Kala Bio (KALA) Operating Expenses (2016 - 2026)
Kala Bio (KALA) posted Operating Expenses of $1.72 million for Q2 2026, down 84.4% from $11.03 million a year earlier and down 4.5% from the prior quarter.
Kala Bio (KALA) Operating Expenses (2016 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Kala Bio was $20.99 million, down 49.0% year-over-year; for FY2025, it was $39.16 million, down 4.4% from FY2024.
- Annual Operating Expenses shows a five-year compound annual growth rate of -17.5% (FY2020 to FY2025).
- In prior years, Kala Bio's Operating Expenses was $40.98 million in FY2024 (+3.3%), $39.66 million in FY2023 (-53.7%), $85.6 million in FY2022 (-39.5%) and $141.49 million in FY2021 (+37.9%).
- The Q2 2026 figure stands as the lowest quarterly Operating Expenses in data going back to Q2 2016.
- On a year-over-year basis, Operating Expenses increased in three of the last eight quarters, with an average decline of 21.3%.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q4 2021, with growth of 55.9%; the weakest was Q2 2026, with a decline of 84.4%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $1.8 million (Q1 2026), $10.23 million (Q4 2025) and $7.24 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 10.12 Bn |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 10.56 Bn |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | 12.80 Bn |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | -6.09 Bn |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | -9.70 Bn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 6.54 Bn |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | 18.20 Bn |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | 6.68 Bn |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 2.09 Bn |
| 10 | Kala Bio | 6.57 Mn | 6.57 Mn | - | 1.72 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.72 Mn |
| Mar 31, 2026 | 1.80 Mn |
| Dec 31, 2025 | 10.23 Mn |
| Sep 30, 2025 | 7.24 Mn |
| Jun 30, 2025 | 11.03 Mn |
| Mar 31, 2025 | 10.67 Mn |
| Dec 31, 2024 | 9.46 Mn |
| Sep 30, 2024 | 9.99 Mn |
| Jun 30, 2024 | 9.61 Mn |
| Mar 31, 2024 | 11.93 Mn |
| Dec 31, 2023 | 9.62 Mn |
| Sep 30, 2023 | 8.76 Mn |
| Jun 30, 2023 | 9.60 Mn |
| Mar 31, 2023 | 11.68 Mn |
| Dec 31, 2022 | 10.25 Mn |
| Sep 30, 2022 | 14.99 Mn |
| Jun 30, 2022 | 28.07 Mn |
| Mar 31, 2022 | 32.29 Mn |
| Dec 31, 2021 | 48.67 Mn |
| Sep 30, 2021 | 29.14 Mn |
Kala Bio 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=KALA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "KALA", "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=KALA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();