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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |