Ovid Therapeutics OVID
NASDAQ OVID
$2.80 +0.02 (+0.72%)
At close: Sep 4, 2026 · 4:00 PM EDT

Ovid Therapeutics (OVID) Operating Expenses (2016 - 2026)

Ovid Therapeutics' (OVID) quarterly Operating Expenses came in at $16.4 million in Q2 2026, up 44.83% on a YoY basis from $11.3 million in Q2 2025, and down 7.93% quarter-over-quarter from $17.8 million in Q1 2026.

Analysis

Ovid Therapeutics (OVID) Operating Expenses (2016 - 2026) Analysis & Trends

Ovid Therapeutics (OVID) has reported Operating Expenses for 11 consecutive years, with $16.4 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 44.83% year-over-year to $16.4 million; the trailing twelve-month figure through Jun 2026 stood at $59.9 million (up 24.31% YoY), and the FY2025 full-year result was $49.7 million, down 20.43% from the prior year.
  • Operating Expenses declined to $16.4 million in Q2 2026 per OVID's latest filing, from $17.8 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $20.7 million in Q2 2024 and bottomed at $10.8 million in Q4 2024.
  • Historically, Operating Expenses has averaged $14.6 million across 5 years, with a median of $13.8 million in 2023.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses sank 53.63% in 2022, then soared 50.01% in 2023.
  • Over 5 years, Operating Expenses stood at $12.2 million in 2022, then jumped by 50.01% to $18.3 million in 2023, then tumbled by 41.09% to $10.8 million in 2024, then advanced by 20.49% to $13.0 million in 2025, then grew by 26.29% to $16.4 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $16.4 million, $17.8 million, and $13.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Johnson & Johnson 663.08 Bn 642.33 Bn 17.26 Bn 10.12 Bn
2 AbbVie 453.04 Bn 446.51 Bn 12.70 Bn 10.56 Bn
3 Merck 370.87 Bn 363.78 Bn 12.21 Bn 12.80 Bn
4 Novartis Ag 305.29 Bn 298.00 Bn 11.24 Bn -6.09 Bn
5 Pfizer 162.10 Bn 150.70 Bn 10.94 Bn 6.68 Bn
6 Sanofi 53.95 Bn 46.98 Bn 10.79 Bn -5.98 Bn
7 Revolution Medicines 45.00 Bn 45.00 Bn - 505.13 Mn
8 BeOne Medicines 40.49 Bn 35.39 Bn 1.53 Bn 1.21 Bn
9 Incyte 25.47 Bn 20.94 Bn 1.57 Bn 976.14 Mn
10 Ovid Therapeutics 517.32 Mn 400.10 Mn - 16.43 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 16.43 Mn
Mar 31, 2026 17.85 Mn
Dec 31, 2025 13.01 Mn
Sep 30, 2025 12.66 Mn
Jun 30, 2025 11.35 Mn
Mar 31, 2025 12.68 Mn
Dec 31, 2024 10.80 Mn
Sep 30, 2024 13.40 Mn
Jun 30, 2024 20.69 Mn
Mar 31, 2024 17.57 Mn
Dec 31, 2023 18.33 Mn
Sep 30, 2023 12.14 Mn
Jun 30, 2023 14.25 Mn
Mar 31, 2023 14.96 Mn
Dec 31, 2022 12.22 Mn
Sep 30, 2022 12.81 Mn
Jun 30, 2022 14.30 Mn
Mar 31, 2022 17.71 Mn
Dec 31, 2021 26.35 Mn
Sep 30, 2021 11.68 Mn