Processa Pharmaceuticals (PCSA) Operating Expenses (2012 - 2026)
Processa Pharmaceuticals' (PCSA) quarterly Operating Expenses came in at $2.9 million in Q2 2026, down 36.19% on a YoY basis from $4.6 million in Q2 2025, and down 27.09% quarter-over-quarter from $4.0 million in Q1 2026.
Analysis
Processa Pharmaceuticals (PCSA) Operating Expenses (2012 - 2026) Analysis & Trends
Processa Pharmaceuticals (PCSA) has reported Operating Expenses for 15 consecutive years, with $2.9 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses fell 36.19% year-over-year to $2.9 million; the trailing twelve-month figure through Jun 2026 stood at $14.1 million (down 0.98% YoY), and the FY2025 full-year result was $16.8 million, up 19.54% from the prior year.
- Operating Expenses fell to $2.9 million in Q2 2026 per PCSA's latest filing, from $4.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $6.1 million in Q3 2022 and bottomed at $2.2 million in Q3 2023.
- Historically, Operating Expenses has averaged $3.7 million across 5 years, with a median of $3.5 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 97.91% in 2022, then plunged 64.21% in 2023.
- Over 5 years, Operating Expenses stood at $5.8 million in 2022, then plunged by 57.42% to $2.5 million in 2023, then grew by 10.74% to $2.7 million in 2024, then surged by 35.37% to $3.7 million in 2025, then declined by 21.07% to $2.9 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $2.9 million, $4.0 million, and $3.7 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 | Incyte | 25.47 Bn | 20.94 Bn | 1.57 Bn | 976.14 Mn |
| 9 | United Therapeutics | 20.81 Bn | 18.15 Bn | 683.80 Mn | 452.50 Mn |
| 10 | Processa Pharmaceuticals | 5.75 Mn | 5.75 Mn | - | 2.92 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.92 Mn |
| Mar 31, 2026 | 4.01 Mn |
| Dec 31, 2025 | 3.70 Mn |
| Sep 30, 2025 | 3.49 Mn |
| Jun 30, 2025 | 4.58 Mn |
| Mar 31, 2025 | 3.52 Mn |
| Dec 31, 2024 | 2.73 Mn |
| Sep 30, 2024 | 3.42 Mn |
| Jun 30, 2024 | 3.08 Mn |
| Mar 31, 2024 | 2.81 Mn |
| Dec 31, 2023 | 2.47 Mn |
| Sep 30, 2023 | 2.17 Mn |
| Jun 30, 2023 | 2.71 Mn |
| Mar 31, 2023 | 4.11 Mn |
| Dec 31, 2022 | 5.80 Mn |
| Sep 30, 2022 | 6.06 Mn |
| Jun 30, 2022 | 5.17 Mn |
| Mar 31, 2022 | 3.23 Mn |
| Dec 31, 2021 | 3.37 Mn |
| Sep 30, 2021 | 3.06 Mn |