Puma Biotechnology (PBYI) Operating Expenses (2010 - 2026)
Puma Biotechnology's Operating Expenses was $48.92 million in Q2 2026, up 6.8% from $45.8 million a year earlier and up 0.6% from the prior quarter.
Puma Biotechnology (PBYI) Operating Expenses (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Puma Biotechnology's Operating Expenses was $200.81 million through Jun 30, 2026, up 4.6% year-over-year; for FY2025, it came in at $191.07 million, down 4.2% from FY2024.
- Operating Expenses has now declined for seven consecutive years, with a five-year compound annual growth rate of -5.6% (FY2020 to FY2025).
- In earlier years, Operating Expenses was $199.5 million in FY2024 (-1.7%), $203 million in FY2023 (-0.6%), $204.31 million in FY2022 (-18.9%) and $251.87 million in FY2021 (-1.4%).
- Quarterly Operating Expenses has moved between $42.02 million (Q1 2025) and $58.46 million (Q3 2024) over five years.
- Compared with a year earlier, Operating Expenses has increased for three straight quarters, with growth averaging 1.7% over the last eight quarters.
- The best year-over-year quarter for Operating Expenses over five years was Q4 2025 (growth of 27.6%); the worst was Q1 2022 (a decline of 40.4%).
- Per Business Quant data, PBYI's Operating Expenses in the three quarters before Q2 2026 was $48.64 million (Q1 2026), $58.35 million (Q4 2025) and $44.9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,136.97 Bn | 1,105.55 Bn | 19.71 Bn | 7.95 Bn |
| 2 | Johnson & Johnson | 619.72 Bn | 538.25 Bn | 17.26 Bn | 10.12 Bn |
| 3 | AbbVie | 503.40 Bn | 476.52 Bn | 12.70 Bn | 10.56 Bn |
| 4 | Merck | 370.15 Bn | 324.53 Bn | 12.21 Bn | 12.80 Bn |
| 5 | Novartis Ag | 298.64 Bn | 262.63 Bn | 11.24 Bn | 6.09 Bn |
| 6 | Astrazeneca | 261.07 Bn | 234.76 Bn | 12.86 Bn | 9.70 Bn |
| 7 | Amgen | 237.00 Bn | 192.40 Bn | 7.24 Bn | 6.54 Bn |
| 8 | Gilead Sciences | 191.24 Bn | 165.43 Bn | 6.22 Bn | 18.20 Bn |
| 9 | Pfizer | 170.31 Bn | 116.96 Bn | 10.94 Bn | 6.68 Bn |
| 10 | Puma Biotechnology | 556.52 Mn | 169.15 Mn | 44.03 Mn | 48.92 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 48.92 Mn |
| Mar 31, 2026 | 48.64 Mn |
| Dec 31, 2025 | 58.35 Mn |
| Sep 30, 2025 | 44.90 Mn |
| Jun 30, 2025 | 45.80 Mn |
| Mar 31, 2025 | 42.02 Mn |
| Dec 31, 2024 | 45.71 Mn |
| Sep 30, 2024 | 58.46 Mn |
| Jun 30, 2024 | 49.26 Mn |
| Mar 31, 2024 | 46.07 Mn |
| Dec 31, 2023 | 57.38 Mn |
| Sep 30, 2023 | 47.53 Mn |
| Jun 30, 2023 | 49.68 Mn |
| Mar 31, 2023 | 48.41 Mn |
| Dec 31, 2022 | 55.66 Mn |
| Sep 30, 2022 | 54.71 Mn |
| Jun 30, 2022 | 47.46 Mn |
| Mar 31, 2022 | 46.48 Mn |
| Dec 31, 2021 | 48.53 Mn |
| Sep 30, 2021 | 55.20 Mn |
Puma Biotechnology Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=PBYI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "PBYI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=PBYI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();