Jaguar Health (JAGX) Operating Expenses (2014 - 2026)
Jaguar Health (JAGX) reported Operating Expenses of $10.1 million for Q1 2026, down 13.28% year-over-year from $11.6 million in Q1 2025, and down 58.78% quarter-over-quarter 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.
- Operating Expenses for Q1 2026 came in at $10.1 million, down 13.28% year-over-year; the trailing twelve-month figure through Mar 2026 was $55.9 million (up 28.18% YoY), and the FY2025 annual result was $57.4 million, up 35.04% from the prior year.
- Operating Expenses eased to $10.1 million in Q1 2026 per JAGX's latest filing, from $24.5 million in the prior quarter.
- Over five years, Operating Expenses peaked at $24.5 million in Q4 2025 and troughed at $9.4 million in Q2 2022.
- A 5-year average of $11.8 million and a median of $10.8 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses declined 26.01% in 2022, then jumped 109.81% in 2025.
- A 5-year view of Operating Expenses shows it stood at $9.5 million in 2022, then rose by 3.26% to $9.9 million in 2023, then climbed by 18.35% to $11.7 million in 2024, then jumped by 109.81% to $24.5 million in 2025, then plunged by 58.78% to $10.1 million in 2026.
- Business Quant data shows JAGX's Operating Expenses at $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 | Alterity Therapeutics | 723,416.35 Bn | 723,416.32 Bn | - | 4.33 Mn |
| 2 | Belite Bio | 57,340.00 Bn | 57,340.00 Bn | - | 32.68 Mn |
| 3 | Quantum Biopharma | 19,125.08 Bn | 19,125.08 Bn | - | 2.97 Mn |
| 4 | Legend Biotech | 3,262.00 Bn | 3,261.71 Bn | 242.10 Mn | -138.30 Mn |
| 5 | Akari Therapeutics | 1,789.67 Bn | 1,789.67 Bn | - | 15.76 Mn |
| 6 | Evaxion A | 1,480.39 Bn | 1,480.37 Bn | - | -3.82 Mn |
| 7 | Psyence Biomedical | 241.78 Bn | 241.78 Bn | - | 574,669.00 |
| 8 | Vertex Pharmaceuticals | 113.54 Bn | 106.29 Bn | 2.59 Bn | 1.85 Bn |
| 9 | Abivax | 94.26 Bn | 94.26 Bn | - | -67.40 Mn |
| 10 | Jaguar Health | 1.44 Mn | -10.19 Mn | 19.11 Mn | 10.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |