Purple Biotech (PPBT) Operating Expenses (2014 - 2026)
Purple Biotech's (PPBT) quarterly Operating Expenses came in at $2.3 million in Q1 2026, up 60.1% year-on-year from $1.4 million in Q1 2025, and down 24.06% on a QoQ basis 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.
- On a quarterly basis, Operating Expenses rose 60.1% year-over-year to $2.3 million in Q1 2026; TTM through Mar 2026 was $7.8 million, a 0.09% change from a year earlier, with the FY2025 full-year figure at $27.5 million, up 149.5% from the prior year.
- Operating Expenses for Q1 2026 stood at $2.3 million, down from $3.0 million in the prior quarter.
- Over the last five years, Operating Expenses for PPBT reached as high as $7.3 million in Q1 2022 and fell as low as $1.0 million in Q4 2024.
- Historically, Operating Expenses has averaged $3.8 million across 5 years, with a median of $3.6 million in 2022.
- Across the five-year window, Operating Expenses sank 83.79% in 2024 and soared 191.73% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $6.6 million in 2022, then decreased by 5.06% to $6.3 million in 2023, then sank by 83.79% to $1.0 million in 2024, then surged by 191.73% to $3.0 million in 2025, then fell by 24.06% to $2.3 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $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 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | -28.01 Mn |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 1.10 Bn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | -3.78 Mn |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 1.85 Bn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 2.96 Bn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | 32.68 Mn |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 2.89 Bn |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | 445.22 Mn |
| 10 | Purple Biotech | 1.33 Bn | 1.33 Bn | - | 2.25 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.25 Mn |
| Dec 31, 2025 | 2.96 Mn |
| Sep 30, 2025 | 1.37 Mn |
| Jun 30, 2025 | 1.24 Mn |
| Mar 31, 2025 | 1.41 Mn |
| Dec 31, 2024 | 1.02 Mn |
| Sep 30, 2024 | 2.13 Mn |
| Jun 30, 2024 | 3.26 Mn |
| Mar 31, 2024 | 4.47 Mn |
| Dec 31, 2023 | 6.27 Mn |
| Sep 30, 2023 | 5.75 Mn |
| Jun 30, 2023 | 5.14 Mn |
| Mar 31, 2023 | 5.12 Mn |
| Dec 31, 2022 | 6.60 Mn |
| Sep 30, 2022 | 5.08 Mn |
| Jun 30, 2022 | 3.59 Mn |
| Mar 31, 2022 | 7.33 Mn |
| Dec 31, 2021 | 7.78 Mn |
| Sep 30, 2021 | 3.20 Mn |
| Jun 30, 2021 | 3.62 Mn |