Fortress Biotech FBIOP
NASDAQ FBIOP
$18.52 +0.25 (+1.40%)
As of: Aug 21, 2026 · 11:12 AM EDT

Fortress Biotech, Inc. (FBIOP) Operating Expenses (2010 - 2026)

Fortress Biotech (FBIOP) posted quarterly Operating Expenses of $20.9 million for Q4 2025, down 46.43% year-over-year from $39.0 million in Q4 2024, and down 14.62% quarter-over-quarter from $24.4 million in Q3 2025.

Fortress Biotech, Inc. (FBIOP) Operating Expenses (2010 - 2026) Analysis & Trends

Fortress Biotech's Operating Expenses history runs 16 years deep, the most recent figure standing at $20.9 million for Q4 2025.

  • In Q4 2025, Operating Expenses fell 46.43% year-over-year to $20.9 million; the TTM figure through Dec 2025 stood at $133.7 million (down 20.43% YoY), while the FY2025 annual figure was $133.5 million, down 20.57% from the prior year.
  • Operating Expenses for Q4 2025 stood at $20.9 million, down from $24.4 million in the prior quarter.
  • The five-year high for Operating Expenses was $80.3 million in Q4 2021, with the low at $20.9 million in Q4 2025.
  • The 5-year median for Operating Expenses is $51.2 million (2024), against an average of $53.1 million.
  • The sharpest annual moves came in 2021 and 2025: Operating Expenses surged 118.37% in 2021, then slumped 46.43% in 2025.
  • Fortress Biotech's Operating Expenses stood at $80.3 million in 2021, then dropped by 11.51% to $71.0 million in 2022, then plunged by 44.31% to $39.6 million in 2023, then fell by 1.53% to $39.0 million in 2024, then sank by 46.43% to $20.9 million in 2025.
  • Business Quant data shows FBIOP's Operating Expenses at $20.9 million in Q4 2025, $24.4 million in Q3 2025, and $52.9 million in Q2 2025.

Peer Comparison

Historic Data

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DateValue
Jun 30, 2026 28.72 Mn
Dec 31, 2025 20.87 Mn
Sep 30, 2025 24.44 Mn
Jun 30, 2025 52.89 Mn
Mar 31, 2025 35.46 Mn
Dec 31, 2024 38.96 Mn
Sep 30, 2024 36.72 Mn
Jun 30, 2024 42.68 Mn
Mar 31, 2024 49.60 Mn
Dec 31, 2023 39.56 Mn
Sep 30, 2023 48.51 Mn
Jun 30, 2023 67.49 Mn
Mar 31, 2023 71.30 Mn
Dec 31, 2022 71.04 Mn
Sep 30, 2022 67.26 Mn
Jun 30, 2022 69.81 Mn
Mar 31, 2022 71.20 Mn
Dec 31, 2021 80.28 Mn
Sep 30, 2021 71.01 Mn
Jun 30, 2021 60.70 Mn