Jasper Therapeutics (JSPR) Operating Expenses (2020 - 2025)
Jasper Therapeutics' Operating Expenses came in at $15.84 million for Q4 2025, down 37.4% from $25.29 million a year earlier and down 17.4% from the prior quarter.
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Analysis
Jasper Therapeutics (JSPR) Operating Expenses (2020 - 2025) Analysis & Trends
For FY2025, Jasper Therapeutics' Operating Expenses was $83.88 million, up 10.0% from FY2024.
- Operating Expenses has increased in each of the last five years, with a five-year compound annual growth rate of 32.3% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $76.24 million in FY2024 (+10.7%), $68.86 million in FY2023 (+34.5%), $51.2 million in FY2022 (+39.0%) and $36.83 million in FY2021 (+78.1%).
- The Q4 2025 figure represents the lowest quarterly Operating Expenses since Q1 2024.
- Year-over-year, Operating Expenses increased in five of the last eight quarters, with growth averaging 14.5%.
- The fastest year-over-year change in Operating Expenses over five years came in Q1 2022 (growth of 104.3%), and the weakest in Q4 2025 (a decline of 37.4%).
- Business Quant data shows JSPR's Operating Expenses at $19.17 million (Q3 2025), $27.08 million (Q2 2025) and $21.8 million (Q1 2025) in the three quarters before Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,132.46 Bn | 1,101.04 Bn | 19.71 Bn | 7.95 Bn |
| 2 | Johnson & Johnson | 614.45 Bn | 532.98 Bn | 17.26 Bn | 10.12 Bn |
| 3 | AbbVie | 503.76 Bn | 476.87 Bn | 12.70 Bn | 10.56 Bn |
| 4 | Merck | 367.67 Bn | 322.05 Bn | 12.21 Bn | 12.80 Bn |
| 5 | Novartis Ag | 298.09 Bn | 262.08 Bn | 11.24 Bn | 6.09 Bn |
| 6 | Astrazeneca | 261.81 Bn | 235.50 Bn | 12.86 Bn | 9.70 Bn |
| 7 | Amgen | 236.49 Bn | 191.89 Bn | 7.24 Bn | 6.54 Bn |
| 8 | Gilead Sciences | 191.25 Bn | 165.45 Bn | 6.22 Bn | 18.20 Bn |
| 9 | Pfizer | 170.18 Bn | 116.83 Bn | 10.94 Bn | 6.68 Bn |
| 10 | Jasper Therapeutics | 14.63 Mn | -111.79 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 15.84 Mn |
| Sep 30, 2025 | 19.17 Mn |
| Jun 30, 2025 | 27.08 Mn |
| Mar 31, 2025 | 21.80 Mn |
| Dec 31, 2024 | 25.29 Mn |
| Sep 30, 2024 | 19.89 Mn |
| Jun 30, 2024 | 15.99 Mn |
| Mar 31, 2024 | 15.07 Mn |
| Dec 31, 2023 | 17.73 Mn |
| Sep 30, 2023 | 19.36 Mn |
| Jun 30, 2023 | 17.83 Mn |
| Mar 31, 2023 | 13.95 Mn |
| Dec 31, 2022 | 13.75 Mn |
| Sep 30, 2022 | 12.71 Mn |
| Jun 30, 2022 | 11.96 Mn |
| Mar 31, 2022 | 12.78 Mn |
| Dec 31, 2021 | 12.08 Mn |
| Sep 30, 2021 | 10.08 Mn |
| Jun 30, 2021 | 8.42 Mn |
| Mar 31, 2021 | 6.25 Mn |
API Access
Jasper Therapeutics Operating 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=operating-expenses&ticker=JSPR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "JSPR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=JSPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();