Structure Therapeutics (GPCR) Operating Expenses (2022 - 2026)
Structure Therapeutics (GPCR) recorded quarterly Operating Expenses of $89.4 million in Q1 2026, up 472.58% quarter-over-quarter from -$24.0 million in Q4 2025, and up 58.72% on a YoY basis from $56.3 million in Q1 2025.
Structure Therapeutics (GPCR) Operating Expenses (2022 - 2026) Analysis & Trends
Structure Therapeutics' Operating Expenses history runs 5 years deep, the most recent figure standing at $89.4 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 58.72% year-over-year to $89.4 million; the TTM figure through Mar 2026 stood at $209.6 million (up 14.85% YoY), while the FY2025 annual figure was $176.6 million, up 11.59% from the prior year.
- Operating Expenses was $89.4 million for Q1 2026 at Structure Therapeutics, up from -$24.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $89.4 million in Q1 2026 to a low of -$24.0 million in Q4 2025.
- Historically, Operating Expenses has averaged $34.1 million across 5 years, with a median of $31.0 million in 2023.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses jumped 139.23% in 2023, then slumped 150.97% in 2025.
- A 5-year view of Operating Expenses shows it stood at $13.0 million in 2022, then surged by 139.23% to $31.0 million in 2023, then surged by 51.84% to $47.1 million in 2024, then sank by 150.97% to -$24.0 million in 2025, then soared by 472.58% to $89.4 million in 2026.
- The last three Operating Expenses figures came in at $89.4 million (Q1 2026), -$24.0 million (Q4 2025), and $73.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 814,307.08 Bn | 814,307.05 Bn | - | 4.33 Mn |
| 2 | Belite Bio | 55,320.00 Bn | 55,320.00 Bn | - | 32.68 Mn |
| 3 | Quantum Biopharma | 17,149.72 Bn | 17,149.72 Bn | - | 2.97 Mn |
| 4 | Legend Biotech | 3,590.00 Bn | 3,589.71 Bn | 242.10 Mn | -138.30 Mn |
| 5 | Akari Therapeutics | 1,650.72 Bn | 1,650.72 Bn | - | 15.76 Mn |
| 6 | Evaxion A | 1,522.09 Bn | 1,522.07 Bn | - | -3.82 Mn |
| 7 | Psyence Biomedical | 229.39 Bn | 229.38 Bn | - | 574,669.00 |
| 8 | Vertex Pharmaceuticals | 113.09 Bn | 105.85 Bn | 2.59 Bn | 1.85 Bn |
| 9 | Abivax | 90.15 Bn | 90.15 Bn | - | -67.40 Mn |
| 10 | Structure Therapeutics | 9.35 Bn | 9.35 Bn | - | 89.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 89.38 Mn |
| Dec 31, 2025 | -23.99 Mn |
| Sep 30, 2025 | 73.79 Mn |
| Jun 30, 2025 | 70.45 Mn |
| Mar 31, 2025 | 56.31 Mn |
| Dec 31, 2024 | 47.06 Mn |
| Sep 30, 2024 | 45.84 Mn |
| Jun 30, 2024 | 33.32 Mn |
| Mar 31, 2024 | 32.02 Mn |
| Dec 31, 2023 | 30.99 Mn |
| Sep 30, 2023 | 26.15 Mn |
| Jun 30, 2023 | 25.99 Mn |
| Mar 31, 2023 | 19.65 Mn |
| Dec 31, 2022 | 12.96 Mn |
| Sep 30, 2022 | 12.69 Mn |
| Jun 30, 2022 | 13.96 Mn |
| Mar 31, 2022 | 12.95 Mn |