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
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