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