Outlook Therapeutics (OTLK) Operating Expenses (2015 - 2026)

Outlook Therapeutics (OTLK) reported Operating Expenses of -$9.6 million for Q1 2026, down 128.19% year-over-year from $34.0 million in Q1 2025, and down 178.18% quarter-over-quarter from $12.2 million in Q4 2025.

Outlook Therapeutics (OTLK) Operating Expenses (2015 - 2026) Analysis & Trends

Outlook Therapeutics (OTLK) has 12 years of Operating Expenses data on file, last reported at -$9.6 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at -$9.6 million, down 128.19% year-over-year; the trailing twelve-month figure through Mar 2026 was $35.8 million (up 19.43% YoY), and the FY2025 annual result was -$3.1 million, down 184.27% from the prior year.
  • Operating Expenses fell to -$9.6 million in Q1 2026 per OTLK's latest filing, from $12.2 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $34.0 million in Q1 2025 and troughed at -$45.2 million in Q3 2024.
  • A 5-year average of $11.7 million and a median of $16.3 million in 2025 frame the typical range for Operating Expenses.
  • On a YoY basis, Operating Expenses climbed as much as 176.98% in 2024 and fell as far as 462.51% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $15.7 million in 2022, then tumbled by 34.2% to $10.3 million in 2023, then soared by 109.31% to $21.6 million in 2024, then slumped by 43.32% to $12.2 million in 2025, then plunged by 178.18% to -$9.6 million in 2026.
  • Business Quant data shows OTLK's Operating Expenses at -$9.6 million in Q1 2026, $12.2 million in Q4 2025, and $16.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alterity Therapeutics 719,706.53 Bn 719,706.50 Bn - 4.33 Mn
2 Belite Bio 55,800.00 Bn 55,800.00 Bn - 32.68 Mn
3 Quantum Biopharma 18,182.30 Bn 18,182.29 Bn - 2.97 Mn
4 Legend Biotech 3,154.00 Bn 3,153.71 Bn 242.10 Mn -138.30 Mn
5 Akari Therapeutics 1,844.30 Bn 1,844.29 Bn - 15.76 Mn
6 Evaxion A 1,567.96 Bn 1,567.94 Bn - -3.82 Mn
7 Psyence Biomedical 251.43 Bn 251.42 Bn - 574,669.00
8 Vertex Pharmaceuticals 112.56 Bn 105.31 Bn 2.59 Bn 1.85 Bn
9 Abivax 94.37 Bn 94.37 Bn - -67.40 Mn
10 Outlook Therapeutics 51.56 Mn 43.81 Mn -21,888.00 -9.57 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -9.57 Mn
Dec 31, 2025 12.25 Mn
Sep 30, 2025 16.31 Mn
Jun 30, 2025 16.81 Mn
Mar 31, 2025 33.97 Mn
Dec 31, 2024 21.61 Mn
Sep 30, 2024 -45.17 Mn
Jun 30, 2024 19.56 Mn
Mar 31, 2024 18.94 Mn
Dec 31, 2023 10.32 Mn
Sep 30, 2023 12.46 Mn
Jun 30, 2023 18.14 Mn
Mar 31, 2023 6.84 Mn
Dec 31, 2022 15.69 Mn
Sep 30, 2022 13.99 Mn
Jun 30, 2022 17.02 Mn
Mar 31, 2022 18.91 Mn
Dec 31, 2021 13.15 Mn
Sep 30, 2021 13.44 Mn
Jun 30, 2021 11.47 Mn