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

Olema Pharmaceuticals (OLMA) reported Operating Expenses of $58.0 million for Q1 2026, up 66.28% year-over-year from $34.9 million in Q1 2025, and up 15.78% quarter-over-quarter 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.

  • Operating Expenses for Q1 2026 came in at $58.0 million, up 66.28% year-over-year; the trailing twelve-month figure through Mar 2026 was $201.8 million (up 41.33% YoY), and the FY2025 annual result was $178.7 million, up 25.62% from the prior year.
  • Operating Expenses rose to $58.0 million in Q1 2026 per OLMA's latest filing, from $50.1 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $58.0 million in Q1 2026 and troughed at $21.6 million in Q2 2023.
  • A 5-year average of $34.8 million and a median of $33.5 million in 2024 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 101.51% in 2022, then tumbled 35.12% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $27.2 million in 2022, then advanced by 11.75% to $30.4 million in 2023, then gained by 20.88% to $36.8 million in 2024, then surged by 36.22% to $50.1 million in 2025, then climbed by 15.78% to $58.0 million in 2026.
  • Business Quant data shows OLMA's Operating Expenses at $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 Alterity Therapeutics 788,338.31 Bn 788,338.28 Bn - 4.33 Mn
2 Belite Bio 56,560.00 Bn 56,560.00 Bn - 32.68 Mn
3 Quantum Biopharma 17,329.30 Bn 17,329.30 Bn - 2.97 Mn
4 Legend Biotech 3,341.00 Bn 3,340.71 Bn 242.10 Mn -138.30 Mn
5 Akari Therapeutics 1,727.91 Bn 1,727.91 Bn - 15.76 Mn
6 Evaxion A 1,536.68 Bn 1,536.67 Bn - -3.82 Mn
7 Psyence Biomedical 238.34 Bn 238.33 Bn - 574,669.00
8 Vertex Pharmaceuticals 113.42 Bn 106.17 Bn 2.59 Bn 1.85 Bn
9 Abivax 95.45 Bn 95.45 Bn - -67.40 Mn
10 Olema Pharmaceuticals 1.08 Bn 1.08 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