Edgewise Therapeutics (EWTX) Operating Expenses (2020 - 2026)

Edgewise Therapeutics' (EWTX) quarterly Operating Expenses came in at $54.1 million in Q1 2026, up 17.75% year-on-year from $46.0 million in Q1 2025, and down 3.33% quarter-over-quarter from $56.0 million in Q4 2025.

Edgewise Therapeutics (EWTX) Operating Expenses (2020 - 2026) Analysis & Trends

Edgewise Therapeutics has disclosed Operating Expenses across 7 years of filings, most recently posting $54.1 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $54.1 million, up 17.75% year-over-year; the trailing twelve-month figure through Mar 2026 was $199.6 million (up 17.36% YoY), and the FY2025 annual result was $191.4 million, up 20.51% from the prior year.
  • Operating Expenses came in at $54.1 million for Q1 2026 at Edgewise Therapeutics, down from $56.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $56.0 million in Q4 2025 to a low of $14.8 million in Q1 2022.
  • The 5-year median for Operating Expenses is $34.8 million (2024), against an average of $34.7 million.
  • Across the five-year window, Operating Expenses surged 116.22% in 2022 and rose 11.82% in 2025, its largest moves.
  • Edgewise Therapeutics' Operating Expenses stood at $22.1 million in 2022, then soared by 53.37% to $33.9 million in 2023, then soared by 34.49% to $45.5 million in 2024, then increased by 22.92% to $56.0 million in 2025, then slipped by 3.33% to $54.1 million in 2026.
  • The last three Operating Expenses figures came in at $54.1 million (Q1 2026), $56.0 million (Q4 2025), and $46.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alterity Therapeutics 762,369.55 Bn 762,369.51 Bn - 4.33 Mn
2 Belite Bio 55,096.00 Bn 55,096.00 Bn - 32.68 Mn
3 Quantum Biopharma 17,755.80 Bn 17,755.79 Bn - 2.97 Mn
4 Legend Biotech 3,486.00 Bn 3,485.71 Bn 242.10 Mn -138.30 Mn
5 Akari Therapeutics 1,737.42 Bn 1,737.41 Bn - 15.76 Mn
6 Evaxion A 1,551.28 Bn 1,551.26 Bn - -3.82 Mn
7 Psyence Biomedical 227.32 Bn 227.31 Bn - 574,669.00
8 Vertex Pharmaceuticals 110.84 Bn 103.59 Bn 2.59 Bn 1.85 Bn
9 Abivax 91.71 Bn 91.71 Bn - -67.40 Mn
10 Edgewise Therapeutics 3.52 Bn 3.52 Bn - 54.12 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 54.12 Mn
Dec 31, 2025 55.98 Mn
Sep 30, 2025 46.86 Mn
Jun 30, 2025 42.61 Mn
Mar 31, 2025 45.96 Mn
Dec 31, 2024 45.54 Mn
Sep 30, 2024 40.43 Mn
Jun 30, 2024 38.11 Mn
Mar 31, 2024 34.75 Mn
Dec 31, 2023 33.86 Mn
Sep 30, 2023 29.45 Mn
Jun 30, 2023 25.34 Mn
Mar 31, 2023 25.70 Mn
Dec 31, 2022 22.08 Mn
Sep 30, 2022 18.26 Mn
Jun 30, 2022 16.49 Mn
Mar 31, 2022 14.83 Mn
Dec 31, 2021 12.82 Mn
Sep 30, 2021 13.08 Mn
Jun 30, 2021 10.46 Mn