Cybin (HELP) Operating Expenses (2020 - 2026)

Cybin (HELP) posted quarterly Operating Expenses of $47.9 million for Q1 2026, down 51.99% year-on-year from $99.7 million in Q1 2025, and up 16.13% on a QoQ basis from $41.2 million in Q4 2025.

Cybin (HELP) Operating Expenses (2020 - 2026) Analysis & Trends

Cybin (HELP) has reported Operating Expenses for 7 consecutive years, with $47.9 million the latest figure, recorded in Q1 2026.

  • Quarterly Operating Expenses fell 51.99% year-over-year to $47.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $142.6 million (down 13.48% YoY) and the FY2026 annual result came in at $142.6 million, up 38.27% from the prior year.
  • Operating Expenses climbed to $47.9 million in Q1 2026 per HELP's latest filing, from $41.2 million in the prior quarter.
  • Over the last five years, Operating Expenses for HELP reached as high as $99.7 million in Q1 2025 and fell as low as -$16.9 million in Q1 2023.
  • A 5-year average of $21.9 million and a median of $9.5 million in 2023 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses sank 99.91% — and 2024, when it soared 411479.04%.
  • Year by year, Operating Expenses stood at $8.9 million in 2022, then sank by 99.78% to $19850.1 in 2023, then jumped by 112685.39% to $22.4 million in 2024, then soared by 84.07% to $41.2 million in 2025, then grew by 16.13% to $47.9 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $47.9 million, $41.2 million, and $28.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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 Cybin 28.04 Mn 28.04 Mn - 47.86 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 47.86 Mn
Dec 31, 2025 41.21 Mn
Sep 30, 2025 28.89 Mn
Jun 30, 2025 24.62 Mn
Mar 31, 2025 99.68 Mn
Dec 31, 2024 22.39 Mn
Sep 30, 2024 42.71 Mn
Jun 30, 2024 20,317.00
Mar 31, 2024 58.47 Mn
Dec 31, 2023 19,850.09
Sep 30, 2023 10,375.89
Jun 30, 2023 9.46 Mn
Feb 28, 2023 -16.88 Mn
Dec 31, 2022 8.91 Mn
Sep 30, 2022 12,327.00
May 31, 2022 4.55 Mn
Mar 31, 2022 16,338.00
Dec 31, 2021 16,455.00
Sep 30, 2021 13.59 Mn
Jun 30, 2021 11,339.76