Oruka Therapeutics (ORKA) Operating Expenses (2010 - 2024)
Oruka Therapeutics (ORKA) reported Operating Expenses of $3.12 million for Q2 2024, up 58.2% from $1.97 million a year earlier and up 25.8% from the prior quarter.
Oruka Therapeutics (ORKA) Operating Expenses (2010 - 2024) Analysis & Trends
Over the twelve months ended Jun 30, 2024, Oruka Therapeutics' Operating Expenses came in at $9.13 million, up 16.0% year-over-year; for FY2023, it was $7.3 million, down 31.1% from FY2022.
- Operating Expenses has a five-year compound annual growth rate of -2.1% (FY2018 to FY2023).
- By year, Operating Expenses came in at $10.6 million in FY2022 (-45.2%), $19.34 million in FY2021 (+98.0%), $9.77 million in FY2020 (+68.0%) and $5.81 million in FY2019 (-28.4%).
- The Q2 2024 figure ranks as the highest quarterly Operating Expenses since Q2 2022.
- Year over year, Operating Expenses has now increased in each of the last three quarters, with an average decline of 15.9% over the last eight quarters.
- The high point for year-over-year Operating Expenses in five years was Q4 2020 (growth of 301.1%); the low point was Q4 2022 (a decline of 72.7%).
- Per Business Quant data, the three quarters before Q2 2024 came in at $2.48 million (Q1 2024), $1.59 million (Q4 2023) and $1.94 million (Q3 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 10.12 Bn |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 10.56 Bn |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | 12.80 Bn |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | -6.09 Bn |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | -9.70 Bn |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 6.54 Bn |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | 18.20 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 6.68 Bn |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 2.09 Bn |
| 10 | Oruka Therapeutics | 5.29 Bn | 3.34 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 3.12 Mn |
| Mar 31, 2024 | 2.48 Mn |
| Dec 31, 2023 | 1.59 Mn |
| Sep 30, 2023 | 1.94 Mn |
| Jun 30, 2023 | 1.97 Mn |
| Mar 31, 2023 | 1.80 Mn |
| Dec 31, 2022 | 1.55 Mn |
| Sep 30, 2022 | 2.55 Mn |
| Jun 30, 2022 | 3.22 Mn |
| Mar 31, 2022 | 3.28 Mn |
| Dec 31, 2021 | 5.68 Mn |
| Sep 30, 2021 | 4.72 Mn |
| Jun 30, 2021 | 4.84 Mn |
| Mar 31, 2021 | 4.10 Mn |
| Dec 31, 2020 | 5.13 Mn |
| Sep 30, 2020 | 1.99 Mn |
| Jun 30, 2020 | 1.31 Mn |
| Mar 31, 2020 | 1.34 Mn |
| Dec 31, 2019 | 1.28 Mn |
| Sep 30, 2019 | 1.25 Mn |
Oruka Therapeutics Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=ORKA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "ORKA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=ORKA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();