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 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn |
| 10 | Equillium | 181.13 Mn | 181.13 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();