ImmunityBio (IBRX) Operating Expenses (2014 - 2026)
ImmunityBio (IBRX) reported Operating Expenses of $114.0 million for Q1 2026, up 40.83% year-over-year from $80.9 million in Q1 2025, and up 10.71% quarter-over-quarter from $103.0 million in Q4 2025.
ImmunityBio (IBRX) Operating Expenses (2014 - 2026) Analysis & Trends
ImmunityBio (IBRX) has 13 years of Operating Expenses data on file, last reported at $114.0 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $114.0 million, up 40.83% year-over-year; the trailing twelve-month figure through Mar 2026 was $402.4 million (up 16.75% YoY), and the FY2025 annual result was $369.3 million, up 2.89% from the prior year.
- Operating Expenses climbed to $114.0 million in Q1 2026 per IBRX's latest filing, from $103.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $114.0 million in Q1 2026 and troughed at $77.0 million in Q4 2024.
- A 5-year average of $91.6 million and a median of $87.7 million in 2025 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2025 and 2026: Operating Expenses decreased 15.0% in 2025, then surged 40.83% in 2026.
- A 5-year view of Operating Expenses shows it stood at $85.0 million in 2022, then advanced by 0.65% to $85.5 million in 2023, then declined by 10.03% to $77.0 million in 2024, then surged by 33.81% to $103.0 million in 2025, then grew by 10.71% to $114.0 million in 2026.
- Business Quant data shows IBRX's Operating Expenses at $114.0 million in Q1 2026, $103.0 million in Q4 2025, and $87.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | 4.33 Mn |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | 32.68 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | 2.97 Mn |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -138.30 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -3.82 Mn |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 15.76 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | 574,669.00 |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 1.85 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -67.40 Mn |
| 10 | ImmunityBio | 7.55 Bn | 7.17 Bn | 43.97 Mn | 114.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 114.00 Mn |
| Dec 31, 2025 | 102.97 Mn |
| Sep 30, 2025 | 87.69 Mn |
| Jun 30, 2025 | 97.71 Mn |
| Mar 31, 2025 | 80.95 Mn |
| Dec 31, 2024 | 76.95 Mn |
| Sep 30, 2024 | 86.36 Mn |
| Jun 30, 2024 | 100.38 Mn |
| Mar 31, 2024 | 95.24 Mn |
| Dec 31, 2023 | 85.53 Mn |
| Sep 30, 2023 | 80.22 Mn |
| Jun 30, 2023 | 85.19 Mn |
| Mar 31, 2023 | 111.94 Mn |
| Dec 31, 2022 | 84.97 Mn |
| Sep 30, 2022 | 90.92 Mn |
| Jun 30, 2022 | 79.66 Mn |
| Mar 31, 2022 | 95.99 Mn |
| Dec 31, 2021 | 79.66 Mn |
| Sep 30, 2021 | 78.90 Mn |
| Jun 30, 2021 | 86.25 Mn |