Immuneering (IMRX) Operating Expenses (2020 - 2026)
Immuneering (IMRX) recorded quarterly Operating Expenses of $15.3 million in Q1 2026, up 11.51% quarter-over-quarter from $13.8 million in Q4 2025, and down 0.97% on a YoY basis from $15.5 million in Q1 2025.
Immuneering (IMRX) Operating Expenses (2020 - 2026) Analysis & Trends
Immuneering's Operating Expenses history runs 7 years deep, the most recent figure standing at $15.3 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 0.97% year-over-year to $15.3 million; the TTM figure through Mar 2026 stood at $59.2 million (down 7.79% YoY), while the FY2025 annual figure was $59.4 million, down 7.33% from the prior year.
- Operating Expenses was $15.3 million for Q1 2026 at Immuneering, up from $13.8 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $18.6 million in Q4 2024 to a low of $11.7 million in Q2 2022.
- Historically, Operating Expenses has averaged $14.7 million across 5 years, with a median of $14.8 million in 2025.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses surged 98.0% in 2022, then fell 25.89% in 2025.
- A 5-year view of Operating Expenses shows it stood at $14.0 million in 2022, then rose by 16.56% to $16.3 million in 2023, then grew by 13.84% to $18.6 million in 2024, then fell by 25.89% to $13.8 million in 2025, then gained by 11.51% to $15.3 million in 2026.
- The last three Operating Expenses figures came in at $15.3 million (Q1 2026), $13.8 million (Q4 2025), and $15.4 million (Q3 2025), per Business Quant data.
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 | Immuneering | 255.40 Mn | 255.40 Mn | - | 15.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.34 Mn |
| Dec 31, 2025 | 13.75 Mn |
| Sep 30, 2025 | 15.38 Mn |
| Jun 30, 2025 | 14.76 Mn |
| Mar 31, 2025 | 15.48 Mn |
| Dec 31, 2024 | 18.56 Mn |
| Sep 30, 2024 | 15.27 Mn |
| Jun 30, 2024 | 14.91 Mn |
| Mar 31, 2024 | 15.33 Mn |
| Dec 31, 2023 | 16.30 Mn |
| Sep 30, 2023 | 13.93 Mn |
| Jun 30, 2023 | 13.50 Mn |
| Mar 31, 2023 | 14.68 Mn |
| Dec 31, 2022 | 13.99 Mn |
| Sep 30, 2022 | 13.21 Mn |
| Jun 30, 2022 | 11.69 Mn |
| Mar 31, 2022 | 13.02 Mn |
| Dec 31, 2021 | 11.10 Mn |
| Sep 30, 2021 | 8.81 Mn |
| Jun 30, 2021 | 8.33 Mn |