Mereo BioPharma MREO
NASDAQ MREO
$0.24 +0.00 (+0.87%)
At close: Sep 10, 2026 · 4:00 PM EDT

Mereo BioPharma (MREO) Operating Expenses (2023 - 2026)

Mereo BioPharma's (MREO) quarterly Operating Expenses came in at $7.0 million in Q2 2026, down 35.31% year-over-year from $10.9 million in Q2 2025, and down 19.8% quarter-over-quarter from $8.8 million in Q1 2026.

Analysis

Mereo BioPharma (MREO) Operating Expenses (2023 - 2026) Analysis & Trends

Mereo BioPharma (MREO) has reported Operating Expenses for 4 consecutive years, with $7.0 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses fell 35.31% year-over-year to $7.0 million in Q2 2026; TTM through Jun 2026 was $34.5 million, a 26.15% decrease from a year earlier, with the FY2025 full-year figure at $40.8 million, down 13.91% from the prior year.
  • Operating Expenses was $7.0 million for Q2 2026 at Mereo BioPharma, down from $8.8 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $15.3 million in Q4 2024 and troughed at $6.4 million in Q2 2023.
  • A 4-year average of $10.0 million and a median of $9.6 million in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses soared 100.81% in 2024 and sank 45.07% in 2025, its largest moves.
  • Over 4 years, Operating Expenses stood at $8.4 million in 2023, then surged by 81.82% to $15.3 million in 2024, then tumbled by 45.07% to $8.4 million in 2025, then dropped by 16.21% to $7.0 million in 2026.
  • The last three Operating Expenses figures came in at $7.0 million (Q2 2026), $8.8 million (Q1 2026), and $8.4 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Amgen 206.44 Bn 192.45 Bn 7.24 Bn 6.54 Bn
2 Gilead Sciences 179.97 Bn 176.79 Bn 6.22 Bn 18.20 Bn
3 Vertex Pharmaceuticals 130.57 Bn 122.72 Bn 2.84 Bn 2.09 Bn
4 Regeneron Pharmaceuticals 81.63 Bn 73.63 Bn 3.93 Bn 3.00 Bn
5 Argenx Se 60.34 Bn 55.16 Bn 1.37 Bn -1.05 Bn
6 Moderna 54.37 Bn 49.23 Bn 52.00 Mn 960.00 Mn
7 Alnylam Pharmaceuticals 33.07 Bn 29.76 Bn 992.69 Mn 1.06 Bn
8 Biogen 31.84 Bn 30.55 Bn 1.96 Bn 2.60 Bn
9 Roivant Sciences 29.49 Bn 29.49 Bn 1.16 Mn 367.83 Mn
10 Mereo BioPharma 38.92 Mn 38.92 Mn - 7.03 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 7.03 Mn
Mar 31, 2026 8.77 Mn
Dec 31, 2025 8.39 Mn
Sep 30, 2025 10.32 Mn
Jun 30, 2025 10.87 Mn
Mar 31, 2025 11.20 Mn
Dec 31, 2024 15.28 Mn
Sep 30, 2024 9.37 Mn
Jun 30, 2024 12.81 Mn
Mar 31, 2024 9.90 Mn
Dec 31, 2023 8.40 Mn
Sep 30, 2023 9.30 Mn
Jun 30, 2023 6.38 Mn
Mar 31, 2023 11.76 Mn