Inhibikase Therapeutics (IKT) Operating Expenses (2020 - 2026)
Inhibikase Therapeutics (IKT) reported Operating Expenses of $17.8 million for Q1 2026, up 22.22% year-over-year from $14.6 million in Q1 2025, and up 29.52% quarter-over-quarter from $13.8 million in Q4 2025.
Inhibikase Therapeutics (IKT) Operating Expenses (2020 - 2026) Analysis & Trends
Inhibikase Therapeutics (IKT) has 7 years of Operating Expenses data on file, last reported at $17.8 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $17.8 million, up 22.22% year-over-year; the trailing twelve-month figure through Mar 2026 was $55.2 million (up 43.78% YoY), and the FY2025 annual result was $52.0 million, up 81.8% from the prior year.
- Operating Expenses improved to $17.8 million in Q1 2026 per IKT's latest filing, from $13.8 million in the prior quarter.
- Over five years, Operating Expenses peaked at $17.8 million in Q1 2026 and troughed at $4.4 million in Q4 2022.
- A 5-year average of $8.1 million and a median of $5.1 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses declined 20.07% in 2024, then surged 205.25% in 2025.
- A 5-year view of Operating Expenses shows it stood at $4.4 million in 2022, then climbed by 0.11% to $4.4 million in 2023, then soared by 193.6% to $12.9 million in 2024, then increased by 6.55% to $13.8 million in 2025, then climbed by 29.52% to $17.8 million in 2026.
- Business Quant data shows IKT's Operating Expenses at $17.8 million in Q1 2026, $13.8 million in Q4 2025, and $12.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 762,369.55 Bn | 762,369.51 Bn | - | 4.33 Mn |
| 2 | Belite Bio | 55,096.00 Bn | 55,096.00 Bn | - | 32.68 Mn |
| 3 | Quantum Biopharma | 17,755.80 Bn | 17,755.79 Bn | - | 2.97 Mn |
| 4 | Legend Biotech | 3,486.00 Bn | 3,485.71 Bn | 242.10 Mn | -138.30 Mn |
| 5 | Akari Therapeutics | 1,737.42 Bn | 1,737.41 Bn | - | 15.76 Mn |
| 6 | Evaxion A | 1,551.28 Bn | 1,551.26 Bn | - | -3.82 Mn |
| 7 | Psyence Biomedical | 227.32 Bn | 227.31 Bn | - | 574,669.00 |
| 8 | Vertex Pharmaceuticals | 110.84 Bn | 103.59 Bn | 2.59 Bn | 1.85 Bn |
| 9 | Abivax | 91.71 Bn | 91.71 Bn | - | -67.40 Mn |
| 10 | Inhibikase Therapeutics | 285.17 Mn | 114.80 Mn | - | 17.84 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.84 Mn |
| Dec 31, 2025 | 13.78 Mn |
| Sep 30, 2025 | 12.77 Mn |
| Jun 30, 2025 | 10.83 Mn |
| Mar 31, 2025 | 14.60 Mn |
| Dec 31, 2024 | 12.93 Mn |
| Sep 30, 2024 | 5.83 Mn |
| Jun 30, 2024 | 5.05 Mn |
| Mar 31, 2024 | 4.78 Mn |
| Dec 31, 2023 | 4.40 Mn |
| Sep 30, 2023 | 4.85 Mn |
| Jun 30, 2023 | 6.32 Mn |
| Mar 31, 2023 | 4.78 Mn |
| Dec 31, 2022 | 4.40 Mn |
| Sep 30, 2022 | 4.52 Mn |
| Jun 30, 2022 | 4.65 Mn |
| Mar 31, 2022 | 4.69 Mn |
| Dec 31, 2021 | 5.04 Mn |
| Sep 30, 2021 | 4.80 Mn |
| Jun 30, 2021 | 3.99 Mn |