Equillium (EQ) Accumulated Expenses (2017 - 2026)
Equillium's Accumulated Expenses came in at $1.22 million for Q2 2026, down 46.5% from $2.27 million a year earlier and down 24.4% from the prior quarter.
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Analysis
Equillium (EQ) Accumulated Expenses (2017 - 2026) Analysis & Trends
At the end of FY2025, Equillium's Accumulated Expenses was $1.82 million, down 47.9% from FY2024.
- Accumulated Expenses has declined in each of the last three years, with a five-year compound annual growth rate of -8.4% (FY2020 to FY2025).
- Going back by year, Accumulated Expenses was $3.48 million in FY2024 (-48.0%), $6.7 million in FY2023 (-7.5%), $7.24 million in FY2022 (+23.0%) and $5.89 million in FY2021 (+109.2%).
- The Q2 2026 figure represents the lowest quarterly Accumulated Expenses since Q4 2018.
- Year-over-year, Accumulated Expenses has declined for nine consecutive quarters, with an average decline of 50.9% over the last eight quarters.
- The fastest year-over-year change in Accumulated Expenses over five years came in Q1 2022 (growth of 117.0%), and the weakest in Q2 2025 (a decline of 67.1%).
- Business Quant data shows EQ's Accumulated Expenses at $1.61 million (Q1 2026), $1.82 million (Q4 2025) and $1.74 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn |
| 10 | Equillium | 163.24 Mn | -18.68 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.22 Mn |
| Mar 31, 2026 | 1.61 Mn |
| Dec 31, 2025 | 1.82 Mn |
| Sep 30, 2025 | 1.74 Mn |
| Jun 30, 2025 | 2.27 Mn |
| Mar 31, 2025 | 2.80 Mn |
| Dec 31, 2024 | 3.48 Mn |
| Sep 30, 2024 | 5.05 Mn |
| Jun 30, 2024 | 6.90 Mn |
| Mar 31, 2024 | 5.65 Mn |
| Dec 31, 2023 | 6.70 Mn |
| Sep 30, 2023 | 8.30 Mn |
| Jun 30, 2023 | 7.54 Mn |
| Mar 31, 2023 | 5.44 Mn |
| Dec 31, 2022 | 7.24 Mn |
| Sep 30, 2022 | 6.33 Mn |
| Jun 30, 2022 | 5.38 Mn |
| Mar 31, 2022 | 5.63 Mn |
| Dec 31, 2021 | 5.89 Mn |
| Sep 30, 2021 | 3.86 Mn |
API Access
Equillium Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=EQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "EQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=EQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();