Kymera Therapeutics (KYMR) Operating Expenses (2019 - 2026)
Kymera Therapeutics' Operating Expenses was $140.61 million in Q2 2026, up 46.4% from $96.03 million a year earlier and up 18.6% from the prior quarter.
Kymera Therapeutics (KYMR) Operating Expenses (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Kymera Therapeutics' Operating Expenses was $455.18 million through Jun 30, 2026, up 27.7% year-over-year; for FY2025, it came in at $388.61 million, up 25.9% from FY2024.
- Operating Expenses has now increased for six consecutive years, with a five-year compound annual growth rate of 37.1% (FY2020 to FY2025).
- In earlier years, Operating Expenses was $308.71 million in FY2024 (+26.5%), $244.12 million in FY2023 (+17.3%), $208.08 million in FY2022 (+20.0%) and $173.36 million in FY2021 (+115.8%).
- The Q2 2026 figure marks the highest quarterly Operating Expenses in data going back to Q3 2019.
- Compared with a year earlier, Operating Expenses has increased for 24 straight quarters, with growth averaging 28.7% over the last eight quarters.
- Across the past five years, year-over-year growth in Operating Expenses ran from 11.1% in Q3 2022 to 116.5% in Q3 2021.
- Per Business Quant data, KYMR's Operating Expenses in the three quarters before Q2 2026 was $118.52 million (Q1 2026), $100.77 million (Q4 2025) and $95.29 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,136.97 Bn | 1,105.55 Bn | 19.71 Bn | 7.95 Bn |
| 2 | Johnson & Johnson | 619.72 Bn | 538.25 Bn | 17.26 Bn | 10.12 Bn |
| 3 | AbbVie | 503.40 Bn | 476.52 Bn | 12.70 Bn | 10.56 Bn |
| 4 | Merck | 370.15 Bn | 324.53 Bn | 12.21 Bn | 12.80 Bn |
| 5 | Novartis Ag | 298.64 Bn | 262.63 Bn | 11.24 Bn | 6.09 Bn |
| 6 | Astrazeneca | 261.07 Bn | 234.76 Bn | 12.86 Bn | 9.70 Bn |
| 7 | Amgen | 237.00 Bn | 192.40 Bn | 7.24 Bn | 6.54 Bn |
| 8 | Gilead Sciences | 191.24 Bn | 165.43 Bn | 6.22 Bn | 18.20 Bn |
| 9 | Pfizer | 170.31 Bn | 116.96 Bn | 10.94 Bn | 6.68 Bn |
| 10 | Kymera Therapeutics | 11.09 Bn | 8.39 Bn | - | 140.61 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 140.61 Mn |
| Mar 31, 2026 | 118.52 Mn |
| Dec 31, 2025 | 100.77 Mn |
| Sep 30, 2025 | 95.29 Mn |
| Jun 30, 2025 | 96.03 Mn |
| Mar 31, 2025 | 96.53 Mn |
| Dec 31, 2024 | 88.15 Mn |
| Sep 30, 2024 | 75.87 Mn |
| Jun 30, 2024 | 76.58 Mn |
| Mar 31, 2024 | 68.12 Mn |
| Dec 31, 2023 | 67.20 Mn |
| Sep 30, 2023 | 62.24 Mn |
| Jun 30, 2023 | 59.90 Mn |
| Mar 31, 2023 | 54.79 Mn |
| Dec 31, 2022 | 54.77 Mn |
| Sep 30, 2022 | 54.43 Mn |
| Jun 30, 2022 | 52.32 Mn |
| Mar 31, 2022 | 46.56 Mn |
| Dec 31, 2021 | 49.27 Mn |
| Sep 30, 2021 | 48.97 Mn |
Kymera 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=KYMR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "KYMR", "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=KYMR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();