MeiraGTx Holdings (MGTX) Operating Expenses (2017 - 2025)

MeiraGTx Holdings (MGTX) reported Operating Expenses of $48.9 million for Q4 2025, down 7.54% on a YoY basis from $52.9 million in Q4 2024, and up 5.23% quarter-over-quarter from $46.5 million in Q3 2025.

MeiraGTx Holdings (MGTX) Operating Expenses (2017 - 2025) Analysis & Trends

MeiraGTx Holdings has reported Operating Expenses for 9 years, with the latest figure at $48.9 million in Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses fell 7.54% year-over-year to $48.9 million; the trailing twelve-month figure through Dec 2025 stood at $187.4 million (down 5.13% YoY), and the FY2025 full-year result was $187.4 million, down 5.13% from the prior year.
  • Operating Expenses for Q4 2025 stood at $48.9 million, up from $46.5 million in the prior quarter.
  • The five-year high for Operating Expenses was $52.9 million in Q4 2024, with the low at $25.6 million in Q2 2021.
  • Historically, Operating Expenses has averaged $38.9 million across 5 years, with a median of $36.8 million in 2022.
  • Annual changes were most pronounced in 2021 — Operating Expenses soared 118.16% — and 2025, when it slipped 8.81%.
  • MeiraGTx Holdings' Operating Expenses stood at $28.7 million in 2021, then rose by 24.48% to $35.8 million in 2022, then rose by 28.03% to $45.8 million in 2023, then increased by 15.47% to $52.9 million in 2024, then fell by 7.54% to $48.9 million in 2025.
  • The last three Operating Expenses figures came in at $48.9 million (Q4 2025), $46.5 million (Q3 2025), and $48.5 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 4.33 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - 32.68 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 2.97 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -138.30 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -3.82 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 15.76 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 574,669.00
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.85 Bn
9 Abivax 91.96 Bn 91.96 Bn - -67.40 Mn
10 MeiraGTx Holdings 910.47 Mn 844.54 Mn 74.89 Mn 48.89 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 48.89 Mn
Sep 30, 2025 46.46 Mn
Jun 30, 2025 48.48 Mn
Mar 31, 2025 43.52 Mn
Dec 31, 2024 52.88 Mn
Sep 30, 2024 50.95 Mn
Jun 30, 2024 46.19 Mn
Mar 31, 2024 47.47 Mn
Dec 31, 2023 45.79 Mn
Sep 30, 2023 37.87 Mn
Jun 30, 2023 32.33 Mn
Mar 31, 2023 35.09 Mn
Dec 31, 2022 35.77 Mn
Sep 30, 2022 27.62 Mn
Jun 30, 2022 34.52 Mn
Mar 31, 2022 34.37 Mn
Dec 31, 2021 28.73 Mn
Sep 30, 2021 29.50 Mn
Jun 30, 2021 25.60 Mn
Mar 31, 2021 26.63 Mn