InflaRx (IFRX) Operating Expenses (2016 - 2026)
InflaRx's (IFRX) quarterly Operating Expenses came in at -$8.7 million in Q1 2026, up 38.7% year-on-year from -$6.3 million in Q1 2025, and down 113.12% quarter-over-quarter from $66.5 million in Q4 2025.
InflaRx (IFRX) Operating Expenses (2016 - 2026) Analysis & Trends
InflaRx has disclosed Operating Expenses across 11 years of filings, most recently posting -$8.7 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at -$8.7 million, up 38.7% year-over-year; the trailing twelve-month figure through Mar 2026 was -$13.0 billion (up 19.99% YoY), and the FY2025 annual result was $30.0 million, up 115.24% from the prior year.
- Operating Expenses came in at -$8.7 million for Q1 2026 at InflaRx, down from $66.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $66.5 million in Q4 2025 to a low of -$53456.5 billion in Q4 2022.
- The 5-year median for Operating Expenses is -$16.6 million (2022), against an average of -$5895.1 billion.
- Peak annual rise in Operating Expenses reached 100.0% in 2023, while the deepest fall reached 217380906.46% in 2023.
- InflaRx's Operating Expenses stood at -$53456.5 billion in 2022, then soared by 100.0% to $46.4 million in 2023, then increased by 17.75% to $54.6 million in 2024, then gained by 21.85% to $66.5 million in 2025, then sank by 113.12% to -$8.7 million in 2026.
- The last three Operating Expenses figures came in at -$8.7 million (Q1 2026), $66.5 million (Q4 2025), and -$11.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 723,416.35 Bn | 723,416.32 Bn | - | 4.33 Mn |
| 2 | Belite Bio | 57,340.00 Bn | 57,340.00 Bn | - | 32.68 Mn |
| 3 | Quantum Biopharma | 19,125.08 Bn | 19,125.08 Bn | - | 2.97 Mn |
| 4 | Legend Biotech | 3,262.00 Bn | 3,261.71 Bn | 242.10 Mn | -138.30 Mn |
| 5 | Akari Therapeutics | 1,789.67 Bn | 1,789.67 Bn | - | 15.76 Mn |
| 6 | Evaxion A | 1,480.39 Bn | 1,480.37 Bn | - | -3.82 Mn |
| 7 | Psyence Biomedical | 241.78 Bn | 241.78 Bn | - | 574,669.00 |
| 8 | Vertex Pharmaceuticals | 113.54 Bn | 106.29 Bn | 2.59 Bn | 1.85 Bn |
| 9 | Abivax | 94.26 Bn | 94.26 Bn | - | -67.40 Mn |
| 10 | InflaRx | 764.68 Mn | 764.68 Mn | 10,877.40 | -8.73 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -8.73 Mn |
| Dec 31, 2025 | 66.53 Mn |
| Sep 30, 2025 | -11.72 Mn |
| Jun 30, 2025 | -13.01 Bn |
| Mar 31, 2025 | -14.24 Mn |
| Dec 31, 2024 | 54.60 Mn |
| Sep 30, 2024 | -17.19 Mn |
| Jun 30, 2024 | -16.23 Bn |
| Mar 31, 2024 | -13.41 Mn |
| Dec 31, 2023 | 46.37 Mn |
| Sep 30, 2023 | -12.81 Mn |
| Jun 30, 2023 | -36,018.24 Bn |
| Mar 31, 2023 | -19.69 Mn |
| Dec 31, 2022 | -53,456.49 Bn |
| Sep 30, 2022 | -10,712.55 Bn |
| Jun 30, 2022 | -16.57 Mn |
| Mar 31, 2022 | -16.68 Mn |
| Dec 31, 2021 | -54,547.53 Bn |
| Sep 30, 2021 | -15.04 Mn |
| Jun 30, 2021 | -16.86 Mn |