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| 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 |