Pelthos Therapeutics (PTHS) Operating Expenses (2023 - 2026)
Pelthos Therapeutics (PTHS) posted Operating Expenses of $32.93 million for Q2 2026, up 919.1% from $3.23 million a year earlier and up 37.2% from the prior quarter.
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Analysis
Pelthos Therapeutics (PTHS) Operating Expenses (2023 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Pelthos Therapeutics was $101.08 million; for FY2025, it was $49.23 million, up 550.2% from FY2024.
- Annual Operating Expenses has increased for three consecutive years, with a three-year compound annual growth rate of 176.9% (FY2022 to FY2025).
- In prior years, Pelthos Therapeutics' Operating Expenses was $7.57 million in FY2024 (+10.3%), $6.86 million in FY2023 (+196.0%) and $2.32 million in FY2022.
- The Q2 2026 figure stands as the highest quarterly Operating Expenses in data going back to Q1 2023.
- On a year-over-year basis, Operating Expenses increased in three of the last five quarters, with growth averaging 200.5%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $23.99 million (Q1 2026), $21.39 million (Q4 2025) and $22.77 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 | Pelthos Therapeutics | 81.21 Mn | -7.18 Mn | 11.99 Mn | 32.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.93 Mn |
| Mar 31, 2026 | 23.99 Mn |
| Dec 31, 2025 | 21.39 Mn |
| Sep 30, 2025 | 22.77 Mn |
| Jun 30, 2025 | 3.23 Mn |
| Mar 31, 2025 | 1.83 Mn |
| Dec 31, 2024 | 1.82 Mn |
| Sep 30, 2024 | 2.05 Mn |
| Jun 30, 2024 | 1.76 Mn |
| Mar 31, 2024 | 1.93 Mn |
| Dec 31, 2023 | 3.88 Mn |
| Sep 30, 2023 | 1.29 Mn |
| Jun 30, 2023 | 777,160.00 |
| Mar 31, 2023 | 914,583.00 |
API Access
Pelthos Therapeutics 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=PTHS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "PTHS", "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=PTHS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();