Lakefront Biotherapeutics (LKFT) Operating Expenses (2014 - 2026)
Lakefront Biotherapeutics' (LKFT) quarterly Operating Expenses came in at -$74.6 million in Q1 2026, up 61.2% year-on-year from -$46.3 million in Q1 2025, and up 40.41% on a QoQ basis from -$125.1 million in Q4 2025.
Lakefront Biotherapeutics (LKFT) Operating Expenses (2014 - 2026) Analysis & Trends
Lakefront Biotherapeutics (LKFT) has 12 years of Operating Expenses data on file, last reported at -$74.6 million in Q1 2026.
- On a quarterly basis, Operating Expenses rose 61.2% year-over-year to -$74.6 million in Q1 2026; TTM through Mar 2026 was -$394.0 million, a 3.07% decrease from a year earlier, with the FY2025 full-year figure at -$534.8 million, down 49.16% from the prior year.
- Operating Expenses for Q1 2026 stood at -$74.6 million, up from -$125.1 million in the prior quarter.
- Over the last five years, Operating Expenses for LKFT reached as high as $619.9 million in Q4 2022 and fell as low as -$204.6 million in Q4 2023.
- Historically, Operating Expenses has averaged -$46.0 million across 5 years, with a median of -$77.8 million in 2024.
- Across the five-year window, Operating Expenses soared 95.77% in 2024 and sank 1345.7% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $619.9 million in 2022, then tumbled by 133.01% to -$204.6 million in 2023, then surged by 95.77% to -$8.7 million in 2024, then sank by 1345.7% to -$125.1 million in 2025, then jumped by 40.41% to -$74.6 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were -$74.6 million in Q1 2026, -$125.1 million in Q4 2025, and -$86.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | -28.01 Mn |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | 15.76 Mn |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 1.10 Bn |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | 1.85 Bn |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 2.96 Bn |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | 32.68 Mn |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | -919.00 Mn |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | 445.22 Mn |
| 10 | Lakefront Biotherapeutics | 1.83 Bn | -1.66 Bn | 1.97 Mn | -74.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -74.57 Mn |
| Dec 31, 2025 | -125.13 Mn |
| Sep 30, 2025 | -86.39 Mn |
| Jun 30, 2025 | -107.88 Mn |
| Mar 31, 2025 | -192.18 Mn |
| Dec 31, 2024 | -8.66 Mn |
| Sep 30, 2024 | -102.13 Mn |
| Jun 30, 2024 | -79.26 Mn |
| Mar 31, 2024 | -77.78 Mn |
| Dec 31, 2023 | -204.64 Mn |
| Sep 30, 2023 | -63.68 Mn |
| Jun 30, 2023 | -61.20 Mn |
| Mar 31, 2023 | -56.35 Mn |
| Dec 31, 2022 | 619.94 Mn |
| Mar 31, 2022 | -69.97 Mn |
| Jun 30, 2021 | -240.64 Mn |
| Mar 31, 2021 | -54.23 Mn |
| Dec 31, 2020 | 1.37 Bn |
| Sep 30, 2020 | -104.54 Mn |
| Jun 30, 2020 | -224.56 Mn |