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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |