Olema Pharmaceuticals OLMA
NASDAQ OLMA
$10.75 +0.02 (+0.19%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Olema Pharmaceuticals (OLMA) posted quarterly 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.

Analysis

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

Olema Pharmaceuticals (OLMA) has reported Operating Expenses for 7 consecutive years, with $58.0 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Expenses rose 66.28% year-over-year to $58.0 million; the TTM figure through Mar 2026 stood at $201.8 million (up 41.33% YoY), while the FY2025 annual figure was $178.7 million, up 25.62% from the prior year.
  • Operating Expenses climbed to $58.0 million in Q1 2026 per OLMA's latest filing, from $50.1 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $58.0 million in Q1 2026 and bottomed at $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.
  • Annual changes were most pronounced in 2022 — Operating Expenses surged 101.51% — and 2023, when it tumbled 35.12%.
  • Olema Pharmaceuticals' Operating Expenses stood at $27.2 million in 2022, then climbed by 11.75% to $30.4 million in 2023, then advanced by 20.88% to $36.8 million in 2024, then soared by 36.22% to $50.1 million in 2025, then grew 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 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 Olema Pharmaceuticals 1.13 Bn 1.13 Bn - 67.18 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 67.18 Mn
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