Growth Metrics

Northwest Biotherapeutics (NWBO) Operating Expenses (2016 - 2025)

Northwest Biotherapeutics' Operating Expenses history spans 16 years, with the latest figure at $14.2 million for Q4 2025.

  • Quarterly results put Operating Expenses at $14.2 million for Q4 2025, down 24.31% from a year ago — trailing twelve months through Dec 2025 was $61.3 million (down 9.72% YoY), and the annual figure for FY2025 was $61.3 million, down 9.72%.
  • Operating Expenses for Q4 2025 was $14.2 million at Northwest Biotherapeutics, down from $14.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $21.6 million in Q2 2022 to a low of $10.4 million in Q3 2021.
  • The 5-year median for Operating Expenses is $15.0 million (2024), against an average of $15.5 million.
  • Peak annual rise in Operating Expenses hit 135.74% in 2021, while the deepest fall reached 78.38% in 2021.
  • Year by year, Operating Expenses stood at $10.7 million in 2021, then surged by 75.86% to $18.8 million in 2022, then dropped by 16.98% to $15.6 million in 2023, then rose by 20.16% to $18.7 million in 2024, then decreased by 24.31% to $14.2 million in 2025.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $14.2 million, $14.5 million, and $14.9 million for Q4 2025, Q3 2025, and Q2 2025 respectively.