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 | 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 | Outlook Therapeutics | 51.13 Mn | 43.39 Mn | -21,888.00 | -9.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |