PDS Biotechnology (PDSB) Operating Expenses (2014 - 2026)
PDS Biotechnology (PDSB) reported Operating Expenses of $6.5 million for Q2 2026, down 14.8% from $7.62 million a year earlier.
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Analysis
PDS Biotechnology (PDSB) Operating Expenses (2014 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, PDS Biotechnology's Operating Expenses came in at $28.93 million, down 15.6% year-over-year; for FY2025, it came in at $31.54 million, down 13.2% from FY2024.
- Operating Expenses has a five-year compound annual growth rate of 16.2% (FY2020 to FY2025).
- By year, Operating Expenses came in at $36.32 million in FY2024 (-15.6%), $43.05 million in FY2023 (+3.3%), $41.67 million in FY2022 (+94.4%) and $21.44 million in FY2021 (+43.9%).
- The Q2 2026 figure ranks as the lowest quarterly Operating Expenses since Q4 2021.
- The high point for year-over-year Operating Expenses in five years was Q4 2022 (growth of 197.7%); the low point was Q4 2023 (a decline of 44.7%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,230.11 Bn | 1,198.70 Bn | 19.71 Bn | 7.95 Bn |
| 2 | Johnson & Johnson | 644.39 Bn | 564.25 Bn | 17.30 Bn | 11.12 Bn |
| 3 | AbbVie | 503.52 Bn | 476.68 Bn | 12.70 Bn | 10.56 Bn |
| 4 | Merck | 363.29 Bn | 317.72 Bn | 12.21 Bn | 12.80 Bn |
| 5 | Novartis Ag | 298.23 Bn | 262.62 Bn | 11.24 Bn | 6.09 Bn |
| 6 | Astrazeneca | 267.53 Bn | 241.29 Bn | 12.86 Bn | 9.70 Bn |
| 7 | Amgen | 241.80 Bn | 197.20 Bn | 7.24 Bn | 6.54 Bn |
| 8 | Gilead Sciences | 195.07 Bn | 169.19 Bn | 6.22 Bn | 18.20 Bn |
| 9 | Pfizer | 173.33 Bn | 120.28 Bn | 10.94 Bn | 6.68 Bn |
| 10 | PDS Biotechnology | 64.87 Mn | -25.54 Mn | - | 6.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.50 Mn |
| Dec 31, 2025 | 6.67 Mn |
| Sep 30, 2025 | 8.14 Mn |
| Jun 30, 2025 | 7.62 Mn |
| Mar 31, 2025 | 9.11 Mn |
| Dec 31, 2024 | 7.36 Mn |
| Sep 30, 2024 | 10.18 Mn |
| Jun 30, 2024 | 8.68 Mn |
| Mar 31, 2024 | 10.10 Mn |
| Dec 31, 2023 | 10.41 Mn |
| Sep 30, 2023 | 10.52 Mn |
| Jun 30, 2023 | 12.70 Mn |
| Mar 31, 2023 | 9.42 Mn |
| Dec 31, 2022 | 18.82 Mn |
| Sep 30, 2022 | 7.28 Mn |
| Jun 30, 2022 | 7.09 Mn |
| Mar 31, 2022 | 8.48 Mn |
| Dec 31, 2021 | 6.32 Mn |
| Sep 30, 2021 | 6.96 Mn |
| Jun 30, 2021 | 5.11 Mn |
API Access
PDS 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=PDSB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "PDSB", "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=PDSB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();