Jaguar Health (JAGX) Operating Expenses (2014 - 2026)

Jaguar Health's (JAGX) quarterly Operating Expenses came in at $10.1 million in Q1 2026, down 13.28% year-on-year from $11.6 million in Q1 2025, and down 58.78% on a QoQ basis from $24.5 million in Q4 2025.

Jaguar Health (JAGX) Operating Expenses (2014 - 2026) Analysis & Trends

Jaguar Health (JAGX) has 13 years of Operating Expenses data on file, last reported at $10.1 million in Q1 2026.

  • On a quarterly basis, Operating Expenses fell 13.28% year-over-year to $10.1 million in Q1 2026; TTM through Mar 2026 was $55.9 million, a 28.18% increase from a year earlier, with the FY2025 full-year figure at $57.4 million, up 35.04% from the prior year.
  • Operating Expenses for Q1 2026 stood at $10.1 million, down from $24.5 million in the prior quarter.
  • Over the last five years, Operating Expenses for JAGX reached as high as $24.5 million in Q4 2025 and fell as low as $9.4 million in Q2 2022.
  • Historically, Operating Expenses has averaged $11.8 million across 5 years, with a median of $10.8 million in 2023.
  • Across the five-year window, Operating Expenses slipped 26.01% in 2022 and surged 109.81% in 2025, its largest moves.
  • Year by year, Operating Expenses stood at $9.5 million in 2022, then climbed by 3.26% to $9.9 million in 2023, then rose by 18.35% to $11.7 million in 2024, then jumped by 109.81% to $24.5 million in 2025, then sank by 58.78% to $10.1 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $10.1 million in Q1 2026, $24.5 million in Q4 2025, and $10.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Nanobiotix 1,785.82 Bn 1,785.76 Bn - -
2 Akari Therapeutics 979.03 Bn 979.03 Bn - 15.76 Mn
3 BeOne Medicines 473.37 Bn 468.58 Bn 1.35 Bn 1.10 Bn
4 Vertex Pharmaceuticals 123.58 Bn 116.33 Bn 2.59 Bn 1.85 Bn
5 Regeneron Pharmaceuticals 71.54 Bn 62.78 Bn 3.31 Bn 2.96 Bn
6 Belite Bio 62.17 Bn 62.17 Bn - 32.68 Mn
7 Argenx Se 54.63 Bn 49.44 Bn 1.41 Bn 2.89 Bn
8 Alnylam Pharmaceuticals 38.11 Bn 35.10 Bn 959.66 Mn 898.54 Mn
9 Revolution Medicines 36.17 Bn 36.17 Bn - 445.22 Mn
10 Jaguar Health 523,524.81 -9.54 Mn 19.11 Mn 10.09 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 10.09 Mn
Dec 31, 2025 24.48 Mn
Sep 30, 2025 10.32 Mn
Jun 30, 2025 10.99 Mn
Mar 31, 2025 11.64 Mn
Dec 31, 2024 11.67 Mn
Sep 30, 2024 10.37 Mn
Jun 30, 2024 9.92 Mn
Mar 31, 2024 10.57 Mn
Dec 31, 2023 9.86 Mn
Sep 30, 2023 11.60 Mn
Jun 30, 2023 10.78 Mn
Mar 31, 2023 11.82 Mn
Dec 31, 2022 9.55 Mn
Sep 30, 2022 13.05 Mn
Jun 30, 2022 9.40 Mn
Mar 31, 2022 14.38 Mn
Dec 31, 2021 12.90 Mn
Sep 30, 2021 10.16 Mn
Jun 30, 2021 11.97 Mn