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

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

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

MeiraGTx Holdings' Operating Expenses history runs 9 years deep, the most recent figure standing at $48.9 million for Q4 2025.

  • Quarterly Operating Expenses fell 7.54% year-over-year to $48.9 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $187.4 million (down 5.13% YoY) and the FY2025 annual result came in at $187.4 million, down 5.13% from the prior year.
  • Operating Expenses was $48.9 million for Q4 2025 at MeiraGTx Holdings, up from $46.5 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $52.9 million in Q4 2024 and bottomed at $25.6 million in Q2 2021.
  • A 5-year average of $38.9 million and a median of $36.8 million in 2022 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2021 — Operating Expenses soared 118.16% — and 2025, when it fell 8.81%.
  • MeiraGTx Holdings' Operating Expenses stood at $28.7 million in 2021, then advanced by 24.48% to $35.8 million in 2022, then advanced by 28.03% to $45.8 million in 2023, then gained by 15.47% to $52.9 million in 2024, then decreased by 7.54% to $48.9 million in 2025.
  • Business Quant data shows MGTX's Operating Expenses at $48.9 million in Q4 2025, $46.5 million in Q3 2025, and $48.5 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -28.01 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 1.10 Bn
4 NuCana 279.75 Bn 279.75 Bn - -3.78 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.85 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 2.96 Bn
7 Belite Bio 62.51 Bn 62.51 Bn - 32.68 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 2.89 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn - 445.22 Mn
10 MeiraGTx Holdings 973.21 Mn 907.27 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