ImmunityBio (IBRX) Operating Expenses (2014 - 2026)
ImmunityBio's (IBRX) quarterly Operating Expenses came in at $114.0 million in Q1 2026, up 40.83% year-on-year from $80.9 million in Q1 2025, and up 10.71% on a QoQ basis 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.
- On a quarterly basis, Operating Expenses rose 40.83% year-over-year to $114.0 million in Q1 2026; TTM through Mar 2026 was $402.4 million, a 16.75% increase from a year earlier, with the FY2025 full-year figure at $369.3 million, up 2.89% from the prior year.
- Operating Expenses for Q1 2026 stood at $114.0 million, up from $103.0 million in the prior quarter.
- Over the last five years, Operating Expenses for IBRX reached as high as $114.0 million in Q1 2026 and fell as low as $77.0 million in Q4 2024.
- Historically, Operating Expenses has averaged $91.6 million across 5 years, with a median of $87.7 million in 2025.
- Across the five-year window, Operating Expenses fell 15.0% in 2025 and soared 40.83% in 2026, its largest moves.
- Year by year, Operating Expenses stood at $85.0 million in 2022, then increased by 0.65% to $85.5 million in 2023, then decreased by 10.03% to $77.0 million in 2024, then surged by 33.81% to $103.0 million in 2025, then gained by 10.71% to $114.0 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $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 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | -28.01 Mn |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | 15.76 Mn |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 1.10 Bn |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | 1.85 Bn |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 2.96 Bn |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | 32.68 Mn |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | -919.00 Mn |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | 445.22 Mn |
| 10 | ImmunityBio | 7.35 Bn | 6.97 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 |