Fennec Pharmaceuticals (FENC) Operating Expenses (2010 - 2025)

Fennec Pharmaceuticals (FENC) posted Operating Expenses of $16.3 million for Q4 2025, up 29.09% on a QoQ basis from $12.7 million in Q3 2025, and up 84.34% year-over-year from $8.9 million in Q4 2024.

Fennec Pharmaceuticals (FENC) Operating Expenses (2010 - 2025) Analysis & Trends

Fennec Pharmaceuticals' Operating Expenses history runs 16 years deep, the most recent figure standing at $16.3 million for Q4 2025.

  • Quarterly Operating Expenses rose 84.34% year-over-year to $16.3 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $50.9 million (up 13.24% YoY) and the FY2025 annual result came in at $50.9 million, up 13.24% from the prior year.
  • Operating Expenses was $16.3 million for Q4 2025 at Fennec Pharmaceuticals, up from $12.7 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $16.3 million in Q4 2025 and bottomed at -$5.0 million in Q2 2022.
  • A 5-year average of $8.1 million and a median of $7.9 million in 2022 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses plunged 227.78% — and 2023, when it jumped 259.53%.
  • Fennec Pharmaceuticals' Operating Expenses stood at $4.2 million in 2021, then surged by 80.27% to $7.6 million in 2022, then jumped by 52.33% to $11.6 million in 2023, then declined by 23.32% to $8.9 million in 2024, then jumped by 84.34% to $16.3 million in 2025.
  • Business Quant data shows FENC's Operating Expenses at $16.3 million in Q4 2025, $12.7 million in Q3 2025, and $12.4 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -28.01 Mn
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - 15.76 Mn
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 1.10 Bn
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 1.85 Bn
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 2.96 Bn
7 Belite Bio 61.40 Bn 61.40 Bn - 32.68 Mn
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn -919.00 Mn
9 Revolution Medicines 37.37 Bn 37.37 Bn - 445.22 Mn
10 Fennec Pharmaceuticals 287.77 Mn 250.98 Mn 12.01 Mn 16.33 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 16.33 Mn
Sep 30, 2025 12.65 Mn
Jun 30, 2025 12.38 Mn
Mar 31, 2025 9.56 Mn
Dec 31, 2024 8.86 Mn
Sep 30, 2024 12.18 Mn
Jun 30, 2024 12.30 Mn
Mar 31, 2024 11.63 Mn
Dec 31, 2023 11.55 Mn
Sep 30, 2023 7.53 Mn
Jun 30, 2023 7.99 Mn
Mar 31, 2023 6.95 Mn
Dec 31, 2022 7.58 Mn
Sep 30, 2022 7.90 Mn
Jun 30, 2022 -5.01 Mn
Mar 31, 2022 3.55 Mn
Dec 31, 2021 4.21 Mn
Sep 30, 2021 4.17 Mn
Jun 30, 2021 3.92 Mn
Mar 31, 2021 4.92 Mn