Mirum Pharmaceuticals (MIRM) Operating Expenses (2019 - 2026)

Mirum Pharmaceuticals (MIRM) recorded quarterly Operating Expenses of $949.3 million in Q1 2026, up 518.47% quarter-over-quarter from $153.5 million in Q4 2025, and up 648.89% on a YoY basis from $126.8 million in Q1 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.

  • In Q1 2026, Operating Expenses rose 648.89% year-over-year to $949.3 million; the TTM figure through Mar 2026 stood at $1.4 billion (up 199.85% YoY), while the FY2025 annual figure was $543.4 million, up 28.02% from the prior year.
  • Operating Expenses was $949.3 million for Q1 2026 at Mirum Pharmaceuticals, up from $153.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $949.3 million in Q1 2026 to a low of $45.6 million in Q1 2022.
  • Historically, Operating Expenses has averaged $142.4 million across 5 years, with a median of $102.1 million in 2024.
  • The sharpest annual moves came in 2022 and 2026: Operating Expenses decreased 4.17% in 2022, then soared 648.89% in 2026.
  • A 5-year view of Operating Expenses shows it 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.
  • The last three Operating Expenses figures came in at $949.3 million (Q1 2026), $153.5 million (Q4 2025), and $130.4 million (Q3 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 Mirum Pharmaceuticals 6.29 Bn 5.90 Bn 131.08 Mn 949.35 Mn

Historic Data

Download Data
DateValue
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