Pasithea Therapeutics (KTTA) Operating Expenses (2021 - 2026)

Pasithea Therapeutics recorded quarterly Operating Expenses of $4.9 million in Q1 2026, down 52.45% quarter-over-quarter from $10.3 million in Q4 2025, and up 32.49% year-over-year from $3.7 million in Q1 2025.

Pasithea Therapeutics' Operating Expenses history runs 6 years deep, the most recent figure standing at $4.9 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 32.49% year-over-year to $4.9 million; the TTM figure through Mar 2026 stood at $22.1 million (up 58.77% YoY), while the FY2025 annual figure was $20.9 million, up 46.37% from the prior year.
  • Operating Expenses came in at $4.9 million for Q1 2026 at Pasithea Therapeutics, down from $10.3 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $10.3 million in Q4 2025 to a low of $2.6 million in Q3 2022.
  • A 5-year average of $4.0 million and a median of $3.8 million in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses jumped 397.01% in 2022 and slumped 36.69% in 2024, its largest moves.
  • Pasithea Therapeutics' Operating Expenses stood at $4.0 million in 2022, then climbed by 27.36% to $5.1 million in 2023, then plunged by 36.69% to $3.3 million in 2024, then soared by 214.65% to $10.3 million in 2025, then slumped by 52.45% to $4.9 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $4.9 million, $10.3 million, and $3.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Quantum Biopharma 1,216,509.61 Bn 1,216,509.61 Bn - 2.97 Mn
2 Alterity Therapeutics 764,224.41 Bn 764,224.38 Bn - 4.33 Mn
3 Legend Biotech 2,716.00 Bn 2,715.71 Bn 242.10 Mn -138.30 Mn
4 Nanobiotix 2,248.83 Bn 2,248.77 Bn - -
5 Akari Therapeutics 1,951.18 Bn 1,951.17 Bn - 15.76 Mn
6 Vertex Pharmaceuticals 113.69 Bn 106.44 Bn 2.59 Bn 1.85 Bn
7 Evaxion A 64.16 Bn 64.14 Bn - -3.82 Mn
8 Regeneron Pharmaceuticals 63.94 Bn 55.18 Bn 3.31 Bn 2.96 Bn
9 Alnylam Pharmaceuticals 40.13 Bn 37.12 Bn 959.66 Mn 898.54 Mn
10 Pasithea Therapeutics 17.41 Mn 17.41 Mn - 4.88 Mn

Historic Data

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DateValue
Mar 31, 2026 4.88 Mn
Dec 31, 2025 10.26 Mn
Sep 30, 2025 3.11 Mn
Jun 30, 2025 3.81 Mn
Mar 31, 2025 3.68 Mn
Dec 31, 2024 3.26 Mn
Sep 30, 2024 3.00 Mn
Jun 30, 2024 3.95 Mn
Mar 31, 2024 4.04 Mn
Dec 31, 2023 5.15 Mn
Sep 30, 2023 3.79 Mn
Jun 30, 2023 3.83 Mn
Mar 31, 2023 3.21 Mn
Dec 31, 2022 4.04 Mn
Sep 30, 2022 2.58 Mn
Jun 30, 2022 2.61 Mn
Mar 31, 2022 2.73 Mn
Dec 31, 2021 1.95 Mn
Sep 30, 2021 1.27 Mn
Jun 30, 2021 727,947.00
Mar 31, 2021 549,609.00