Growth Metrics

LeonaBio (LONA) Operating Expenses (2019 - 2026)

LeonaBio (LONA) reported Operating Expenses of $893000.0 for Q1 2026, down 52.5% year-over-year from $1.9 million in Q1 2025, and down 99.08% on a QoQ basis from $96.9 million in Q4 2025.

LeonaBio (LONA) has 8 years of Operating Expenses data on file, last reported at $893000.0 in Q1 2026.

  • Quarterly Operating Expenses fell 52.5% year-over-year to $893000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $106.7 million (down 29.26% YoY) and the FY2025 annual result came in at $102.3 million, up 1.35% from the prior year.
  • Operating Expenses fell to $893000.0 in Q1 2026 per LONA's latest filing, from $96.9 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $96.9 million in Q4 2025 and bottomed at $893000.0 in Q1 2026.
  • The 5-year median for Operating Expenses is $28.0 million (2024), against an average of $28.8 million.
  • The widest annual swing landed in 2024, when Operating Expenses surged 214.87%; it then sank 94.42% in 2025.
  • Tracing LONA's Operating Expenses over 5 years: stood at $32.9 million in 2022, then dropped by 11.88% to $29.0 million in 2023, then surged by 214.87% to $91.4 million in 2024, then increased by 6.06% to $96.9 million in 2025, then slumped by 99.08% to $893000.0 in 2026.
  • Per Business Quant, the three latest LONA Operating Expenses figures stand at $893000.0 (Q1 2026), $96.9 million (Q4 2025), and $1.7 million (Q3 2025).

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 LeonaBio 181.52 Mn 113.84 Mn - 893,000.00

Historic Data

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DateValue
Mar 31, 2026 893,000.00
Dec 31, 2025 96.89 Mn
Sep 30, 2025 1.65 Mn
Jun 30, 2025 7.29 Mn
Mar 31, 2025 1.88 Mn
Dec 31, 2024 91.36 Mn
Sep 30, 2024 29.62 Mn
Jun 30, 2024 28.03 Mn
Mar 31, 2024 2.92 Mn
Dec 31, 2023 29.01 Mn
Sep 30, 2023 35.04 Mn
Jun 30, 2023 31.64 Mn
Mar 31, 2023 29.77 Mn
Dec 31, 2022 32.93 Mn
Sep 30, 2022 24.13 Mn
Jun 30, 2022 23.57 Mn
Mar 31, 2022 23.39 Mn
Dec 31, 2021 18.78 Mn
Sep 30, 2021 17.83 Mn
Jun 30, 2021 16.64 Mn
Mar 31, 2021 10.78 Mn
Dec 31, 2020 9.08 Mn
Sep 30, 2020 7.40 Mn
Jun 30, 2020 2.25 Mn
Mar 31, 2020 1.27 Mn
Dec 31, 2019 1.12 Mn
Sep 30, 2019 1.54 Mn