IGC Pharma IGC
NYSE IGC
$0.28 +0.00 (+1.19%)
As of: Sep 10, 2026 · 3:23 PM EDT

IGC Pharma (IGC) Operating Expenses (2010 - 2025)

IGC Pharma's (IGC) quarterly Operating Expenses came in at $3.0 million in Q3 2025, up 53.12% year-over-year from $2.0 million in Q3 2024, and down 17.32% quarter-over-quarter from $3.6 million in Q2 2025.

Analysis

IGC Pharma (IGC) Operating Expenses (2010 - 2025) Analysis & Trends

IGC Pharma (IGC) has reported Operating Expenses for 16 consecutive years, with $3.0 million the latest figure, recorded in Q3 2025.

  • On a quarterly basis, Operating Expenses rose 53.12% year-over-year to $3.0 million in Q3 2025; TTM through Sep 2025 was $10.2 million, a 1.57% increase from a year earlier, with the FY2026 full-year figure at $2.5 million, down 69.01% from the prior year.
  • Operating Expenses was $3.0 million for Q3 2025 at IGC Pharma, down from $3.6 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $6.6 million in Q1 2022 and troughed at $1.6 million in Q1 2025.
  • A 5-year average of $2.9 million and a median of $2.6 million in 2022 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses soared 157.7% in 2021 and tumbled 42.82% in 2024, its largest moves.
  • Over 5 years, Operating Expenses stood at $2.4 million in 2021, then fell by 2.74% to $2.4 million in 2022, then jumped by 31.55% to $3.1 million in 2023, then plunged by 36.7% to $2.0 million in 2024, then soared by 51.26% to $3.0 million in 2025.
  • The last three Operating Expenses figures came in at $3.0 million (Q3 2025), $3.6 million (Q2 2025), and $1.6 million (Q1 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Amgen 206.74 Bn 192.75 Bn 7.24 Bn 6.54 Bn
2 Gilead Sciences 179.96 Bn 176.78 Bn 6.22 Bn 18.20 Bn
3 Vertex Pharmaceuticals 131.20 Bn 123.35 Bn 2.84 Bn 2.09 Bn
4 Regeneron Pharmaceuticals 82.05 Bn 74.05 Bn 3.93 Bn 3.00 Bn
5 Argenx Se 60.28 Bn 55.10 Bn 1.37 Bn -1.05 Bn
6 Moderna 53.67 Bn 48.54 Bn 52.00 Mn 960.00 Mn
7 Alnylam Pharmaceuticals 33.08 Bn 29.78 Bn 992.69 Mn 1.06 Bn
8 Biogen 31.91 Bn 30.62 Bn 1.96 Bn 2.60 Bn
9 Roivant Sciences 29.22 Bn 29.22 Bn 1.16 Mn 367.83 Mn
10 IGC Pharma 27.58 Mn 27.32 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2025 3.00 Mn
Jun 30, 2025 3.63 Mn
Mar 31, 2025 1.57 Mn
Dec 31, 2024 1.98 Mn
Sep 30, 2024 1.96 Mn
Jun 30, 2024 2.56 Mn
Mar 31, 2024 2.37 Mn
Dec 31, 2023 3.13 Mn
Sep 30, 2023 2.67 Mn
Jun 30, 2023 2.39 Mn
Mar 31, 2023 4.14 Mn
Dec 31, 2022 2.38 Mn
Sep 30, 2022 2.62 Mn
Jun 30, 2022 2.94 Mn
Mar 31, 2022 6.57 Mn
Dec 31, 2021 2.45 Mn
Sep 30, 2021 4.39 Mn
Jun 30, 2021 2.22 Mn
Mar 31, 2021 2.82 Mn
Dec 31, 2020 2.34 Mn