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
DateValue
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