Erasca (ERAS) Operating Expenses (2020 - 2026)

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

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

Erasca has reported Operating Expenses for 7 years, with the latest figure at $187.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 427.4% year-over-year to $187.9 million; the trailing twelve-month figure through Mar 2026 stood at $293.2 million (up 66.24% YoY), and the FY2025 full-year result was $140.9 million, down 21.54% from the prior year.
  • Operating Expenses for Q1 2026 stood at $187.9 million, up from $32.6 million in the prior quarter.
  • The five-year high for Operating Expenses was $187.9 million in Q1 2026, with the low at $32.6 million in Q4 2025.
  • Historically, Operating Expenses has averaged $52.8 million across 5 years, with a median of $36.5 million in 2022.
  • Annual changes were most pronounced in 2023 — Operating Expenses tumbled 75.47% — and 2026, when it surged 427.4%.
  • Erasca's Operating Expenses stood at $138.1 million in 2022, then plunged by 75.47% to $33.9 million in 2023, then climbed by 5.43% to $35.7 million in 2024, then declined by 8.7% to $32.6 million in 2025, then soared by 476.34% to $187.9 million in 2026.
  • The last three Operating Expenses figures came in at $187.9 million (Q1 2026), $32.6 million (Q4 2025), and $34.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 4.33 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - 32.68 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 2.97 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -138.30 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -3.82 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 15.76 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 574,669.00
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.85 Bn
9 Abivax 91.96 Bn 91.96 Bn - -67.40 Mn
10 Erasca 4.16 Bn 3.92 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