Pyxis Oncology (PYXS) Operating Expenses (2020 - 2026)
Pyxis Oncology's (PYXS) quarterly Operating Expenses came in at $26.0 million in Q2 2026, up 15.15% year-over-year from $22.6 million in Q2 2025, and down 11.4% quarter-over-quarter from $29.3 million in Q4 2025.
Analysis
Pyxis Oncology (PYXS) Operating Expenses (2020 - 2026) Analysis & Trends
Pyxis Oncology (PYXS) has reported Operating Expenses for 7 consecutive years, with $26.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 15.15% year-over-year to $26.0 million in Q2 2026; TTM through Jun 2026 was $101.4 million, a 7.28% decrease from a year earlier, with the FY2025 full-year figure at $98.3 million, down 6.94% from the prior year.
- Operating Expenses was $26.0 million for Q2 2026 at Pyxis Oncology, down from $29.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at $40.1 million in Q4 2024 and troughed at $17.8 million in Q4 2023.
- A 5-year average of $25.6 million and a median of $23.8 million in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses jumped 333.02% in 2022 and sank 53.21% in 2023, its largest moves.
- Over 5 years, Operating Expenses stood at $38.0 million in 2022, then slumped by 53.21% to $17.8 million in 2023, then soared by 125.52% to $40.1 million in 2024, then slipped by 26.79% to $29.3 million in 2025, then dropped by 11.4% to $26.0 million in 2026.
- The last three Operating Expenses figures came in at $26.0 million (Q2 2026), $29.3 million (Q4 2025), and $23.5 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Amgen | 206.12 Bn | 192.13 Bn | 7.24 Bn | 6.54 Bn |
| 2 | Gilead Sciences | 180.16 Bn | 176.98 Bn | 6.22 Bn | 18.20 Bn |
| 3 | Vertex Pharmaceuticals | 131.52 Bn | 123.67 Bn | 2.84 Bn | 2.09 Bn |
| 4 | Regeneron Pharmaceuticals | 81.95 Bn | 73.96 Bn | 3.93 Bn | 3.00 Bn |
| 5 | Argenx Se | 60.36 Bn | 55.18 Bn | 1.37 Bn | -1.05 Bn |
| 6 | Moderna | 53.81 Bn | 48.67 Bn | 52.00 Mn | 960.00 Mn |
| 7 | Alnylam Pharmaceuticals | 33.01 Bn | 29.70 Bn | 992.69 Mn | 1.06 Bn |
| 8 | Biogen | 31.96 Bn | 30.67 Bn | 1.96 Bn | 2.60 Bn |
| 9 | Roivant Sciences | 29.25 Bn | 29.25 Bn | 1.16 Mn | 367.83 Mn |
| 10 | Pyxis Oncology | 208.29 Mn | 175.30 Mn | - | 25.99 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.99 Mn |
| Dec 31, 2025 | 29.33 Mn |
| Sep 30, 2025 | 23.46 Mn |
| Jun 30, 2025 | 22.57 Mn |
| Mar 31, 2025 | 22.91 Mn |
| Dec 31, 2024 | 40.07 Mn |
| Sep 30, 2024 | 23.75 Mn |
| Jun 30, 2024 | 20.03 Mn |
| Mar 31, 2024 | 21.75 Mn |
| Dec 31, 2023 | 17.77 Mn |
| Sep 30, 2023 | 25.35 Mn |
| Jun 30, 2023 | 18.12 Mn |
| Mar 31, 2023 | 20.95 Mn |
| Dec 31, 2022 | 37.97 Mn |
| Sep 30, 2022 | 28.39 Mn |
| Jun 30, 2022 | 25.73 Mn |
| Mar 31, 2022 | 31.39 Mn |
| Dec 31, 2021 | 16.43 Mn |
| Sep 30, 2021 | 11.62 Mn |
| Jun 30, 2021 | 5.94 Mn |