Immatics (IMTX) Operating Expenses (2019 - 2025)

Immatics (IMTX) has 7 years of Operating Expenses data on file, last reported at -$73.7 million in Q4 2025.

• For the quarter ending Q4 2025, Operating Expenses fell 24.54% year-over-year to -$73.7 million; the trailing twelve-month figure through Dec 2025 stood at -$266.0 million (down 26.34% YoY), and the FY2025 full-year result was -$265.5 million, down 26.11% from the prior year.
• Operating Expenses declined to -$73.7 million in Q4 2025, from -$70.0 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of -$34.5 million in Q2 2021 to a low of -$73.7 million in Q4 2025.
• A 5-year average of -$47.0 million and a median of -$41.4 million in 2023 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses slumped 86.6% in 2021 and dropped 1.74% in 2022, its largest moves.
• Tracing IMTX's Operating Expenses over 5 years: stood at -$36.4 million in 2021, then slipped by 5.41% to -$38.3 million in 2022, then decreased by 22.44% to -$47.0 million in 2023, then retreated by 26.02% to -$59.2 million in 2024, then dropped by 24.54% to -$73.7 million in 2025.
• Business Quant data shows IMTX's Operating Expenses at -$73.7 million in Q4 2025, -$70.0 million in Q3 2025, and -$65.5 million in Q2 2025.