Kezar Life Sciences KZR
KZR
$7.29 +0.00 (+0.00%)
At close: May 11, 2026 · 4:00 PM EDT

Kezar Life Sciences, Inc. (KZR) Operating Expenses (2017 - 2026)

Kezar Life Sciences (KZR) posted Operating Expenses of $7.4 million for Q1 2026, down 51.43% sequentially from $15.2 million in Q4 2025, and down 58.22% YoY from $17.6 million in Q1 2025.

Kezar Life Sciences, Inc. (KZR) Operating Expenses (2017 - 2026) Analysis & Trends

Kezar Life Sciences has reported Operating Expenses for 10 years, with the latest figure at $7.4 million in Q1 2026.

  • Quarterly Operating Expenses fell 58.22% year-over-year to $7.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $48.8 million (down 42.21% YoY) and the FY2025 annual result came in at $59.1 million, down 34.76% from the prior year.
  • Operating Expenses retreated to $7.4 million in Q1 2026 per KZR's latest filing, from $15.2 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $34.6 million in Q4 2023 and troughed at $7.4 million in Q1 2026.
  • A 5-year average of $20.4 million and a median of $20.0 million in 2022 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2023 and 2026: Operating Expenses surged 72.65% in 2023, then plunged 58.22% in 2026.
  • Over 5 years, Operating Expenses stood at $20.0 million in 2022, then soared by 72.65% to $34.6 million in 2023, then tumbled by 37.66% to $21.6 million in 2024, then slipped by 29.68% to $15.2 million in 2025, then plunged by 51.43% to $7.4 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $7.4 million, $15.2 million, and $11.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 7.37 Mn
Dec 31, 2025 15.16 Mn
Sep 30, 2025 11.72 Mn
Jun 30, 2025 14.60 Mn
Mar 31, 2025 17.63 Mn
Dec 31, 2024 21.56 Mn
Sep 30, 2024 21.95 Mn
Jun 30, 2024 23.38 Mn
Mar 31, 2024 23.71 Mn
Dec 31, 2023 34.59 Mn
Sep 30, 2023 32.53 Mn
Jun 30, 2023 26.78 Mn
Mar 31, 2023 24.52 Mn
Dec 31, 2022 20.03 Mn
Sep 30, 2022 18.93 Mn
Jun 30, 2022 16.32 Mn
Mar 31, 2022 15.88 Mn
Dec 31, 2021 14.10 Mn
Sep 30, 2021 14.50 Mn
Jun 30, 2021 13.01 Mn