Nuvalent (NUVL) Accumulated Expenses (2020 - 2026)
Nuvalent's Accumulated Expenses was $58.92 million in Q1 2026, up 20.6% from $48.87 million a year earlier but down 3.4% from the prior quarter.
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Analysis
Nuvalent (NUVL) Accumulated Expenses (2020 - 2026) Analysis & Trends
At the end of FY2025, Accumulated Expenses at Nuvalent came in at $61.01 million, up 25.0% from FY2024.
- Accumulated Expenses has now increased for five consecutive years, with a five-year compound annual growth rate of 120.5% (FY2020 to FY2025).
- In earlier years, Accumulated Expenses was $48.8 million in FY2024 (+116.4%), $22.55 million in FY2023 (+83.5%), $12.29 million in FY2022 (+108.4%) and $5.89 million in FY2021 (+403.3%).
- Quarterly Accumulated Expenses has moved between $2.03 million (Q2 2021) and $67.14 million (Q3 2025) over five years.
- Compared with a year earlier, Accumulated Expenses has increased for 16 straight quarters, with growth averaging 90.3% over the last eight quarters.
- Over the past five years, the year-over-year growth in Accumulated Expenses ranged from 20.6% (Q1 2026) to 403.3% (Q4 2021).
- Per Business Quant data, NUVL's Accumulated Expenses in the three quarters before Q1 2026 was $61.01 million (Q4 2025), $67.14 million (Q3 2025) and $61.81 million (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Eli Lilly | 1,082.65 Bn | 1,051.23 Bn | 19.71 Bn |
| 2 | Johnson & Johnson | 623.68 Bn | 542.21 Bn | 17.26 Bn |
| 3 | AbbVie | 459.43 Bn | 432.59 Bn | 12.70 Bn |
| 4 | Merck | 354.80 Bn | 309.23 Bn | 12.21 Bn |
| 5 | Novartis Ag | 269.16 Bn | 225.03 Bn | 11.24 Bn |
| 6 | Astrazeneca | 244.40 Bn | 217.97 Bn | 12.86 Bn |
| 7 | Amgen | 220.17 Bn | 175.57 Bn | 7.24 Bn |
| 8 | Gilead Sciences | 183.05 Bn | 157.16 Bn | 6.22 Bn |
| 9 | Pfizer | 160.27 Bn | 107.22 Bn | 10.94 Bn |
| 10 | Nuvalent | 9.75 Bn | 9.75 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 58.92 Mn |
| Dec 31, 2025 | 61.01 Mn |
| Sep 30, 2025 | 67.14 Mn |
| Jun 30, 2025 | 61.81 Mn |
| Mar 31, 2025 | 48.87 Mn |
| Dec 31, 2024 | 48.80 Mn |
| Sep 30, 2024 | 35.20 Mn |
| Jun 30, 2024 | 30.79 Mn |
| Mar 31, 2024 | 20.03 Mn |
| Dec 31, 2023 | 22.55 Mn |
| Sep 30, 2023 | 19.32 Mn |
| Jun 30, 2023 | 12.68 Mn |
| Mar 31, 2023 | 10.59 Mn |
| Dec 31, 2022 | 12.29 Mn |
| Sep 30, 2022 | 8.36 Mn |
| Jun 30, 2022 | 6.01 Mn |
| Mar 31, 2022 | 3.88 Mn |
| Dec 31, 2021 | 5.89 Mn |
| Sep 30, 2021 | 4.31 Mn |
| Jun 30, 2021 | 2.03 Mn |
API Access
Nuvalent Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=NUVL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "NUVL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=NUVL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();