Seres Therapeutics (MCRB) Accumulated Expenses (2014 - 2026)
Seres Therapeutics (MCRB) recorded Accumulated Expenses of $3.74 million in Q2 2026, down 35.6% from $5.81 million a year earlier but up 30.6% from the prior quarter.
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Analysis
Seres Therapeutics (MCRB) Accumulated Expenses (2014 - 2026) Analysis & Trends
At the end of FY2025, Seres Therapeutics reported Accumulated Expenses of $3.97 million, down 62.9% from FY2024.
- Annual Accumulated Expenses has declined for three straight years, with a five-year compound annual growth rate of -22.5% (FY2020 to FY2025).
- Across earlier years, Accumulated Expenses came in at $10.72 million in FY2024 (-52.4%), $22.51 million in FY2023 (-62.4%), $59.84 million in FY2022 (+32.7%) and $45.09 million in FY2021 (+217.0%).
- Quarterly Accumulated Expenses has ranged from $2.86 million in Q1 2026 to $86.36 million in Q2 2024 over the past five years.
- On a year-over-year basis, Accumulated Expenses has declined for eight consecutive quarters, with an average decline of 65.2% over the last eight quarters.
- Peak year-over-year performance for Accumulated Expenses in the last five years was growth of 332.1% in Q3 2021, against a decline of 93.3% in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $2.86 million (Q1 2026), $3.97 million (Q4 2025) and $6.38 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Eli Lilly | 1,166.06 Bn | 1,134.65 Bn | 19.71 Bn |
| 2 | Johnson & Johnson | 647.92 Bn | 567.78 Bn | 17.30 Bn |
| 3 | AbbVie | 503.35 Bn | 476.46 Bn | 12.70 Bn |
| 4 | Merck | 366.72 Bn | 321.10 Bn | 12.21 Bn |
| 5 | Novartis Ag | 303.08 Bn | 267.07 Bn | 11.24 Bn |
| 6 | Astrazeneca | 269.05 Bn | 242.74 Bn | 12.86 Bn |
| 7 | Amgen | 242.23 Bn | 197.63 Bn | 7.24 Bn |
| 8 | Gilead Sciences | 194.93 Bn | 169.12 Bn | 6.22 Bn |
| 9 | Pfizer | 172.51 Bn | 119.15 Bn | 10.94 Bn |
| 10 | Seres Therapeutics | 20.58 Mn | -118.25 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.74 Mn |
| Mar 31, 2026 | 2.86 Mn |
| Dec 31, 2025 | 3.97 Mn |
| Sep 30, 2025 | 6.38 Mn |
| Jun 30, 2025 | 5.81 Mn |
| Mar 31, 2025 | 6.22 Mn |
| Dec 31, 2024 | 10.72 Mn |
| Sep 30, 2024 | 17.72 Mn |
| Jun 30, 2024 | 86.36 Mn |
| Mar 31, 2024 | 76.32 Mn |
| Dec 31, 2023 | 22.51 Mn |
| Sep 30, 2023 | 54.16 Mn |
| Jun 30, 2023 | 55.88 Mn |
| Mar 31, 2023 | 44.36 Mn |
| Dec 31, 2022 | 59.84 Mn |
| Sep 30, 2022 | 59.17 Mn |
| Jun 30, 2022 | 56.89 Mn |
| Mar 31, 2022 | 48.28 Mn |
| Dec 31, 2021 | 45.09 Mn |
| Sep 30, 2021 | 48.90 Mn |
API Access
Seres Therapeutics Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=MCRB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "MCRB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=MCRB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();