Keros Therapeutics KROS
NASDAQ KROS
$11.10 -0.21 (-1.85%)
As of: Sep 10, 2026 · 1:27 PM EDT

Keros Therapeutics (KROS) Operating Expenses (2019 - 2026)

Keros Therapeutics' (KROS) quarterly Operating Expenses came in at $30.9 million in Q2 2026, down 46.65% on a YoY basis from $58.0 million in Q2 2025, and up 4.32% quarter-over-quarter from $29.7 million in Q4 2025.

Analysis

Keros Therapeutics (KROS) Operating Expenses (2019 - 2026) Analysis & Trends

Keros Therapeutics (KROS) has reported Operating Expenses for 8 consecutive years, with $30.9 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses fell 46.65% year-over-year to $30.9 million; the trailing twelve-month figure through Jun 2026 stood at $148.2 million (down 36.26% YoY), and the FY2025 full-year result was $176.5 million, down 17.67% from the prior year.
  • Operating Expenses improved to $30.9 million in Q2 2026 per KROS's latest filing, from $29.7 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $59.2 million in Q1 2025 and bottomed at $24.1 million in Q1 2022.
  • Historically, Operating Expenses has averaged $41.6 million across 5 years, with a median of $41.3 million in 2023.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses surged 96.46% in 2022, then tumbled 49.79% in 2025.
  • Over 5 years, Operating Expenses stood at $32.0 million in 2022, then surged by 45.8% to $46.6 million in 2023, then gained by 20.81% to $56.3 million in 2024, then slumped by 47.32% to $29.7 million in 2025, then rose by 4.32% to $30.9 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $30.9 million, $29.7 million, and $29.6 million for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Amgen 206.38 Bn 192.39 Bn 7.24 Bn 6.54 Bn
2 Gilead Sciences 180.22 Bn 177.04 Bn 6.22 Bn 18.20 Bn
3 Vertex Pharmaceuticals 131.28 Bn 123.42 Bn 2.84 Bn 2.09 Bn
4 Regeneron Pharmaceuticals 81.96 Bn 73.97 Bn 3.93 Bn 3.00 Bn
5 Argenx Se 60.49 Bn 55.30 Bn 1.37 Bn -1.05 Bn
6 Moderna 53.90 Bn 48.76 Bn 52.00 Mn 960.00 Mn
7 Alnylam Pharmaceuticals 33.41 Bn 30.11 Bn 992.69 Mn 1.06 Bn
8 Biogen 31.84 Bn 30.56 Bn 1.96 Bn 2.60 Bn
9 Roivant Sciences 29.08 Bn 29.08 Bn 1.16 Mn 367.83 Mn
10 Keros Therapeutics 219.78 Mn -37.82 Mn - 30.94 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 30.94 Mn
Dec 31, 2025 29.66 Mn
Sep 30, 2025 29.65 Mn
Jun 30, 2025 57.99 Mn
Mar 31, 2025 59.21 Mn
Dec 31, 2024 56.30 Mn
Sep 30, 2024 59.05 Mn
Jun 30, 2024 50.48 Mn
Mar 31, 2024 48.57 Mn
Dec 31, 2023 46.60 Mn
Sep 30, 2023 43.29 Mn
Jun 30, 2023 41.34 Mn
Mar 31, 2023 38.87 Mn
Dec 31, 2022 31.96 Mn
Sep 30, 2022 27.98 Mn
Jun 30, 2022 30.73 Mn
Mar 31, 2022 24.13 Mn
Dec 31, 2021 24.87 Mn
Sep 30, 2021 20.20 Mn
Jun 30, 2021 15.64 Mn