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Galapagos (GLPG) Operating Expenses (2016 - 2026)

Galapagos has reported Operating Expenses over the past 12 years, most recently at -$74.6 million for Q1 2026.

  • Quarterly Operating Expenses rose 68.12% to -$74.6 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $881.6 million through Mar 2026, up 153.53% year-over-year, with the annual reading at $706.3 million for FY2025, 46.0% up from the prior year.
  • Operating Expenses was -$74.6 million for Q1 2026 at Galapagos, down from $1.2 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $1.2 billion in Q4 2025 and troughed at -$519.0 million in Q3 2025.
  • The 5-year median for Operating Expenses is -$37.4 million (2022), against an average of $146.5 million.
  • The largest YoY upside for Operating Expenses was 181.35% in 2023 against a maximum downside of 125.34% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $237.2 million in 2022, then surged by 181.35% to $667.5 million in 2023, then rose by 23.91% to $827.1 million in 2024, then skyrocketed by 49.65% to $1.2 billion in 2025, then tumbled by 106.03% to -$74.6 million in 2026.
  • Per Business Quant, the three most recent readings for GLPG's Operating Expenses are -$74.6 million (Q1 2026), $1.2 billion (Q4 2025), and -$519.0 million (Q3 2025).