Northwest Biotherapeutics NWBO
OTC NWBO
$0.17 +0.00 (+0.00%)
At close: Sep 3, 2026 · 4:00 PM EDT

Northwest Biotherapeutics (NWBO) Operating Expenses (2010 - 2026)

Northwest Biotherapeutics (NWBO) posted quarterly Operating Expenses of $11.4 million for Q1 2026, down 35.58% year-over-year from $17.7 million in Q1 2025, and down 19.62% quarter-over-quarter from $14.2 million in Q4 2025.

Analysis

Northwest Biotherapeutics (NWBO) Operating Expenses (2010 - 2026) Analysis & Trends

Northwest Biotherapeutics' Operating Expenses history runs 17 years deep, the most recent figure standing at $11.4 million for Q1 2026.

  • In Q1 2026, Operating Expenses fell 35.58% year-over-year to $11.4 million; the TTM figure through Mar 2026 stood at $55.0 million (down 20.92% YoY), while the FY2025 annual figure was $61.3 million, down 9.72% from the prior year.
  • Operating Expenses for Q1 2026 stood at $11.4 million, down from $14.2 million in the prior quarter.
  • The five-year high for Operating Expenses was $21.6 million in Q2 2022, with the low at $11.4 million in Q1 2026.
  • The 5-year median for Operating Expenses is $15.2 million (2024), against an average of $15.7 million.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 75.86% in 2022, then sank 36.14% in 2023.
  • Northwest Biotherapeutics' Operating Expenses stood at $18.8 million in 2022, then slipped by 16.98% to $15.6 million in 2023, then increased by 20.16% to $18.7 million in 2024, then dropped by 24.31% to $14.2 million in 2025, then declined by 19.62% to $11.4 million in 2026.
  • Business Quant data shows NWBO's Operating Expenses at $11.4 million in Q1 2026, $14.2 million in Q4 2025, and $14.5 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Vertex Pharmaceuticals 138.47 Bn 130.62 Bn 2.84 Bn 2.09 Bn
2 Regeneron Pharmaceuticals 85.18 Bn 77.19 Bn 3.93 Bn 3.00 Bn
3 Argenx Se 63.38 Bn 58.19 Bn 1.37 Bn -1.05 Bn
4 Moderna 58.09 Bn 52.95 Bn 52.00 Mn 960.00 Mn
5 Revolution Medicines 44.33 Bn 44.33 Bn - 505.13 Mn
6 BeOne Medicines 40.02 Bn 34.92 Bn 1.53 Bn 1.21 Bn
7 Alnylam Pharmaceuticals 35.57 Bn 32.27 Bn 992.69 Mn 1.06 Bn
8 Royalty Pharma 28.45 Bn 27.61 Bn - 541.02 Mn
9 Insmed 27.48 Bn 26.32 Bn 358.27 Mn 427.03 Mn
10 Northwest Biotherapeutics 278.23 Mn 277.63 Mn - 12.41 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 12.41 Mn
Mar 31, 2026 11.39 Mn
Dec 31, 2025 14.18 Mn
Sep 30, 2025 14.52 Mn
Jun 30, 2025 14.91 Mn
Mar 31, 2025 17.69 Mn
Dec 31, 2024 18.73 Mn
Sep 30, 2024 15.16 Mn
Jun 30, 2024 17.97 Mn
Mar 31, 2024 16.03 Mn
Dec 31, 2023 15.59 Mn
Sep 30, 2023 14.23 Mn
Jun 30, 2023 13.78 Mn
Mar 31, 2023 13.84 Mn
Dec 31, 2022 18.78 Mn
Sep 30, 2022 15.82 Mn
Jun 30, 2022 21.58 Mn
Mar 31, 2022 12.69 Mn
Dec 31, 2021 10.68 Mn
Sep 30, 2021 10.40 Mn