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
DateValue
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