Lb Pharmaceuticals (LBRX) Operating Expenses (2024 - 2026)
Lb Pharmaceuticals' quarterly Operating Expenses came in at $22.1 million in Q1 2026, up 243.82% year-on-year from $6.4 million in Q1 2025, and up 59.37% quarter-over-quarter from $13.9 million in Q4 2025.
Lb Pharmaceuticals has reported Operating Expenses for 3 years, with the latest figure at $22.1 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 243.82% year-over-year to $22.1 million; the trailing twelve-month figure through Mar 2026 stood at $47.6 million (changed N/A YoY), and the FY2025 full-year result was $30.4 million, down 53.1% from the prior year.
- Operating Expenses for Q1 2026 stood at $22.1 million, up from $13.9 million in the prior quarter.
- The five-year high for Operating Expenses was $22.1 million in Q1 2026, with the low at $5.2 million in Q3 2025.
- Average Operating Expenses over 3 years is $11.5 million, with a median of $10.1 million recorded in 2025.
- Year-over-year, Operating Expenses plunged 67.38% in 2025 and soared 243.82% in 2026.
- Tracing LBRX's Operating Expenses over 3 years: stood at $5.5 million in 2024, then surged by 150.41% to $13.9 million in 2025, then surged by 59.37% to $22.1 million in 2026.
- The last three Operating Expenses figures came in at $22.1 million (Q1 2026), $13.9 million (Q4 2025), and $5.2 million (Q3 2025), per Business Quant data.
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 | Lb Pharmaceuticals | 789.92 Mn | 789.92 Mn | - | 22.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.10 Mn |
| Dec 31, 2025 | 13.87 Mn |
| Sep 30, 2025 | 5.25 Mn |
| Mar 31, 2025 | 6.43 Mn |
| Dec 31, 2024 | 5.54 Mn |
| Sep 30, 2024 | 16.08 Mn |