Ernexa Therapeutics (ERNAW) Operating Expenses (2010 - 2026)

Ernexa Therapeutics (ERNAW) reported Operating Expenses of $5.6 million for Q1 2026, up 104.76% on a YoY basis from $2.7 million in Q1 2025, and up 166.95% quarter-over-quarter from $2.1 million in Q4 2025.

Ernexa Therapeutics (ERNAW) Operating Expenses (2010 - 2026) Analysis & Trends

Ernexa Therapeutics has reported Operating Expenses for 17 years, with the latest figure at $5.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 104.76% year-over-year to $5.6 million; the trailing twelve-month figure through Mar 2026 stood at $12.2 million (down 7.16% YoY), and the FY2025 full-year result was $9.3 million, down 42.33% from the prior year.
  • Operating Expenses for Q1 2026 stood at $5.6 million, up from $2.1 million in the prior quarter.
  • The five-year high for Operating Expenses was $13.9 million in Q2 2022, with the low at $2.0 million in Q3 2025.
  • Historically, Operating Expenses has averaged $5.0 million across 5 years, with a median of $4.9 million in 2024.
  • Annual changes were most pronounced in 2022 — Operating Expenses sank 90.38% — and 2026, when it surged 104.76%.
  • Ernexa Therapeutics' Operating Expenses stood at $4.7 million in 2022, then grew by 20.67% to $5.7 million in 2023, then sank by 52.8% to $2.7 million in 2024, then slipped by 22.39% to $2.1 million in 2025, then soared by 166.95% to $5.6 million in 2026.
  • The last three Operating Expenses figures came in at $5.6 million (Q1 2026), $2.1 million (Q4 2025), and $2.0 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 Ernexa Therapeutics - - - 5.59 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 5.59 Mn
Dec 31, 2025 2.09 Mn
Sep 30, 2025 1.99 Mn
Jun 30, 2025 2.50 Mn
Mar 31, 2025 2.73 Mn
Dec 31, 2024 2.70 Mn
Sep 30, 2024 2.81 Mn
Jun 30, 2024 4.88 Mn
Mar 31, 2024 5.77 Mn
Dec 31, 2023 5.72 Mn
Sep 30, 2023 5.44 Mn
Jun 30, 2023 4.55 Mn
Mar 31, 2023 5.27 Mn
Dec 31, 2022 4.74 Mn
Sep 30, 2022 8.30 Mn
Jun 30, 2022 13.88 Mn
Mar 31, 2022 6.30 Mn
Dec 31, 2021 8.52 Mn
Sep 30, 2021 86.28 Mn
Jun 30, 2021 10.01 Mn