Madrigal Pharmaceuticals (MDGL) Other Operating Expenses (2023 - 2026)

Madrigal Pharmaceuticals (MDGL) reported Other Operating Expenses of -$350.4 million for Q1 2026, down 68.82% year-over-year from -$1.1 billion in Q1 2025, and down 1533.11% quarter-over-quarter from $24.4 million in Q4 2025.

Madrigal Pharmaceuticals (MDGL) Other Operating Expenses (2023 - 2026) Analysis & Trends

Madrigal Pharmaceuticals (MDGL) has 4 years of Other Operating Expenses data on file, last reported at -$350.4 million in Q1 2026.

  • Other Operating Expenses for Q1 2026 came in at -$350.4 million, down 68.82% year-over-year; the trailing twelve-month figure through Mar 2026 was -$549.7 million (down 808.31% YoY), and the FY2025 annual result was $56.1 million, up 800.82% from the prior year.
  • Other Operating Expenses fell to -$350.4 million in Q1 2026 per MDGL's latest filing, from $24.4 million in the prior quarter.
  • Over five years, Other Operating Expenses peaked at $497.1 million in Q4 2024 and troughed at -$350.4 million in Q1 2026.
  • A 4-year average of -$78.7 million and a median of -$174.2 million in 2024 frame the typical range for Other Operating Expenses.
  • On a YoY basis, Other Operating Expenses climbed as much as 110.4% in 2025 and fell as far as 95.08% in 2025.
  • A 4-year view of Other Operating Expenses shows it stood at -$98.5 million in 2023, then jumped by 604.49% to $497.1 million in 2024, then sank by 95.08% to $24.4 million in 2025, then slumped by 1533.11% to -$350.4 million in 2026.
  • Business Quant data shows MDGL's Other Operating Expenses at -$350.4 million in Q1 2026, $24.4 million in Q4 2025, and $18.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn -
7 Psyence Biomedical 212.16 Bn 212.16 Bn -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn
9 Abivax 91.96 Bn 91.96 Bn -
10 Madrigal Pharmaceuticals 14.67 Bn 14.44 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2026 -350.37 Mn
Dec 31, 2025 24.45 Mn
Sep 30, 2025 18.12 Mn
Jun 30, 2025 -241.87 Mn
Mar 31, 2025 -207.54 Mn
Dec 31, 2024 497.10 Mn
Sep 30, 2024 -174.18 Mn
Jun 30, 2024 -175.90 Mn
Sep 30, 2023 -98.53 Mn