Erasca (ERAS) Operating Expenses (2020 - 2026)

Erasca (ERAS) posted Operating Expenses of $187.9 million for Q1 2026, up 476.34% on a QoQ basis from $32.6 million in Q4 2025, and up 427.4% year-over-year from $35.6 million in Q1 2025.

Erasca (ERAS) Operating Expenses (2020 - 2026) Analysis & Trends

Erasca's Operating Expenses history runs 7 years deep, the most recent figure standing at $187.9 million for Q1 2026.

  • Quarterly Operating Expenses rose 427.4% year-over-year to $187.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $293.2 million (up 66.24% YoY) and the FY2025 annual result came in at $140.9 million, down 21.54% from the prior year.
  • Operating Expenses was $187.9 million for Q1 2026 at Erasca, up from $32.6 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $187.9 million in Q1 2026 and bottomed at $32.6 million in Q4 2025.
  • A 5-year average of $52.8 million and a median of $36.5 million in 2022 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2023 — Operating Expenses slumped 75.47% — and 2026, when it surged 427.4%.
  • Erasca's Operating Expenses stood at $138.1 million in 2022, then slumped by 75.47% to $33.9 million in 2023, then increased by 5.43% to $35.7 million in 2024, then retreated by 8.7% to $32.6 million in 2025, then surged by 476.34% to $187.9 million in 2026.
  • Business Quant data shows ERAS's Operating Expenses at $187.9 million in Q1 2026, $32.6 million in Q4 2025, and $34.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -28.01 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 1.10 Bn
4 NuCana 279.75 Bn 279.75 Bn - -3.78 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.85 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 2.96 Bn
7 Belite Bio 62.51 Bn 62.51 Bn - 32.68 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 2.89 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn - 445.22 Mn
10 Erasca 5.89 Bn 5.89 Bn - 187.91 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 187.91 Mn
Dec 31, 2025 32.60 Mn
Sep 30, 2025 34.55 Mn
Jun 30, 2025 38.13 Mn
Mar 31, 2025 35.63 Mn
Dec 31, 2024 35.71 Mn
Sep 30, 2024 37.24 Mn
Jun 30, 2024 67.78 Mn
Mar 31, 2024 38.85 Mn
Dec 31, 2023 33.87 Mn
Sep 30, 2023 34.66 Mn
Jun 30, 2023 35.97 Mn
Mar 31, 2023 37.03 Mn
Dec 31, 2022 138.08 Mn
Sep 30, 2022 36.96 Mn
Jun 30, 2022 35.91 Mn
Mar 31, 2022 36.51 Mn
Dec 31, 2021 31.05 Mn
Sep 30, 2021 46.04 Mn
Jun 30, 2021 28.18 Mn