Greenwich LifeSciences (GLSI) Operating Expenses (2019 - 2025)
Greenwich LifeSciences (GLSI) posted Operating Expenses of $9.2 million for Q4 2025, up 145.73% on a QoQ basis from $3.7 million in Q3 2025, and down 5.5% year-over-year from $9.7 million in Q4 2024.
Greenwich LifeSciences (GLSI) Operating Expenses (2019 - 2025) Analysis & Trends
Greenwich LifeSciences' Operating Expenses history runs 7 years deep, the most recent figure standing at $9.2 million for Q4 2025.
- Quarterly Operating Expenses fell 5.5% year-over-year to $9.2 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $19.4 million (up 10.27% YoY) and the FY2025 annual result came in at $19.4 million, up 10.27% from the prior year.
- Operating Expenses was $9.2 million for Q4 2025 at Greenwich LifeSciences, up from $3.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at $9.7 million in Q4 2024 and bottomed at $600606.0 in Q1 2021.
- A 5-year average of $3.0 million and a median of $2.5 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2021 — Operating Expenses jumped 258.05% — and 2025, when it slipped 5.5%.
- Greenwich LifeSciences' Operating Expenses stood at $2.4 million in 2021, then increased by 21.77% to $2.9 million in 2022, then dropped by 2.03% to $2.8 million in 2023, then surged by 242.36% to $9.7 million in 2024, then slipped by 5.5% to $9.2 million in 2025.
- Business Quant data shows GLSI's Operating Expenses at $9.2 million in Q4 2025, $3.7 million in Q3 2025, and $3.8 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | -28.01 Mn |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 1.10 Bn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | -3.78 Mn |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 1.85 Bn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 2.96 Bn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | 32.68 Mn |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 2.89 Bn |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | 445.22 Mn |
| 10 | Greenwich LifeSciences | 178.53 Mn | 178.53 Mn | - | 9.18 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 9.18 Mn |
| Sep 30, 2025 | 3.73 Mn |
| Jun 30, 2025 | 3.77 Mn |
| Mar 31, 2025 | 2.77 Mn |
| Dec 31, 2024 | 9.71 Mn |
| Sep 30, 2024 | 2.73 Mn |
| Jun 30, 2024 | 2.66 Mn |
| Mar 31, 2024 | 2.54 Mn |
| Dec 31, 2023 | 2.84 Mn |
| Sep 30, 2023 | 2.50 Mn |
| Jun 30, 2023 | 1.75 Mn |
| Mar 31, 2023 | 2.24 Mn |
| Dec 31, 2022 | 2.89 Mn |
| Sep 30, 2022 | 2.38 Mn |
| Jun 30, 2022 | 773,307.00 |
| Mar 31, 2022 | 1.99 Mn |
| Dec 31, 2021 | 2.38 Mn |
| Sep 30, 2021 | 866,686.00 |
| Jun 30, 2021 | 753,445.00 |
| Mar 31, 2021 | 600,606.00 |