Protalix BioTherapeutics (PLX) Operating Expenses (2010 - 2026)

Protalix BioTherapeutics' (PLX) quarterly Operating Expenses came in at $1.3 million in Q1 2026, down 79.15% year-on-year from $6.0 million in Q1 2025, and down 52.28% quarter-over-quarter from $2.6 million in Q4 2025.

Protalix BioTherapeutics (PLX) Operating Expenses (2010 - 2026) Analysis & Trends

Protalix BioTherapeutics' Operating Expenses history runs 17 years deep, the most recent figure standing at $1.3 million for Q1 2026.

  • On a quarterly basis, Operating Expenses fell 79.15% year-over-year to $1.3 million in Q1 2026; TTM through Mar 2026 was $16.4 million, a 28.44% decrease from a year earlier, with the FY2025 full-year figure at $21.0 million, up 18.38% from the prior year.
  • Operating Expenses declined to $1.3 million in Q1 2026 per PLX's latest filing, from $2.6 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $11.9 million in Q1 2022 and bottomed at $1.3 million in Q1 2026.
  • The 5-year median for Operating Expenses is $7.4 million (2024), against an average of $7.0 million.
  • Across the five-year window, Operating Expenses jumped 38.57% in 2025 and tumbled 79.15% in 2026, its largest moves.
  • Year by year, Operating Expenses stood at $8.7 million in 2022, then fell by 16.87% to $7.2 million in 2023, then slumped by 73.8% to $1.9 million in 2024, then surged by 38.57% to $2.6 million in 2025, then plunged by 52.28% to $1.3 million in 2026.
  • Per Business Quant, the three latest PLX Operating Expenses figures stand at $1.3 million (Q1 2026), $2.6 million (Q4 2025), and $7.8 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -28.01 Mn
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - 15.76 Mn
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 1.10 Bn
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 1.85 Bn
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 2.96 Bn
7 Belite Bio 61.40 Bn 61.40 Bn - 32.68 Mn
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn -919.00 Mn
9 Revolution Medicines 37.37 Bn 37.37 Bn - 445.22 Mn
10 Protalix BioTherapeutics 189.64 Mn 178.85 Mn 29.62 Mn 1.26 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.26 Mn
Dec 31, 2025 2.63 Mn
Sep 30, 2025 7.79 Mn
Jun 30, 2025 4.69 Mn
Mar 31, 2025 6.02 Mn
Dec 31, 2024 1.90 Mn
Sep 30, 2024 7.36 Mn
Jun 30, 2024 7.60 Mn
Mar 31, 2024 6.00 Mn
Dec 31, 2023 7.25 Mn
Sep 30, 2023 7.34 Mn
Jun 30, 2023 8.51 Mn
Mar 31, 2023 8.96 Mn
Dec 31, 2022 8.72 Mn
Sep 30, 2022 10.23 Mn
Jun 30, 2022 10.19 Mn
Mar 31, 2022 11.92 Mn
Dec 31, 2021 11.11 Mn
Sep 30, 2021 10.24 Mn
Jun 30, 2021 10.86 Mn