Fractyl Health (GUTS) Operating Expenses (2023 - 2026)

Fractyl Health (GUTS) has reported Operating Expenses for 4 consecutive years, with $19.1 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses fell 26.78% year-over-year to $19.1 million; the trailing twelve-month figure through Jun 2026 stood at $85.9 million (down 13.98% YoY), and the FY2025 full-year result was $96.8 million, up 3.46% from the prior year.
• Operating Expenses was $19.1 million for Q2 2026 at Fractyl Health, down from $20.8 million in the prior quarter.
• The five-year high for Operating Expenses was $26.1 million in Q2 2025, with the low at $11.9 million in Q2 2023.
• Historically, Operating Expenses has averaged $20.1 million across 4 years, with a median of $22.1 million in 2024.
• Annual changes were most pronounced in 2024 — Operating Expenses surged 94.16% — and 2026, when it retreated 26.78%.
• Tracing GUTS's Operating Expenses over 4 years: stood at $13.0 million in 2023, then surged by 94.16% to $25.2 million in 2024, then retreated by 7.65% to $23.3 million in 2025, then decreased by 17.99% to $19.1 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $19.1 million in Q2 2026, $20.8 million in Q1 2026, and $23.3 million in Q4 2025.