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| Date | Value |
|---|---|
| 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 |