IO Biotech, Inc. (IOBTQ) Accumulated Expenses (2020 - 2025)
IO Biotech (IOBTQ) reported Accumulated Expenses of $11.94 million for Q3 2025, up 18.1% from $10.11 million a year earlier but down 12.2% from the prior quarter.
IO Biotech, Inc. (IOBTQ) Accumulated Expenses (2020 - 2025) Analysis & Trends
At the end of FY2024, IO Biotech posted Accumulated Expenses of $14.11 million, up 26.1% from FY2023.
- Accumulated Expenses has a four-year compound annual growth rate of 53.7% (FY2020 to FY2024).
- By year, Accumulated Expenses came in at $11.18 million in FY2023 (+81.6%), $6.16 million in FY2022 (-3.4%), $6.38 million in FY2021 (+152.3%) and $2.53 million in FY2020.
- Five-year quarterly Accumulated Expenses spans a low of $2.53 million in Q4 2020 and a high of $14.11 million in Q4 2024.
- Year over year, Accumulated Expenses has now increased in each of the last 11 quarters, with growth averaging 52.2% over the last eight quarters.
- The high point for year-over-year Accumulated Expenses in five years was Q4 2021 (growth of 152.3%); the low point was Q4 2022 (a decline of 3.4%).
- Per Business Quant data, the three quarters before Q3 2025 came in at $13.59 million (Q2 2025), $12.35 million (Q1 2025) and $14.11 million (Q4 2024).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 11.94 Mn |
| Jun 30, 2025 | 13.59 Mn |
| Mar 31, 2025 | 12.35 Mn |
| Dec 31, 2024 | 14.11 Mn |
| Sep 30, 2024 | 10.11 Mn |
| Jun 30, 2024 | 8.03 Mn |
| Mar 31, 2024 | 6.54 Mn |
| Dec 31, 2023 | 11.18 Mn |
| Sep 30, 2023 | 5.71 Mn |
| Jun 30, 2023 | 5.80 Mn |
| Mar 31, 2023 | 5.54 Mn |
| Dec 31, 2022 | 6.16 Mn |
| Sep 30, 2022 | 3.48 Mn |
| Jun 30, 2022 | 3.59 Mn |
| Mar 31, 2022 | 4.00 Mn |
| Dec 31, 2021 | 6.38 Mn |
| Sep 30, 2021 | 3.34 Mn |
| Dec 31, 2020 | 2.53 Mn |
IO Biotech, Inc. Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=IOBTQ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "IOBTQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=IOBTQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();