Passage BIO PASG
NASDAQ PASG
$4.94 +0.09 (+1.86%)
At close: Sep 9, 2026 · 4:00 PM EDT

Passage BIO (PASG) Operating Expenses (2019 - 2026)

Passage BIO (PASG) posted Operating Expenses of $10.2 million for Q2 2026, up 15.05% on a QoQ basis from $8.9 million in Q1 2026, and down 1.14% year-over-year from $10.3 million in Q2 2025.

Analysis

Passage BIO (PASG) Operating Expenses (2019 - 2026) Analysis & Trends

Passage BIO has reported Operating Expenses for 8 years, with the latest figure at $10.2 million in Q2 2026.

  • On a quarterly basis, Operating Expenses fell 1.14% year-over-year to $10.2 million in Q2 2026; TTM through Jun 2026 was $38.1 million, a 29.89% decrease from a year earlier, with the FY2025 full-year figure at $43.2 million, down 33.78% from the prior year.
  • Operating Expenses was $10.2 million for Q2 2026 at Passage BIO, up from $8.9 million in the prior quarter.
  • The five-year high for Operating Expenses was $41.3 million in Q1 2022, with the low at $8.7 million in Q3 2025.
  • Average Operating Expenses over 5 years is $20.3 million, with a median of $17.5 million recorded in 2024.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses advanced 10.36% in 2022, then sank 49.7% in 2024.
  • Over 5 years, Operating Expenses stood at $28.2 million in 2022, then tumbled by 34.69% to $18.4 million in 2023, then declined by 22.64% to $14.3 million in 2024, then decreased by 27.54% to $10.3 million in 2025, then decreased by 1.2% to $10.2 million in 2026.
  • The last three Operating Expenses figures came in at $10.2 million (Q2 2026), $8.9 million (Q1 2026), and $10.3 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Krystal Biotech 10.27 Bn 9.43 Bn 112.79 Mn 60.81 Mn
2 CRISPR Therapeutics AG 5.17 Bn 5.17 Bn - 127.45 Mn
3 Iovance Biotherapeutics 3.79 Bn 3.49 Bn 55.72 Mn 151.22 Mn
4 Legend Biotech 3.68 Bn 2.71 Bn 251.50 Mn -129.00 Mn
5 uniQure 3.05 Bn 3.05 Bn 5.49 Mn 51.68 Mn
6 Beam Therapeutics 2.65 Bn 2.65 Bn - 127.04 Mn
7 Precigen 2.44 Bn 2.44 Bn 52.17 Mn 32.34 Mn
8 Sarepta Therapeutics 2.33 Bn 1.53 Bn 251.87 Mn 387.96 Mn
9 Vericel 1.99 Bn 1.83 Bn 56.40 Mn 55.97 Mn
10 Passage BIO 16.38 Mn 16.38 Mn - 10.22 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 10.22 Mn
Mar 31, 2026 8.88 Mn
Dec 31, 2025 10.34 Mn
Sep 30, 2025 8.66 Mn
Jun 30, 2025 10.33 Mn
Mar 31, 2025 13.82 Mn
Dec 31, 2024 14.27 Mn
Sep 30, 2024 15.91 Mn
Jun 30, 2024 16.94 Mn
Mar 31, 2024 18.05 Mn
Dec 31, 2023 18.45 Mn
Sep 30, 2023 23.28 Mn
Jun 30, 2023 25.39 Mn
Mar 31, 2023 35.88 Mn
Dec 31, 2022 28.24 Mn
Sep 30, 2022 26.03 Mn
Jun 30, 2022 39.81 Mn
Mar 31, 2022 41.31 Mn
Dec 31, 2021 50.16 Mn
Sep 30, 2021 41.60 Mn