Larimar Therapeutics (LRMR) Operating Expenses (2013 - 2025)

Larimar Therapeutics (LRMR) posted Operating Expenses of $64.0 million for Q4 2025, up 29.33% on a QoQ basis from $49.5 million in Q3 2025, and up 104.58% year-over-year from $31.3 million in Q4 2024.

Larimar Therapeutics (LRMR) Operating Expenses (2013 - 2025) Analysis & Trends

Larimar Therapeutics' Operating Expenses history runs 13 years deep, the most recent figure standing at $64.0 million for Q4 2025.

  • Quarterly Operating Expenses rose 104.58% year-over-year to $64.0 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $172.5 million (up 89.79% YoY) and the FY2025 annual result came in at $172.5 million, up 89.79% from the prior year.
  • Operating Expenses was $64.0 million for Q4 2025 at Larimar Therapeutics, up from $49.5 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $64.0 million in Q4 2025 and bottomed at $7.6 million in Q1 2023.
  • A 5-year average of $19.6 million and a median of $13.4 million in 2021 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses slumped 49.12% — and 2025, when it soared 171.02%.
  • Larimar Therapeutics' Operating Expenses stood at $9.1 million in 2021, then climbed by 14.89% to $10.4 million in 2022, then jumped by 35.66% to $14.2 million in 2023, then soared by 120.96% to $31.3 million in 2024, then surged by 104.58% to $64.0 million in 2025.
  • Business Quant data shows LRMR's Operating Expenses at $64.0 million in Q4 2025, $49.5 million in Q3 2025, and $27.8 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Oculis Holding AG 65,899.61 Bn 65,899.33 Bn - -28.01 Mn
2 Nanobiotix 1,933.82 Bn 1,933.76 Bn - -
3 Akari Therapeutics 1,022.34 Bn 1,022.34 Bn - 15.76 Mn
4 BeOne Medicines 472.68 Bn 467.89 Bn 1.35 Bn 1.10 Bn
5 Vertex Pharmaceuticals 122.24 Bn 114.99 Bn 2.59 Bn 1.85 Bn
6 Regeneron Pharmaceuticals 70.08 Bn 61.33 Bn 3.31 Bn 2.96 Bn
7 Belite Bio 62.46 Bn 62.46 Bn - 32.68 Mn
8 Argenx Se 55.93 Bn 50.75 Bn 1.41 Bn 2.89 Bn
9 Alnylam Pharmaceuticals 37.59 Bn 34.58 Bn 959.66 Mn 898.54 Mn
10 Larimar Therapeutics 36.67 Mn -100.18 Mn - 64.02 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 64.02 Mn
Sep 30, 2025 49.50 Mn
Jun 30, 2025 27.79 Mn
Mar 31, 2025 31.19 Mn
Dec 31, 2024 31.29 Mn
Sep 30, 2024 18.26 Mn
Jun 30, 2024 24.60 Mn
Mar 31, 2024 16.73 Mn
Dec 31, 2023 14.16 Mn
Sep 30, 2023 10.34 Mn
Jun 30, 2023 9.62 Mn
Mar 31, 2023 7.64 Mn
Dec 31, 2022 10.44 Mn
Sep 30, 2022 8.51 Mn
Jun 30, 2022 8.69 Mn
Mar 31, 2022 8.89 Mn
Dec 31, 2021 9.09 Mn
Sep 30, 2021 16.73 Mn
Jun 30, 2021 12.54 Mn
Mar 31, 2021 12.11 Mn