PMV Pharmaceuticals (PMVP) Operating Expenses (2019 - 2026)
PMV Pharmaceuticals (PMVP) reported Operating Expenses of $18.88 million for Q2 2026, down 17.5% from $22.88 million a year earlier and down 0.7% from the prior quarter.
Powered by 
Analysis
PMV Pharmaceuticals (PMVP) Operating Expenses (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, PMV Pharmaceuticals' Operating Expenses came in at $79.66 million, down 12.9% year-over-year; for FY2025, it came in at $86.21 million, up 0.9% from FY2024.
- Operating Expenses has increased for seven consecutive years, with a five-year compound annual growth rate of 19.8% (FY2020 to FY2025).
- By year, Operating Expenses came in at $85.45 million in FY2024 (+6.6%), $80.13 million in FY2023 (+4.0%), $77.04 million in FY2022 (+32.2%) and $58.29 million in FY2021 (+66.8%).
- The Q2 2026 figure ranks as the lowest quarterly Operating Expenses since Q1 2024.
- Year over year, Operating Expenses has now declined in each of the last three quarters, with growth averaging 3.3% over the last eight quarters.
- The high point for year-over-year Operating Expenses in five years was Q4 2021 (growth of 75.9%); the low point was Q4 2025 (a decline of 23.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $19.02 million (Q1 2026), $19.24 million (Q4 2025) and $22.52 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 10.12 Bn |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 10.56 Bn |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | 12.80 Bn |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | -6.09 Bn |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | -9.70 Bn |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 6.54 Bn |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | 18.20 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 6.68 Bn |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 2.09 Bn |
| 10 | PMV Pharmaceuticals | 72.71 Mn | -342.47 Mn | - | 18.88 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.88 Mn |
| Mar 31, 2026 | 19.02 Mn |
| Dec 31, 2025 | 19.24 Mn |
| Sep 30, 2025 | 22.52 Mn |
| Jun 30, 2025 | 22.88 Mn |
| Mar 31, 2025 | 21.56 Mn |
| Dec 31, 2024 | 25.17 Mn |
| Sep 30, 2024 | 21.89 Mn |
| Jun 30, 2024 | 20.17 Mn |
| Mar 31, 2024 | 18.22 Mn |
| Dec 31, 2023 | 18.90 Mn |
| Sep 30, 2023 | 19.63 Mn |
| Jun 30, 2023 | 20.12 Mn |
| Mar 31, 2023 | 21.48 Mn |
| Dec 31, 2022 | 21.16 Mn |
| Sep 30, 2022 | 19.38 Mn |
| Jun 30, 2022 | 17.89 Mn |
| Mar 31, 2022 | 18.62 Mn |
| Dec 31, 2021 | 18.47 Mn |
| Sep 30, 2021 | 15.10 Mn |
API Access
PMV Pharmaceuticals 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=PMVP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "PMVP", "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=PMVP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();