PureTech Health (PRTC) Operating Expenses (2023 - 2025)

PureTech Health (PRTC) reported Operating Expenses of -$47.9 million for Q2 2025, up 27.81% year-over-year from -$37.5 million in Q2 2024, and up 27.81% quarter-over-quarter from -$66.4 million in Q4 2024.

PureTech Health (PRTC) Operating Expenses (2023 - 2025) Analysis & Trends

PureTech Health (PRTC) has 3 years of Operating Expenses data on file, last reported at -$47.9 million in Q2 2025.

  • Operating Expenses for Q2 2025 came in at -$47.9 million, up 27.81% year-over-year; the trailing twelve-month figure through Dec 2025 was -$180.7 million (up 13.51% YoY), and the FY2025 annual result was -$98.5 million, up 27.6% from the prior year.
  • Operating Expenses rose to -$47.9 million in Q2 2025 per PRTC's latest filing, from -$66.4 million in the prior quarter.
  • Over five years, Operating Expenses peaked at -$47.9 million in Q2 2025 and troughed at -$76.2 million in Q4 2023.
  • A 3-year average of -$64.2 million and a median of -$66.4 million in 2024 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2024 and 2025: Operating Expenses advanced 12.82% in 2024, then grew 27.81% in 2025.
  • A 3-year view of Operating Expenses shows it stood at -$76.2 million in 2023, then increased by 12.82% to -$66.4 million in 2024, then gained by 27.81% to -$47.9 million in 2025.
  • Business Quant data shows PRTC's Operating Expenses at -$47.9 million in Q2 2025, -$66.4 million in Q4 2024, and -$66.4 million in Q2 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 4.33 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - 32.68 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 2.97 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -138.30 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -3.82 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 15.76 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 574,669.00
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.85 Bn
9 Abivax 91.96 Bn 91.96 Bn - -67.40 Mn
10 PureTech Health 86.36 Mn -190.94 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2025 -47.93 Mn
Dec 31, 2024 -66.40 Mn
Jun 30, 2024 -66.40 Mn
Dec 31, 2023 -76.16 Mn