Keros Therapeutics (KROS) Operating Expenses (2019 - 2026)
Keros Therapeutics (KROS) reported Operating Expenses of $30.94 million for Q2 2026, down 46.6% from $57.99 million a year earlier.
Keros Therapeutics (KROS) Operating Expenses (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Keros Therapeutics' Operating Expenses came in at $148.22 million, down 36.3% year-over-year; for FY2025, it came in at $176.49 million, down 17.7% from FY2024.
- Operating Expenses has a five-year compound annual growth rate of 30.5% (FY2020 to FY2025).
- By year, Operating Expenses came in at $214.38 million in FY2024 (+26.0%), $170.09 million in FY2023 (+48.2%), $114.79 million in FY2022 (+50.1%) and $76.47 million in FY2021 (+63.9%).
- Five-year quarterly Operating Expenses spans a low of $20.2 million in Q3 2021 and a high of $59.21 million in Q1 2025.
- Year over year, Operating Expenses gained in four of the last seven quarters, with an average decline of 7.1%.
- The high point for year-over-year Operating Expenses in five years was Q2 2022 (growth of 96.5%); the low point was Q3 2025 (a decline of 49.8%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,133.08 Bn | 1,101.67 Bn | 19.71 Bn | 7.95 Bn |
| 2 | Johnson & Johnson | 616.40 Bn | 534.93 Bn | 17.26 Bn | 10.12 Bn |
| 3 | AbbVie | 501.19 Bn | 474.31 Bn | 12.70 Bn | 10.56 Bn |
| 4 | Merck | 367.18 Bn | 321.56 Bn | 12.21 Bn | 12.80 Bn |
| 5 | Novartis Ag | 297.99 Bn | 261.98 Bn | 11.24 Bn | 6.09 Bn |
| 6 | Astrazeneca | 261.67 Bn | 235.36 Bn | 12.86 Bn | 9.70 Bn |
| 7 | Amgen | 235.57 Bn | 190.97 Bn | 7.24 Bn | 6.54 Bn |
| 8 | Gilead Sciences | 190.62 Bn | 164.82 Bn | 6.22 Bn | 18.20 Bn |
| 9 | Pfizer | 169.63 Bn | 116.28 Bn | 10.94 Bn | 6.68 Bn |
| 10 | Keros Therapeutics | 221.76 Mn | -1.71 Bn | - | 30.94 Mn |
Historic Data
| Date | Value |
|---|---|
| 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 |
Keros 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=KROS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "KROS", "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=KROS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();