Fennec Pharmaceuticals (FENC) Operating Expenses (2010 - 2025)
Fennec Pharmaceuticals posted quarterly Operating Expenses of $16.3 million for Q4 2025, up 84.34% year-on-year from $8.9 million in Q4 2024, and up 29.09% on a QoQ basis from $12.7 million in Q3 2025.
Fennec Pharmaceuticals (FENC) has 16 years of Operating Expenses data on file, last reported at $16.3 million in Q4 2025.
- For the quarter ending Q4 2025, Operating Expenses rose 84.34% year-over-year to $16.3 million; the trailing twelve-month figure through Dec 2025 stood at $50.9 million (up 13.24% YoY), and the FY2025 full-year result was $50.9 million, up 13.24% from the prior year.
- Operating Expenses for Q4 2025 stood at $16.3 million, 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.
- The 5-year median for Operating Expenses is $7.9 million (2022), against an average of $8.1 million.
- The widest annual swing landed in 2022, when Operating Expenses tumbled 227.78%; it then jumped 259.53% in 2023.
- A 5-year view of Operating Expenses shows it stood at $4.2 million in 2021, then jumped by 80.27% to $7.6 million in 2022, then soared by 52.33% to $11.6 million in 2023, then dropped by 23.32% to $8.9 million in 2024, then soared by 84.34% to $16.3 million in 2025.
- The last three Operating Expenses figures came in at $16.3 million (Q4 2025), $12.7 million (Q3 2025), and $12.4 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Quantum Biopharma | 961,148.99 Bn | 961,148.98 Bn | - | 2.97 Mn |
| 2 | Alterity Therapeutics | 744,933.29 Bn | 744,933.26 Bn | - | 4.33 Mn |
| 3 | Legend Biotech | 2,540.00 Bn | 2,539.71 Bn | 242.10 Mn | -138.30 Mn |
| 4 | Nanobiotix | 2,199.85 Bn | 2,199.78 Bn | - | - |
| 5 | Akari Therapeutics | 1,635.88 Bn | 1,635.88 Bn | - | 15.76 Mn |
| 6 | Vertex Pharmaceuticals | 111.32 Bn | 104.07 Bn | 2.59 Bn | 1.85 Bn |
| 7 | Evaxion A | 62.56 Bn | 62.54 Bn | - | -3.82 Mn |
| 8 | Regeneron Pharmaceuticals | 62.55 Bn | 53.79 Bn | 3.31 Bn | 2.96 Bn |
| 9 | Alnylam Pharmaceuticals | 39.57 Bn | 36.56 Bn | 959.66 Mn | 898.54 Mn |
| 10 | Fennec Pharmaceuticals | 281.48 Mn | 244.70 Mn | 7.67 Mn | 16.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2020 | 3.52 Mn |
| Sep 30, 2020 | 5.86 Mn |
| Jun 30, 2020 | 4.85 Mn |
| Mar 31, 2020 | 3.84 Mn |
| Dec 31, 2019 | 3.65 Mn |
| Sep 30, 2019 | 1.86 Mn |
| Jun 30, 2019 | 4.81 Mn |
| Mar 31, 2019 | 2.68 Mn |
| Dec 31, 2018 | 3.11 Mn |
| Sep 30, 2018 | 2.85 Mn |
| Jun 30, 2018 | 2.67 Mn |
| Mar 31, 2018 | 1.79 Mn |
| Dec 31, 2017 | 2.52 Mn |
| Sep 30, 2017 | 2.19 Mn |
| Jun 30, 2017 | 1.48 Mn |
| Mar 31, 2017 | 771,000.00 |
| Dec 31, 2016 | 1.15 Mn |
| Sep 30, 2016 | 564,000.00 |
| Jun 30, 2016 | 707,000.00 |
| Mar 31, 2016 | 454,000.00 |
| Dec 31, 2015 | 551,000.00 |
| Sep 30, 2015 | 338,000.00 |
| Jun 30, 2015 | 549,000.00 |
| Mar 31, 2015 | 452,000.00 |
| Dec 31, 2014 | 791,000.00 |
| Sep 30, 2014 | 619,000.00 |
| Jun 30, 2014 | 930,000.00 |
| Mar 31, 2014 | 529,000.00 |
| Dec 31, 2013 | 416,000.00 |
| Sep 30, 2013 | 51,000.00 |
| Jun 30, 2013 | 927,000.00 |
| Mar 31, 2013 | 537,000.00 |
| Dec 31, 2012 | 1.12 Mn |
| Sep 30, 2012 | 630,000.00 |
| Jun 30, 2012 | 1.25 Mn |
| Mar 31, 2012 | 616,000.00 |
| Dec 31, 2011 | 902,000.00 |
| Sep 30, 2011 | 944,000.00 |
| Jun 30, 2011 | 572,000.00 |
| Mar 31, 2011 | 1.02 Mn |
| Dec 31, 2010 | 816,000.00 |
| Sep 30, 2010 | 917,000.00 |
| Jun 30, 2010 | 2.51 Mn |