Purple Biotech (PPBT) Operating Expenses (2014 - 2026)
Purple Biotech (PPBT) reported Operating Expenses of $2.3 million for Q1 2026, up 59.61% year-over-year from $1.5 million in Q1 2025, and down 23.24% quarter-over-quarter from $3.0 million in Q4 2025.
Purple Biotech (PPBT) Operating Expenses (2014 - 2026) Analysis & Trends
Purple Biotech (PPBT) has 12 years of Operating Expenses data on file, last reported at $2.3 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $2.3 million, up 59.61% year-over-year; the trailing twelve-month figure through Mar 2026 was $8.0 million (up 0.59% YoY), and the FY2025 annual result was $27.5 million, up 149.5% from the prior year.
- Operating Expenses retreated to $2.3 million in Q1 2026 per PPBT's latest filing, from $3.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $7.4 million in Q1 2022 and troughed at $1.1 million in Q4 2024.
- A 5-year average of $3.9 million and a median of $3.6 million in 2022 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses slumped 83.28% in 2024, then jumped 185.7% in 2025.
- A 5-year view of Operating Expenses shows it stood at $6.7 million in 2022, then fell by 5.05% to $6.3 million in 2023, then tumbled by 83.28% to $1.1 million in 2024, then jumped by 185.7% to $3.0 million in 2025, then fell by 23.24% to $2.3 million in 2026.
- Business Quant data shows PPBT's Operating Expenses at $2.3 million in Q1 2026, $3.0 million in Q4 2025, and $1.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 814,307.08 Bn | 814,307.05 Bn | - | 4.33 Mn |
| 2 | Belite Bio | 55,320.00 Bn | 55,320.00 Bn | - | 32.68 Mn |
| 3 | Quantum Biopharma | 17,149.72 Bn | 17,149.72 Bn | - | 2.97 Mn |
| 4 | Legend Biotech | 3,590.00 Bn | 3,589.71 Bn | 242.10 Mn | -138.30 Mn |
| 5 | Akari Therapeutics | 1,650.72 Bn | 1,650.72 Bn | - | 15.76 Mn |
| 6 | Evaxion A | 1,522.09 Bn | 1,522.07 Bn | - | -3.82 Mn |
| 7 | Psyence Biomedical | 229.39 Bn | 229.38 Bn | - | 574,669.00 |
| 8 | Vertex Pharmaceuticals | 113.09 Bn | 105.85 Bn | 2.59 Bn | 1.85 Bn |
| 9 | Abivax | 90.15 Bn | 90.15 Bn | - | -67.40 Mn |
| 10 | Purple Biotech | 242.86 Mn | 236.43 Mn | - | 2.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.32 Mn |
| Dec 31, 2025 | 3.02 Mn |
| Sep 30, 2025 | 1.43 Mn |
| Jun 30, 2025 | 1.28 Mn |
| Mar 31, 2025 | 1.45 Mn |
| Dec 31, 2024 | 1.06 Mn |
| Sep 30, 2024 | 2.18 Mn |
| Jun 30, 2024 | 3.31 Mn |
| Mar 31, 2024 | 4.51 Mn |
| Dec 31, 2023 | 6.32 Mn |
| Sep 30, 2023 | 5.80 Mn |
| Jun 30, 2023 | 5.19 Mn |
| Mar 31, 2023 | 5.17 Mn |
| Dec 31, 2022 | 6.65 Mn |
| Sep 30, 2022 | 5.13 Mn |
| Jun 30, 2022 | 3.59 Mn |
| Mar 31, 2022 | 7.38 Mn |
| Dec 31, 2021 | 7.78 Mn |
| Sep 30, 2021 | 3.20 Mn |
| Jun 30, 2021 | 3.62 Mn |