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| Date | Value |
|---|---|
| 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 |