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.

• On a quarterly basis, Operating Expenses fell 36.75% year-over-year to $5.6 million in Q1 2026; TTM through Mar 2026 was $20.4 million, a 54.47% decrease from a year earlier, with the FY2025 full-year figure at $23.6 million, down 52.12% from the prior year.
• Operating Expenses for Q1 2026 stood at $5.6 million, up from $4.0 million in the prior quarter.
• Over the last five years, Operating Expenses for EQ reached as high as $37.3 million in Q1 2022 and fell as low as $4.0 million in Q4 2025.
• Historically, Operating Expenses has averaged $12.2 million across 5 years, with a median of $12.7 million in 2023.
• Across the five-year window, Operating Expenses soared 329.32% in 2022 and slumped 65.21% in 2023, its largest moves.
• Year by year, Operating Expenses stood at $13.7 million in 2022, then declined by 9.52% to $12.4 million in 2023, then decreased by 26.76% to $9.1 million in 2024, then tumbled by 56.41% to $4.0 million in 2025, then surged by 41.6% to $5.6 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $5.6 million in Q1 2026, $4.0 million in Q4 2025, and $4.6 million in Q3 2025.