Oruka Therapeutics (ORKA) Operating Expenses (2010 - 2024)
Oruka Therapeutics' (ORKA) quarterly Operating Expenses came in at $3.1 million in Q2 2024, up 58.24% year-on-year from $2.0 million in Q3 2023, and up 25.79% quarter-over-quarter from $2.5 million in Q1 2024.
Oruka Therapeutics (ORKA) Operating Expenses (2010 - 2024) Analysis & Trends
Oruka Therapeutics' Operating Expenses history runs 15 years deep, the most recent figure standing at $3.1 million for Q2 2024.
- On a quarterly basis, Operating Expenses rose 58.24% year-over-year to $3.1 million in Q2 2024; TTM through Mar 2025 was $3.1 million, a 60.89% decrease from a year earlier, with the FY2023 full-year figure at $7.3 million, down 31.14% from the prior year.
- Operating Expenses improved to $3.1 million in Q2 2024 per ORKA's latest filing, from $2.5 million in the prior quarter.
- Across five years, Operating Expenses topped out at $5.7 million in Q4 2021 and bottomed at $1.3 million in Q2 2020.
- The 5-year median for Operating Expenses is $2.5 million (2022), against an average of $2.9 million.
- Across the five-year window, Operating Expenses surged 301.1% in 2020 and sank 72.75% in 2022, its largest moves.
- Year by year, Operating Expenses stood at $5.1 million in 2020, then climbed by 10.81% to $5.7 million in 2021, then sank by 72.75% to $1.5 million in 2022, then grew by 2.71% to $1.6 million in 2023, then jumped by 96.35% to $3.1 million in 2024.
- Per Business Quant, the three latest ORKA Operating Expenses figures stand at $3.1 million (Q2 2024), $2.5 million (Q1 2024), and $1.6 million (Q4 2023).
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 | Oruka Therapeutics | 956.90 Mn | 125.75 Mn | - | - |
Historic Data
Download 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 |