Ovid Therapeutics (OVID) Operating Expenses (2016 - 2026)
Ovid Therapeutics (OVID) posted Operating Expenses of $17.8 million for Q1 2026, up 37.16% on a QoQ basis from $13.0 million in Q4 2025, and up 40.74% year-over-year from $12.7 million in Q1 2025.
Ovid Therapeutics (OVID) Operating Expenses (2016 - 2026) Analysis & Trends
Ovid Therapeutics' Operating Expenses history runs 11 years deep, the most recent figure standing at $17.8 million for Q1 2026.
- Quarterly Operating Expenses rose 40.74% year-over-year to $17.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $54.9 million (down 4.7% YoY) and the FY2025 annual result came in at $49.7 million, down 20.43% from the prior year.
- Operating Expenses was $17.8 million for Q1 2026 at Ovid Therapeutics, up from $13.0 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.
- A 5-year average of $14.5 million and a median of $13.4 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses tumbled 53.63% — and 2023, when it surged 50.01%.
- Ovid Therapeutics' 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 surged by 37.16% to $17.8 million in 2026.
- Business Quant data shows OVID's Operating Expenses at $17.8 million in Q1 2026, $13.0 million in Q4 2025, and $12.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 66,621.14 Bn | 66,620.85 Bn | - | -28.01 Mn |
| 2 | Nanobiotix | 1,915.18 Bn | 1,915.11 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | 15.76 Mn |
| 4 | BeOne Medicines | 471.27 Bn | 466.48 Bn | 1.35 Bn | 1.10 Bn |
| 5 | Vertex Pharmaceuticals | 121.81 Bn | 114.57 Bn | 2.59 Bn | 1.85 Bn |
| 6 | Regeneron Pharmaceuticals | 69.58 Bn | 60.82 Bn | 3.31 Bn | 2.96 Bn |
| 7 | Belite Bio | 62.72 Bn | 62.72 Bn | - | 32.68 Mn |
| 8 | Argenx Se | 55.51 Bn | 50.33 Bn | 1.41 Bn | 2.89 Bn |
| 9 | Revolution Medicines | 37.35 Bn | 37.35 Bn | - | 445.22 Mn |
| 10 | Ovid Therapeutics | 118.66 Mn | -36.86 Mn | - | 17.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 14.31 Mn |