Mirum Pharmaceuticals (MIRM) Operating Expenses (2019 - 2026)
Mirum Pharmaceuticals' (MIRM) quarterly Operating Expenses came in at $949.3 million in Q1 2026, up 648.89% year-on-year from $126.8 million in Q1 2025, and up 518.47% quarter-over-quarter from $153.5 million in Q4 2025.
Mirum Pharmaceuticals (MIRM) Operating Expenses (2019 - 2026) Analysis & Trends
Mirum Pharmaceuticals' Operating Expenses history runs 8 years deep, the most recent figure standing at $949.3 million for Q1 2026.
- On a quarterly basis, Operating Expenses rose 648.89% year-over-year to $949.3 million in Q1 2026; TTM through Mar 2026 was $1.4 billion, a 199.85% increase from a year earlier, with the FY2025 full-year figure at $543.4 million, up 28.02% from the prior year.
- Operating Expenses improved to $949.3 million in Q1 2026 per MIRM's latest filing, from $153.5 million in the prior quarter.
- Across five years, Operating Expenses topped out at $949.3 million in Q1 2026 and bottomed at $45.6 million in Q1 2022.
- The 5-year median for Operating Expenses is $102.1 million (2024), against an average of $142.4 million.
- Across the five-year window, Operating Expenses dropped 4.17% in 2022 and surged 648.89% in 2026, its largest moves.
- Year by year, Operating Expenses stood at $62.1 million in 2022, then jumped by 64.56% to $102.1 million in 2023, then climbed by 21.05% to $123.6 million in 2024, then gained by 24.15% to $153.5 million in 2025, then jumped by 518.47% to $949.3 million in 2026.
- Per Business Quant, the three latest MIRM Operating Expenses figures stand at $949.3 million (Q1 2026), $153.5 million (Q4 2025), and $130.4 million (Q3 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 | Mirum Pharmaceuticals | 6.73 Bn | 6.34 Bn | 131.08 Mn | 949.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 949.35 Mn |
| Dec 31, 2025 | 153.50 Mn |
| Sep 30, 2025 | 130.41 Mn |
| Jun 30, 2025 | 132.77 Mn |
| Mar 31, 2025 | 126.77 Mn |
| Dec 31, 2024 | 123.64 Mn |
| Sep 30, 2024 | 103.06 Mn |
| Jun 30, 2024 | 102.11 Mn |
| Mar 31, 2024 | 95.69 Mn |
| Dec 31, 2023 | 102.14 Mn |
| Sep 30, 2023 | 72.87 Mn |
| Jun 30, 2023 | 61.77 Mn |
| Mar 31, 2023 | 58.75 Mn |
| Dec 31, 2022 | 62.07 Mn |
| Sep 30, 2022 | 51.66 Mn |
| Jun 30, 2022 | 48.93 Mn |
| Mar 31, 2022 | 45.63 Mn |
| Dec 31, 2021 | 48.71 Mn |
| Sep 30, 2021 | 47.82 Mn |
| Jun 30, 2021 | 48.40 Mn |