Neumora Therapeutics (NMRA) Operating Expenses (2022 - 2026)
Neumora Therapeutics' quarterly Operating Expenses came in at $52.9 million in Q1 2026, down 25.48% year-on-year from $70.9 million in Q1 2025, and down 9.6% quarter-over-quarter from $58.5 million in Q4 2025.
Neumora Therapeutics has reported Operating Expenses for 5 years, with the latest figure at $52.9 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 25.48% year-over-year to $52.9 million; the trailing twelve-month figure through Mar 2026 stood at $223.1 million (down 18.68% YoY), and the FY2025 full-year result was $241.2 million, down 8.47% from the prior year.
- Operating Expenses for Q1 2026 stood at $52.9 million, down from $58.5 million in the prior quarter.
- The five-year high for Operating Expenses was $114.0 million in Q4 2023, with the low at $30.6 million in Q3 2022.
- Average Operating Expenses over 5 years is $58.1 million, with a median of $57.7 million recorded in 2025.
- Year-over-year, Operating Expenses soared 271.13% in 2023 and sank 44.81% in 2024.
- Tracing NMRA's Operating Expenses over 5 years: stood at $30.7 million in 2022, then soared by 271.13% to $114.0 million in 2023, then slumped by 44.81% to $62.9 million in 2024, then dropped by 7.06% to $58.5 million in 2025, then fell by 9.6% to $52.9 million in 2026.
- The last three Operating Expenses figures came in at $52.9 million (Q1 2026), $58.5 million (Q4 2025), and $57.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Quantum Biopharma | 961,148.99 Bn | 961,148.98 Bn | - | 2.97 Mn |
| 2 | Alterity Therapeutics | 744,933.29 Bn | 744,933.26 Bn | - | 4.33 Mn |
| 3 | Legend Biotech | 2,540.00 Bn | 2,539.71 Bn | 242.10 Mn | -138.30 Mn |
| 4 | Nanobiotix | 2,199.85 Bn | 2,199.78 Bn | - | - |
| 5 | Akari Therapeutics | 1,635.88 Bn | 1,635.88 Bn | - | 15.76 Mn |
| 6 | Vertex Pharmaceuticals | 111.32 Bn | 104.07 Bn | 2.59 Bn | 1.85 Bn |
| 7 | Evaxion A | 62.56 Bn | 62.54 Bn | - | -3.82 Mn |
| 8 | Regeneron Pharmaceuticals | 62.55 Bn | 53.79 Bn | 3.31 Bn | 2.96 Bn |
| 9 | Alnylam Pharmaceuticals | 39.57 Bn | 36.56 Bn | 959.66 Mn | 898.54 Mn |
| 10 | Neumora Therapeutics | 328.27 Mn | 328.27 Mn | - | 52.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 52.86 Mn |
| Dec 31, 2025 | 58.48 Mn |
| Sep 30, 2025 | 57.70 Mn |
| Jun 30, 2025 | 54.04 Mn |
| Mar 31, 2025 | 70.94 Mn |
| Dec 31, 2024 | 62.92 Mn |
| Sep 30, 2024 | 76.65 Mn |
| Jun 30, 2024 | 63.82 Mn |
| Mar 31, 2024 | 60.07 Mn |
| Dec 31, 2023 | 114.00 Mn |
| Sep 30, 2023 | 56.86 Mn |
| Jun 30, 2023 | 42.06 Mn |
| Mar 31, 2023 | 39.17 Mn |
| Dec 31, 2022 | 30.72 Mn |
| Sep 30, 2022 | 30.60 Mn |