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Nuvalent (NUVL) Operating Expenses (2020 - 2026)

Nuvalent filings provide 7 years of Operating Expenses readings, the most recent being $119.4 million for Q1 2026.

  • Quarterly Operating Expenses rose 25.94% to $119.4 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $526.7 million through Mar 2026, up 781.74% year-over-year, with the annual reading at $414.3 million for FY2025, 2265.98% up from the prior year.
  • Operating Expenses hit $119.4 million in Q1 2026 for Nuvalent, down from $388.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $388.0 million in Q4 2025 and bottomed at -$176.6 million in Q4 2024.
  • Average Operating Expenses over 5 years is $48.5 million, with a median of $30.2 million recorded in 2023.
  • The largest annual shift saw Operating Expenses crashed 480.21% in 2024 before it skyrocketed 2986.33% in 2025.
  • Nuvalent's Operating Expenses stood at $29.3 million in 2022, then soared by 58.49% to $46.4 million in 2023, then crashed by 480.21% to -$176.6 million in 2024, then surged by 319.77% to $388.0 million in 2025, then tumbled by 69.23% to $119.4 million in 2026.
  • Per Business Quant, the three most recent readings for NUVL's Operating Expenses are $119.4 million (Q1 2026), $388.0 million (Q4 2025), and $11.5 million (Q3 2025).