Edgewise Therapeutics (EWTX) Operating Expenses (2020 - 2026)
Edgewise Therapeutics (EWTX) posted Operating Expenses of $54.1 million for Q1 2026, down 3.33% sequentially from $56.0 million in Q4 2025, and up 17.75% YoY from $46.0 million in Q1 2025.
Analysis
Edgewise Therapeutics (EWTX) Operating Expenses (2020 - 2026) Analysis & Trends
Edgewise Therapeutics has reported Operating Expenses for 7 years, with the latest figure at $54.1 million in Q1 2026.
- Quarterly Operating Expenses rose 17.75% year-over-year to $54.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $199.6 million (up 17.36% YoY) and the FY2025 annual result came in at $191.4 million, up 20.51% from the prior year.
- Operating Expenses slipped to $54.1 million in Q1 2026 per EWTX's latest filing, from $56.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $56.0 million in Q4 2025 and troughed at $14.8 million in Q1 2022.
- A 5-year average of $34.7 million and a median of $34.8 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses jumped 116.22% in 2022, then advanced 11.82% in 2025.
- Over 5 years, Operating Expenses stood at $22.1 million in 2022, then surged by 53.37% to $33.9 million in 2023, then surged by 34.49% to $45.5 million in 2024, then gained by 22.92% to $56.0 million in 2025, then declined by 3.33% to $54.1 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $54.1 million, $56.0 million, and $46.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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 | Edgewise Therapeutics | 4.65 Bn | 4.65 Bn | - | 61.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 61.94 Mn |
| 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 |