 2026 stood at $129.6 million (down 22.2% YoY), and the FY2025 full-year result was $150.7 million, down 20.42% from the prior year.
  • Operating Expenses for Q1 2026 stood at $29.0 million, down from $29.9 million in the prior quarter.
  • The five-year high for Operating Expenses was $57.2 million in Q1 2023, with the low at $29.0 million in Q1 2026.
  • Historically, Operating Expenses has averaged $45.1 million across 5 years, with a median of $47.4 million in 2022.
  • Annual changes were most pronounced in 2023 — Operating Expenses advanced 8.91% — and 2026, when it declined 26.47%.
  • Enanta Pharmaceuticals' Operating Expenses stood at $53.6 million in 2022, then fell by 1.32% to $52.9 million in 2023, then retreated by 23.42% to $40.5 million in 2024, then dropped by 26.26% to $29.9 million in 2025, then declined by 2.87% to $29.0 million in 2026.
  • The last three Operating Expenses figures came in at $29.0 million (Q1 2026), $29.9 million (Q4 2025), and $33.5 million (Q3 2025), per Business Quant data.

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 Enanta Pharmaceuticals 365.48 Mn 201.71 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