Quantum Biopharma (QNTM) Operating Expenses (2019 - 2026)

Quantum Biopharma (QNTM) reported Operating Expenses of $3.0 million for Q1 2026, down 12.69% on a YoY basis from $3.4 million in Q1 2025, and up 24.98% sequentially from $2.4 million in Q4 2025.

Quantum Biopharma (QNTM) Operating Expenses (2019 - 2026) Analysis & Trends

Quantum Biopharma (QNTM) has 8 years of Operating Expenses data on file, last reported at $3.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 12.69% year-over-year to $3.0 million; the trailing twelve-month figure through Mar 2026 stood at $14.9 million (up 11.88% YoY), and the FY2025 full-year result was $15.3 million, down 5.17% from the prior year.
  • Operating Expenses advanced to $3.0 million in Q1 2026, from $2.4 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $9.8 million in Q1 2023 to a low of $1.9 million in Q2 2023.
  • A 5-year average of $3.9 million and a median of $3.4 million in 2025 frame the typical range for Operating Expenses.
  • Peak annual rise in Operating Expenses reached 84.77% in 2024, while the deepest fall reached 77.07% in 2024.
  • Tracing QNTM's Operating Expenses over 5 years: stood at $5.6 million in 2022, then sank by 41.38% to $3.3 million in 2023, then tumbled by 31.84% to $2.3 million in 2024, then grew by 5.14% to $2.4 million in 2025, then climbed by 24.98% to $3.0 million in 2026.
  • Business Quant data shows QNTM's Operating Expenses at $3.0 million in Q1 2026, $2.4 million in Q4 2025, and $4.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Oculis Holding AG 67,072.09 Bn 67,072.09 Bn - -28.01 Mn
2 Nanobiotix 1,894.61 Bn 1,894.55 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - 15.76 Mn
4 BeOne Medicines 471.64 Bn 466.85 Bn 1.35 Bn 1.10 Bn
5 Vertex Pharmaceuticals 121.72 Bn 114.47 Bn 2.59 Bn 1.85 Bn
6 Regeneron Pharmaceuticals 68.28 Bn 59.52 Bn 3.31 Bn 2.96 Bn
7 Belite Bio 61.40 Bn 61.40 Bn - 32.68 Mn
8 Argenx Se 56.94 Bn 56.94 Bn 1.18 Bn -919.00 Mn
9 Revolution Medicines 37.37 Bn 37.37 Bn - 445.22 Mn
10 Quantum Biopharma 13.00 Bn 13.00 Bn - 2.97 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.97 Mn
Dec 31, 2025 2.37 Mn
Sep 30, 2025 4.68 Mn
Jun 30, 2025 4.85 Mn
Mar 31, 2025 3.40 Mn
Dec 31, 2024 2.26 Mn
Sep 30, 2024 4.18 Mn
Jun 30, 2024 3.46 Mn
Mar 31, 2024 2.26 Mn
Sep 30, 2023 3.31 Mn
Jun 30, 2023 1.87 Mn
Mar 31, 2023 9.84 Mn
Mar 31, 2022 5.65 Mn
Jun 30, 2021 12.69 Mn
Sep 30, 2020 13.12 Mn
Jun 30, 2020 3.48 Mn
Mar 31, 2020 4.99 Mn
Dec 31, 2019 9.69 Mn
Sep 30, 2019 8.42 Mn
Jun 30, 2019 5.94 Mn