Moleculin Biotech (MBRX) Operating Expenses (2016 - 2026)
Moleculin Biotech (MBRX) posted quarterly Operating Expenses of $7.5 million for Q4 2025, up 13.4% year-over-year from $6.6 million in Q4 2024, and up 27.55% quarter-over-quarter from $5.9 million in Q3 2025.
Moleculin Biotech (MBRX) Operating Expenses (2016 - 2026) Analysis & Trends
Moleculin Biotech's Operating Expenses history runs 10 years deep, the most recent figure standing at $7.5 million for Q4 2025.
- In Q4 2025, Operating Expenses rose 13.4% year-over-year to $7.5 million; the TTM figure through Dec 2025 stood at $25.1 million (down 5.77% YoY), while the FY2025 annual figure was $25.1 million, down 5.77% from the prior year.
- Operating Expenses for Q4 2025 stood at $7.5 million, up from $5.9 million in the prior quarter.
- The five-year high for Operating Expenses was $9.1 million in Q3 2022, with the low at $5.2 million in Q4 2021.
- The 5-year median for Operating Expenses is $6.5 million (2023), against an average of $6.7 million.
- The sharpest annual moves came in 2021 and 2023: Operating Expenses surged 48.93% in 2021, then plunged 34.53% in 2023.
- Moleculin Biotech's Operating Expenses stood at $5.2 million in 2021, then surged by 35.41% to $7.0 million in 2022, then grew by 26.55% to $8.9 million in 2023, then slipped by 25.52% to $6.6 million in 2024, then rose by 13.4% to $7.5 million in 2025.
- Business Quant data shows MBRX's Operating Expenses at $7.5 million in Q4 2025, $5.9 million in Q3 2025, and $5.7 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 137.11 Bn | 129.26 Bn | 2.84 Bn | 2.09 Bn |
| 2 | Regeneron Pharmaceuticals | 84.98 Bn | 76.99 Bn | 3.93 Bn | 3.00 Bn |
| 3 | Argenx Se | 64.52 Bn | 59.33 Bn | 1.37 Bn | 2.89 Bn |
| 4 | Moderna | 53.23 Bn | 48.09 Bn | 52.00 Mn | 960.00 Mn |
| 5 | BeOne Medicines | 41.23 Bn | 36.14 Bn | 1.53 Bn | 1.21 Bn |
| 6 | Alnylam Pharmaceuticals | 30.65 Bn | 27.34 Bn | 992.69 Mn | 1.06 Bn |
| 7 | Insmed | 27.15 Bn | 25.99 Bn | 358.27 Mn | 427.03 Mn |
| 8 | Royalty Pharma | 26.98 Bn | 26.14 Bn | - | 541.02 Mn |
| 9 | BioNTech SE | 26.78 Bn | 8.39 Bn | 668.28 Mn | -784.57 Mn |
| 10 | Moleculin Biotech | 3.35 Mn | 3.35 Mn | - | 7.56 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.56 Mn |
| Dec 31, 2025 | 7.53 Mn |
| Sep 30, 2025 | 5.91 Mn |
| Jun 30, 2025 | 5.72 Mn |
| Mar 31, 2025 | 5.94 Mn |
| Dec 31, 2024 | 6.64 Mn |
| Sep 30, 2024 | 7.14 Mn |
| Jun 30, 2024 | 6.19 Mn |
| Mar 31, 2024 | 6.68 Mn |
| Dec 31, 2023 | 8.92 Mn |
| Sep 30, 2023 | 5.95 Mn |
| Jun 30, 2023 | 6.41 Mn |
| Mar 31, 2023 | 8.35 Mn |
| Dec 31, 2022 | 7.05 Mn |
| Sep 30, 2022 | 9.08 Mn |
| Jun 30, 2022 | 7.43 Mn |
| Mar 31, 2022 | 7.07 Mn |
| Dec 31, 2021 | 5.21 Mn |
| Sep 30, 2021 | 6.16 Mn |
| Jun 30, 2021 | 5.52 Mn |