Olema Pharmaceuticals (OLMA) Operating Expenses (2020 - 2026)

Olema Pharmaceuticals' (OLMA) quarterly Operating Expenses came in at $58.0 million in Q1 2026, up 66.28% year-on-year from $34.9 million in Q1 2025, and up 15.78% on a QoQ basis from $50.1 million in Q4 2025.

Olema Pharmaceuticals (OLMA) Operating Expenses (2020 - 2026) Analysis & Trends

Olema Pharmaceuticals (OLMA) has 7 years of Operating Expenses data on file, last reported at $58.0 million in Q1 2026.

  • On a quarterly basis, Operating Expenses rose 66.28% year-over-year to $58.0 million in Q1 2026; TTM through Mar 2026 was $201.8 million, a 41.33% increase from a year earlier, with the FY2025 full-year figure at $178.7 million, up 25.62% from the prior year.
  • Operating Expenses for Q1 2026 stood at $58.0 million, up from $50.1 million in the prior quarter.
  • Over the last five years, Operating Expenses for OLMA reached as high as $58.0 million in Q1 2026 and fell as low as $21.6 million in Q2 2023.
  • Historically, Operating Expenses has averaged $34.8 million across 5 years, with a median of $33.5 million in 2024.
  • Across the five-year window, Operating Expenses soared 101.51% in 2022 and sank 35.12% in 2023, its largest moves.
  • Year by year, Operating Expenses stood at $27.2 million in 2022, then increased by 11.75% to $30.4 million in 2023, then grew by 20.88% to $36.8 million in 2024, then surged by 36.22% to $50.1 million in 2025, then rose by 15.78% to $58.0 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $58.0 million in Q1 2026, $50.1 million in Q4 2025, and $45.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -28.01 Mn
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - 15.76 Mn
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 1.10 Bn
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 1.85 Bn
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 2.96 Bn
7 Belite Bio 61.40 Bn 61.40 Bn - 32.68 Mn
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn -919.00 Mn
9 Revolution Medicines 37.37 Bn 37.37 Bn - 445.22 Mn
10 Olema Pharmaceuticals 1.20 Bn 1.20 Bn - 57.99 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 57.99 Mn
Dec 31, 2025 50.08 Mn
Sep 30, 2025 45.88 Mn
Jun 30, 2025 47.86 Mn
Mar 31, 2025 34.87 Mn
Dec 31, 2024 36.77 Mn
Sep 30, 2024 37.62 Mn
Jun 30, 2024 33.53 Mn
Mar 31, 2024 34.34 Mn
Dec 31, 2023 30.42 Mn
Sep 30, 2023 23.34 Mn
Jun 30, 2023 21.60 Mn
Mar 31, 2023 29.60 Mn
Dec 31, 2022 27.22 Mn
Sep 30, 2022 23.22 Mn
Jun 30, 2022 33.29 Mn
Mar 31, 2022 23.25 Mn
Dec 31, 2021 21.76 Mn
Sep 30, 2021 17.76 Mn
Jun 30, 2021 16.52 Mn