LeonaBio (LONA) Operating Expenses (2019 - 2026)
LeonaBio's (LONA) quarterly Operating Expenses came in at $17.2 million in Q1 2026, up 815.64% year-on-year from $1.9 million in Q1 2025, and down 82.23% on a QoQ basis 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 $17.2 million in Q1 2026.
- On a quarterly basis, Operating Expenses rose 815.64% year-over-year to $17.2 million in Q1 2026; TTM through Mar 2026 was $122.8 million, a 2.76% decrease from a year earlier, with the FY2025 full-year figure at $102.3 million, up 1.35% from the prior year.
- Operating Expenses for Q1 2026 stood at $17.2 million, down from $96.9 million in the prior quarter.
- Over the last five years, Operating Expenses for LONA reached as high as $96.9 million in Q4 2025 and fell as low as $1.8 million in Q2 2025.
- Historically, Operating Expenses has averaged $28.3 million across 5 years, with a median of $24.1 million in 2022.
- Across the five-year window, Operating Expenses sank 90.19% in 2024 and surged 815.64% in 2026, its largest moves.
- Year by year, Operating Expenses stood at $32.9 million in 2022, then slipped by 11.88% to $29.0 million in 2023, then jumped by 214.87% to $91.4 million in 2024, then grew by 6.06% to $96.9 million in 2025, then slumped by 82.23% to $17.2 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $17.2 million in Q1 2026, $96.9 million in Q4 2025, and $6.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 66,621.14 Bn | 66,620.85 Bn | - | -28.01 Mn |
| 2 | Nanobiotix | 1,915.18 Bn | 1,915.11 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | 15.76 Mn |
| 4 | BeOne Medicines | 471.27 Bn | 466.48 Bn | 1.35 Bn | 1.10 Bn |
| 5 | Vertex Pharmaceuticals | 121.81 Bn | 114.57 Bn | 2.59 Bn | 1.85 Bn |
| 6 | Regeneron Pharmaceuticals | 69.58 Bn | 60.82 Bn | 3.31 Bn | 2.96 Bn |
| 7 | Belite Bio | 62.72 Bn | 62.72 Bn | - | 32.68 Mn |
| 8 | Argenx Se | 55.51 Bn | 50.33 Bn | 1.41 Bn | 2.89 Bn |
| 9 | Revolution Medicines | 37.35 Bn | 37.35 Bn | - | 445.22 Mn |
| 10 | LeonaBio | 138.33 Mn | 70.65 Mn | - | 17.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.21 Mn |
| Dec 31, 2025 | 96.89 Mn |
| Sep 30, 2025 | 6.87 Mn |
| Jun 30, 2025 | 1.84 Mn |
| Mar 31, 2025 | 1.88 Mn |
| Dec 31, 2024 | 91.36 Mn |
| Sep 30, 2024 | 29.62 Mn |
| Jun 30, 2024 | 3.45 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 |