Equillium (EQ) Operating Expenses (2018 - 2026)

Equillium (EQ) has 9 years of Operating Expenses data on file, last reported at $5.6 million in Q1 2026.

• Operating Expenses for Q1 2026 came in at $5.6 million, down 36.75% year-over-year; the trailing twelve-month figure through Mar 2026 was $20.4 million (down 54.47% YoY), and the FY2025 annual result was $23.6 million, down 52.12% from the prior year.
• Operating Expenses grew to $5.6 million in Q1 2026 per EQ's latest filing, from $4.0 million in the prior quarter.
• Over five years, Operating Expenses peaked at $37.3 million in Q1 2022 and troughed at $4.0 million in Q4 2025.
• A 5-year average of $12.2 million and a median of $12.7 million in 2023 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 329.32% in 2022, then plunged 65.21% in 2023.
• A 5-year view of Operating Expenses shows it stood at $13.7 million in 2022, then decreased by 9.52% to $12.4 million in 2023, then declined by 26.76% to $9.1 million in 2024, then slumped by 56.41% to $4.0 million in 2025, then surged by 41.6% to $5.6 million in 2026.
• Business Quant data shows EQ's Operating Expenses at $5.6 million in Q1 2026, $4.0 million in Q4 2025, and $4.6 million in Q3 2025.