NRX Pharmaceuticals (NRXP) Operating Expenses (2017 - 2026)
NRX Pharmaceuticals' (NRXP) quarterly Operating Expenses came in at $5.8 million in Q1 2026, up 51.03% year-on-year from $3.8 million in Q1 2025, and up 3.62% on a QoQ basis from $5.6 million in Q4 2025.
NRX Pharmaceuticals (NRXP) Operating Expenses (2017 - 2026) Analysis & Trends
NRX Pharmaceuticals (NRXP) has 10 years of Operating Expenses data on file, last reported at $5.8 million in Q1 2026.
- On a quarterly basis, Operating Expenses rose 51.03% year-over-year to $5.8 million in Q1 2026; TTM through Mar 2026 was $19.4 million, a 18.73% increase from a year earlier, with the FY2025 full-year figure at $17.4 million, down 5.69% from the prior year.
- Operating Expenses for Q1 2026 stood at $5.8 million, up from $5.6 million in the prior quarter.
- Over the last five years, Operating Expenses for NRXP reached as high as $15.7 million in Q1 2022 and fell as low as $2.4 million in Q4 2024.
- Historically, Operating Expenses has averaged $6.4 million across 5 years, with a median of $5.8 million in 2023.
- Across the five-year window, Operating Expenses tumbled 81.33% in 2022 and soared 130.55% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $9.9 million in 2022, then slumped by 55.44% to $4.4 million in 2023, then sank by 44.8% to $2.4 million in 2024, then surged by 130.55% to $5.6 million in 2025, then gained by 3.62% to $5.8 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $5.8 million in Q1 2026, $5.6 million in Q4 2025, and $4.3 million in 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 | NRX Pharmaceuticals | 137.57 Mn | 130.87 Mn | 437,000.00 | 5.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.81 Mn |
| Dec 31, 2025 | 5.61 Mn |
| Sep 30, 2025 | 4.27 Mn |
| Jun 30, 2025 | 3.73 Mn |
| Mar 31, 2025 | 3.85 Mn |
| Dec 31, 2024 | 2.43 Mn |
| Sep 30, 2024 | 3.02 Mn |
| Jun 30, 2024 | 7.05 Mn |
| Mar 31, 2024 | 6.00 Mn |
| Dec 31, 2023 | 4.41 Mn |
| Sep 30, 2023 | 5.81 Mn |
| Jun 30, 2023 | 8.19 Mn |
| Mar 31, 2023 | 3.85 Mn |
| Dec 31, 2022 | 9.89 Mn |
| Sep 30, 2022 | 9.14 Mn |
| Jun 30, 2022 | 9.60 Mn |
| Mar 31, 2022 | 15.71 Mn |
| Dec 31, 2021 | 52.98 Mn |
| Sep 30, 2021 | 20.10 Mn |
| Jun 30, 2021 | 17.12 Mn |