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% quarter-over-quarter from $96.9 million in Q4 2025.

LeonaBio (LONA) Operating Expenses (2019 - 2026) Analysis & Trends

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

  • Operating Expenses for Q1 2026 came in at $893000.0, down 52.5% year-over-year; the trailing twelve-month figure through Mar 2026 was $106.7 million (down 29.26% YoY), and the FY2025 annual result was $102.3 million, up 1.35% from the prior year.
  • Operating Expenses declined to $893000.0 in Q1 2026 per LONA's latest filing, from $96.9 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $96.9 million in Q4 2025 and troughed at $893000.0 in Q1 2026.
  • A 5-year average of $28.8 million and a median of $28.0 million in 2024 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2024 and 2025: Operating Expenses jumped 214.87% in 2024, then tumbled 94.42% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $32.9 million in 2022, then fell by 11.88% to $29.0 million in 2023, then jumped by 214.87% to $91.4 million in 2024, then gained by 6.06% to $96.9 million in 2025, then plunged by 99.08% to $893000.0 in 2026.
  • Business Quant data shows LONA's Operating Expenses at $893000.0 in Q1 2026, $96.9 million in Q4 2025, and $1.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 4.33 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - 32.68 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 2.97 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -138.30 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -3.82 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 15.76 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 574,669.00
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.85 Bn
9 Abivax 91.96 Bn 91.96 Bn - -67.40 Mn
10 LeonaBio 154.12 Mn 86.44 Mn - 893,000.00

Historic Data

Download Data
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