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| Date | Value |
|---|---|
| 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 |