Quoin Pharmaceuticals (QNRX) Operating Expenses (2021 - 2026)
Quoin Pharmaceuticals' (QNRX) quarterly Operating Expenses came in at $5.5 million in Q2 2026, up 44.3% year-over-year from $3.8 million in Q2 2025, and up 6.67% quarter-over-quarter from $5.1 million in Q1 2026.
Analysis
Quoin Pharmaceuticals (QNRX) Operating Expenses (2021 - 2026) Analysis & Trends
Quoin Pharmaceuticals has disclosed Operating Expenses across 6 years of filings, most recently posting $5.5 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 44.3% year-over-year to $5.5 million; the TTM figure through Jun 2026 stood at $19.1 million (up 50.95% YoY), while the FY2025 annual figure was $16.3 million, up 70.97% from the prior year.
- Operating Expenses came in at $5.5 million for Q2 2026 at Quoin Pharmaceuticals, up from $5.1 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $5.5 million in Q2 2026 to a low of $2.1 million in Q4 2022.
- Average Operating Expenses over 5 years is $3.1 million, with a median of $2.5 million recorded in 2024.
- The largest YoY upside for Operating Expenses was 173.13% in 2022 against a maximum downside of 30.04% in 2022.
- Over 5 years, Operating Expenses stood at $2.1 million in 2022, then grew by 6.32% to $2.2 million in 2023, then climbed by 8.45% to $2.4 million in 2024, then jumped by 87.96% to $4.5 million in 2025, then rose by 21.09% to $5.5 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $5.5 million in Q2 2026, $5.1 million in Q1 2026, and $4.5 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 42.84 Bn | 39.19 Bn | 2.15 Bn | 1.29 Bn |
| 2 | Viatris | 19.13 Bn | 18.24 Bn | 1.46 Bn | 1.45 Bn |
| 3 | Dr Reddys Laboratories | 9.91 Bn | 9.74 Bn | 396.53 Mn | 356.56 Mn |
| 4 | Amneal Pharmaceuticals | 5.51 Bn | 5.38 Bn | 334.51 Mn | 195.34 Mn |
| 5 | Bausch Health Companies | 2.30 Bn | 464.50 Mn | 2.10 Bn | 2.11 Bn |
| 6 | Alvotech | 1.50 Bn | 1.36 Bn | 2.56 Mn | -65.41 Mn |
| 7 | Ani Pharmaceuticals | 1.49 Bn | 1.13 Bn | 165.89 Mn | 225.58 Mn |
| 8 | Amphastar Pharmaceuticals | 1.00 Bn | 714.13 Mn | 93.47 Mn | 53.74 Mn |
| 9 | Fennec Pharmaceuticals | 402.10 Mn | 360.85 Mn | 17.15 Mn | 16.14 Mn |
| 10 | Quoin Pharmaceuticals | 660,541.34 | 660,541.34 | - | 5.47 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.47 Mn |
| Mar 31, 2026 | 5.13 Mn |
| Dec 31, 2025 | 4.52 Mn |
| Sep 30, 2025 | 4.02 Mn |
| Jun 30, 2025 | 3.79 Mn |
| Mar 31, 2025 | 3.96 Mn |
| Dec 31, 2024 | 2.41 Mn |
| Sep 30, 2024 | 2.53 Mn |
| Jun 30, 2024 | 2.14 Mn |
| Mar 31, 2024 | 2.46 Mn |
| Dec 31, 2023 | 2.22 Mn |
| Sep 30, 2023 | 2.13 Mn |
| Jun 30, 2023 | 2.26 Mn |
| Mar 31, 2023 | 2.78 Mn |
| Dec 31, 2022 | 2.09 Mn |
| Sep 30, 2022 | 2.33 Mn |
| Jun 30, 2022 | 2.67 Mn |
| Mar 31, 2022 | 2.18 Mn |
| Dec 31, 2021 | 2.98 Mn |
| Sep 30, 2021 | 1.30 Mn |