Immuneering (IMRX) Operating Expenses (2020 - 2026)

Immuneering's (IMRX) quarterly Operating Expenses came in at $15.3 million in Q1 2026, down 0.97% year-on-year from $15.5 million in Q1 2025, and up 11.51% quarter-over-quarter from $13.8 million in Q4 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.

  • On a quarterly basis, Operating Expenses fell 0.97% year-over-year to $15.3 million in Q1 2026; TTM through Mar 2026 was $59.2 million, a 7.79% decrease from a year earlier, with the FY2025 full-year figure at $59.4 million, down 7.33% from the prior year.
  • Operating Expenses advanced to $15.3 million in Q1 2026 per IMRX's latest filing, from $13.8 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $18.6 million in Q4 2024 and bottomed at $11.7 million in Q2 2022.
  • The 5-year median for Operating Expenses is $14.8 million (2025), against an average of $14.7 million.
  • Across the five-year window, Operating Expenses jumped 98.0% in 2022 and decreased 25.89% in 2025, its largest moves.
  • Year by year, Operating Expenses 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.
  • Per Business Quant, the three latest IMRX Operating Expenses figures stand at $15.3 million (Q1 2026), $13.8 million (Q4 2025), and $15.4 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -28.01 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 1.10 Bn
4 NuCana 279.75 Bn 279.75 Bn - -3.78 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.85 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 2.96 Bn
7 Belite Bio 62.51 Bn 62.51 Bn - 32.68 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 2.89 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn - 445.22 Mn
10 Immuneering 283.85 Mn 283.85 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