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
DateValue
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