Ernexa Therapeutics (ERNAW) Operating Expenses (2010 - 2026)
Ernexa Therapeutics' (ERNAW) quarterly Operating Expenses came in at $5.6 million in Q1 2026, up 104.76% YoY from $2.7 million in Q1 2025, and up 166.95% on a QoQ basis from $2.1 million in Q4 2025.
Analysis
Ernexa Therapeutics (ERNAW) Operating Expenses (2010 - 2026) Analysis & Trends
Ernexa Therapeutics (ERNAW) has 17 years of Operating Expenses data on file, last reported at $5.6 million in Q1 2026.
- Quarterly Operating Expenses rose 104.76% year-over-year to $5.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $12.2 million (down 7.16% YoY) and the FY2025 annual result came in at $9.3 million, down 42.33% from the prior year.
- Operating Expenses rose to $5.6 million in Q1 2026, from $2.1 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $13.9 million in Q2 2022 to a low of $2.0 million in Q3 2025.
- A 5-year average of $5.0 million and a median of $4.9 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses sank 90.38% — and 2026, when it surged 104.76%.
- Tracing ERNAW's Operating Expenses over 5 years: 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn | 2.09 Bn |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | 3.00 Bn |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn | -1.05 Bn |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn | 960.00 Mn |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - | 505.13 Mn |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn | 1.21 Bn |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn | 1.06 Bn |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - | 541.02 Mn |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | 427.03 Mn |
| 10 | Ernexa Therapeutics | 67,312.70 | 67,312.70 | - | 4.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.10 Mn |
| 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 |