Korsana Biosciences (KRSA) Operating Expenses (2018 - 2025)
Korsana Biosciences (KRSA) recorded Operating Expenses of $1.88 million in Q3 2025, up 42.3% from $1.32 million a year earlier and up 6.6% from the prior quarter.
Korsana Biosciences (KRSA) Operating Expenses (2018 - 2025) Analysis & Trends
On a TTM basis, Korsana Biosciences' Operating Expenses came in at $6.49 million as of Sep 30, 2025, up 6.0% year-over-year; for FY2024, it came in at $5.63 million, down 56.5% from FY2023.
- Annual Operating Expenses has declined for five straight years, with a five-year compound annual growth rate of -46.6% (FY2019 to FY2024).
- Across earlier years, Operating Expenses came in at $12.95 million in FY2023 (-31.2%), $18.84 million in FY2022 (-68.1%), $59.14 million in FY2021 (-29.2%) and $83.56 million in FY2020 (-35.5%).
- The Q3 2025 figure is the highest quarterly Operating Expenses since Q3 2023.
- On a year-over-year basis, Operating Expenses rose in two of the last eight quarters, with an average decline of 22.1%.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 42.3% in Q3 2025, against a decline of 86.4% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.77 million (Q2 2025), $1.54 million (Q1 2025) and $1.3 million (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 10.12 Bn |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 10.56 Bn |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | 12.80 Bn |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | -6.09 Bn |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | -9.70 Bn |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 6.54 Bn |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | 18.20 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 6.68 Bn |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 2.09 Bn |
| 10 | Korsana Biosciences | 16.27 Mn | 1.82 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 1.88 Mn |
| Jun 30, 2025 | 1.77 Mn |
| Mar 31, 2025 | 1.54 Mn |
| Dec 31, 2024 | 1.30 Mn |
| Sep 30, 2024 | 1.32 Mn |
| Jun 30, 2024 | 1.38 Mn |
| Mar 31, 2024 | 1.62 Mn |
| Dec 31, 2023 | 1.80 Mn |
| Sep 30, 2023 | 6.02 Mn |
| Jun 30, 2023 | 1.87 Mn |
| Mar 31, 2023 | 3.28 Mn |
| Dec 31, 2022 | 4.46 Mn |
| Sep 30, 2022 | 4.52 Mn |
| Jun 30, 2022 | 13.74 Mn |
| Mar 31, 2022 | 13.70 Mn |
| Dec 31, 2021 | 14.87 Mn |
| Sep 30, 2021 | 11.63 Mn |
| Jun 30, 2021 | 19.18 Mn |
| Mar 31, 2021 | 13.46 Mn |
| Dec 31, 2020 | 19.36 Mn |
Korsana Biosciences 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=KRSA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "KRSA", "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=KRSA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();