Seres Therapeutics MCRB
NASDAQ MCRB
$5.10 -0.18 (-3.41%)
At close: Sep 10, 2026 · 4:00 PM EDT

Seres Therapeutics (MCRB) Operating Expenses (2014 - 2026)

Seres Therapeutics' (MCRB) quarterly Operating Expenses came in at $22.0 million in Q2 2026, down 11.54% year-over-year from $24.9 million in Q2 2025, and up 3.5% quarter-over-quarter from $21.3 million in Q1 2026.

Analysis

Seres Therapeutics (MCRB) Operating Expenses (2014 - 2026) Analysis & Trends

Seres Therapeutics has disclosed Operating Expenses across 13 years of filings, most recently posting $22.0 million for Q2 2026.

  • In Q2 2026, Operating Expenses fell 11.54% year-over-year to $22.0 million; the TTM figure through Jun 2026 stood at $85.9 million (down 21.98% YoY), while the FY2025 annual figure was $94.8 million, down 21.89% from the prior year.
  • Operating Expenses came in at $22.0 million for Q2 2026 at Seres Therapeutics, up from $21.3 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $76.9 million in Q2 2023 to a low of -$4.4 million in Q4 2022.
  • Average Operating Expenses over 5 years is $37.1 million, with a median of $29.0 million recorded in 2024.
  • Year-over-year, Operating Expenses plunged 107.81% in 2022 and soared 937.27% in 2023.
  • Over 5 years, Operating Expenses stood at -$4.4 million in 2022, then soared by 937.27% to $37.0 million in 2023, then slipped by 22.12% to $28.8 million in 2024, then plunged by 31.28% to $19.8 million in 2025, then gained by 11.07% to $22.0 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $22.0 million in Q2 2026, $21.3 million in Q1 2026, and $19.8 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Amgen 206.44 Bn 192.45 Bn 7.24 Bn 6.54 Bn
2 Gilead Sciences 179.97 Bn 176.79 Bn 6.22 Bn 18.20 Bn
3 Vertex Pharmaceuticals 130.57 Bn 122.72 Bn 2.84 Bn 2.09 Bn
4 Regeneron Pharmaceuticals 81.63 Bn 73.63 Bn 3.93 Bn 3.00 Bn
5 Argenx Se 60.34 Bn 55.16 Bn 1.37 Bn -1.05 Bn
6 Moderna 54.37 Bn 49.23 Bn 52.00 Mn 960.00 Mn
7 Alnylam Pharmaceuticals 33.07 Bn 29.76 Bn 992.69 Mn 1.06 Bn
8 Biogen 31.84 Bn 30.55 Bn 1.96 Bn 2.60 Bn
9 Roivant Sciences 29.49 Bn 29.49 Bn 1.16 Mn 367.83 Mn
10 Seres Therapeutics 49.89 Mn 49.89 Mn - 22.01 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 22.01 Mn
Mar 31, 2026 21.27 Mn
Dec 31, 2025 19.82 Mn
Sep 30, 2025 22.83 Mn
Jun 30, 2025 24.88 Mn
Mar 31, 2025 27.24 Mn
Dec 31, 2024 28.84 Mn
Sep 30, 2024 29.17 Mn
Jun 30, 2024 28.87 Mn
Mar 31, 2024 34.44 Mn
Dec 31, 2023 37.02 Mn
Sep 30, 2023 44.59 Mn
Jun 30, 2023 76.95 Mn
Mar 31, 2023 70.05 Mn
Dec 31, 2022 -4.42 Mn
Sep 30, 2022 62.55 Mn
Jun 30, 2022 64.54 Mn
Mar 31, 2022 57.24 Mn
Dec 31, 2021 56.65 Mn
Sep 30, 2021 58.32 Mn