Opus Genetics (IRD) Operating Expenses (2010 - 2026)

Opus Genetics (IRD) reported Operating Expenses of $16.5 million for Q1 2026, up 15.54% year-over-year from $14.3 million in Q1 2025, and up 7.85% quarter-over-quarter from $15.3 million in Q4 2025.

Opus Genetics (IRD) Operating Expenses (2010 - 2026) Analysis & Trends

Opus Genetics (IRD) has 17 years of Operating Expenses data on file, last reported at $16.5 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $16.5 million, up 15.54% year-over-year; the trailing twelve-month figure through Mar 2026 was $55.0 million (down 29.42% YoY), and the FY2025 annual result was $52.8 million, down 27.74% from the prior year.
  • Operating Expenses grew to $16.5 million in Q1 2026 per IRD's latest filing, from $15.3 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $42.3 million in Q4 2024 and troughed at $4.5 million in Q3 2022.
  • A 5-year average of $11.4 million and a median of $9.4 million in 2024 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2024 and 2025: Operating Expenses soared 494.54% in 2024, then slumped 63.81% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $5.6 million in 2022, then rose by 26.24% to $7.1 million in 2023, then soared by 494.54% to $42.3 million in 2024, then plunged by 63.81% to $15.3 million in 2025, then grew by 7.85% to $16.5 million in 2026.
  • Business Quant data shows IRD's Operating Expenses at $16.5 million in Q1 2026, $15.3 million in Q4 2025, and $11.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 4.33 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - 32.68 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 2.97 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -138.30 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -3.82 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 15.76 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 574,669.00
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.85 Bn
9 Abivax 91.96 Bn 91.96 Bn - -67.40 Mn
10 Opus Genetics 355.39 Mn 295.43 Mn - 16.52 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 16.52 Mn
Dec 31, 2025 15.32 Mn
Sep 30, 2025 11.39 Mn
Jun 30, 2025 11.79 Mn
Mar 31, 2025 14.30 Mn
Dec 31, 2024 42.33 Mn
Sep 30, 2024 11.88 Mn
Jun 30, 2024 9.44 Mn
Mar 31, 2024 9.42 Mn
Dec 31, 2023 7.12 Mn
Sep 30, 2023 5.55 Mn
Jun 30, 2023 9.06 Mn
Mar 31, 2023 7.88 Mn
Dec 31, 2022 5.64 Mn
Sep 30, 2022 4.54 Mn
Jun 30, 2022 4.94 Mn
Mar 31, 2022 6.51 Mn
Dec 31, 2021 6.15 Mn
Sep 30, 2021 4.72 Mn
Jun 30, 2021 7.24 Mn