Structure Therapeutics (GPCR) Operating Expenses (2022 - 2026)
Structure Therapeutics (GPCR) recorded Operating Expenses of $118.63 million in Q2 2026, up 68.4% from $70.45 million a year earlier and up 32.7% from the prior quarter.
Structure Therapeutics (GPCR) Operating Expenses (2022 - 2026) Analysis & Trends
On a TTM basis, Structure Therapeutics' Operating Expenses came in at $257.81 million as of Jun 30, 2026, up 17.4% year-over-year; for FY2025, it came in at $176.56 million, up 11.6% from FY2024.
- Annual Operating Expenses has increased for three straight years, with a three-year compound annual growth rate of 49.8% (FY2022 to FY2025).
- Across earlier years, Operating Expenses came in at $158.23 million in FY2024 (+54.0%), $102.78 million in FY2023 (+95.5%) and $52.56 million in FY2022.
- The Q2 2026 figure is the highest quarterly Operating Expenses in data going back to Q1 2022.
- Across the past five years, year-over-year growth in Operating Expenses ran from 28.2% in Q2 2024 to 139.2% in Q4 2023.
- Per Business Quant, the preceding three quarters came in at $89.38 million (Q1 2026), -$23.99 million (Q4 2025) and $73.79 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 10.12 Bn |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 10.56 Bn |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | 12.80 Bn |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | -6.09 Bn |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | -9.70 Bn |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 6.54 Bn |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | 18.20 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 6.68 Bn |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 2.09 Bn |
| 10 | Structure Therapeutics | 7.49 Bn | 7.49 Bn | - | 118.63 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 118.63 Mn |
| 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 |
Structure Therapeutics Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=GPCR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "GPCR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=GPCR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();