Kalaris Therapeutics (KLRS) Operating Expenses (2019 - 2026)
Kalaris Therapeutics (KLRS) recorded Operating Expenses of $12.39 million in Q2 2026, up 1.1% from $12.26 million a year earlier and up 4.7% from the prior quarter.
Kalaris Therapeutics (KLRS) Operating Expenses (2019 - 2026) Analysis & Trends
On a TTM basis, Kalaris Therapeutics' Operating Expenses came in at $47.76 million as of Jun 30, 2026, down 29.3% year-over-year; for FY2025, it was $46.15 million, down 10.8% from FY2024.
- Annual Operating Expenses has a five-year compound annual growth rate of -8.3% (FY2020 to FY2025).
- Across earlier years, Operating Expenses came in at $51.73 million in FY2024 (-74.1%), $199.9 million in FY2023 (+16.8%), $171.2 million in FY2022 (+0.8%) and $169.82 million in FY2021 (+138.1%).
- Quarterly Operating Expenses has ranged from $2.56 million in Q1 2024 to $62.41 million in Q4 2023 over the past five years.
- On a year-over-year basis, Operating Expenses has increased for three consecutive quarters, with growth averaging 48.6% over the last eight quarters.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 304.0% in Q1 2025, against a decline of 94.1% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $11.83 million (Q1 2026), $10.8 million (Q4 2025) and $12.74 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn | 15.99 Bn |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn | 11.12 Bn |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn | 11.14 Bn |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn | 12.53 Bn |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - | - |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn | 9.00 Bn |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn | 6.66 Bn |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn | 4.84 Bn |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn | 7.09 Bn |
| 10 | Kalaris Therapeutics | 44.52 Mn | -38.38 Mn | - | 11.81 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.81 Mn |
| Jun 30, 2026 | 12.39 Mn |
| Mar 31, 2026 | 11.83 Mn |
| Dec 31, 2025 | 10.80 Mn |
| Sep 30, 2025 | 12.74 Mn |
| Jun 30, 2025 | 12.26 Mn |
| Mar 31, 2025 | 10.35 Mn |
| Dec 31, 2024 | 7.13 Mn |
| Sep 30, 2024 | 37.85 Mn |
| Jun 30, 2024 | 4.19 Mn |
| Mar 31, 2024 | 2.56 Mn |
| Dec 31, 2023 | 62.41 Mn |
| Sep 30, 2023 | 46.96 Mn |
| Jun 30, 2023 | 47.30 Mn |
| Mar 31, 2023 | 43.23 Mn |
| Dec 31, 2022 | 40.43 Mn |
| Sep 30, 2022 | 42.95 Mn |
| Jun 30, 2022 | 44.62 Mn |
| Mar 31, 2022 | 43.19 Mn |
| Dec 31, 2021 | 55.80 Mn |
Kalaris 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=KLRS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "KLRS", "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=KLRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();