RedHill Biopharma (RDHL) Operating Expenses (2012 - 2023)
RedHill Biopharma (RDHL) reported Operating Expenses of $4.8 million for Q2 2023, down 48.2% year-over-year from $9.2 million in Q2 2022, and down 30.46% quarter-over-quarter from $6.9 million in Q1 2023.
RedHill Biopharma (RDHL) Operating Expenses (2012 - 2023) Analysis & Trends
RedHill Biopharma (RDHL) has 12 years of Operating Expenses data on file, last reported at $4.8 million in Q2 2023.
- Operating Expenses for Q2 2023 came in at $4.8 million, down 48.2% year-over-year; the trailing twelve-month figure through Dec 2024 was $4.8 million (down 75.21% YoY), and the FY2025 annual result was $8.2 million, up 16.03% from the prior year.
- Operating Expenses retreated to $4.8 million in Q2 2023 per RDHL's latest filing, from $6.9 million in the prior quarter.
- Over five years, Operating Expenses peaked at $20.6 million in Q2 2021 and troughed at $4.8 million in Q2 2023.
- A 5-year average of $10.0 million and a median of $9.2 million in 2020 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2021 and 2022: Operating Expenses soared 122.37% in 2021, then plunged 55.08% in 2022.
- A 5-year view of Operating Expenses shows it stood at $6.4 million in 2019, then surged by 112.48% to $13.6 million in 2020, then decreased by 8.43% to $12.5 million in 2021, then plunged by 38.78% to $7.6 million in 2022, then plunged by 37.31% to $4.8 million in 2023.
- Business Quant data shows RDHL's Operating Expenses at $4.8 million in Q2 2023, $6.9 million in Q1 2023, and $7.6 million in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 38.34 Bn | 34.60 Bn | 1.97 Bn | 526.00 Mn |
| 2 | Zoetis | 33.27 Bn | 31.33 Bn | 1.62 Bn | 788.00 Mn |
| 3 | United Therapeutics | 23.75 Bn | 21.60 Bn | 648.10 Mn | 455.70 Mn |
| 4 | Aurora Cannabis | 17.11 Bn | 17.03 Bn | 33.43 Mn | 19.40 Mn |
| 5 | Neurocrine Biosciences | 16.37 Bn | 15.05 Bn | 800.70 Mn | 621.10 Mn |
| 6 | Elanco Animal Health | 11.78 Bn | 11.35 Bn | 785.00 Mn | 478.00 Mn |
| 7 | Alkermes | 7.05 Bn | 6.54 Bn | -116.06 Mn | 441.19 Mn |
| 8 | Lantheus Holdings | 6.49 Bn | 5.99 Bn | 230.92 Mn | 96.91 Mn |
| 9 | Hims & Hers Health | 6.19 Bn | 5.44 Bn | 396.79 Mn | 475.11 Mn |
| 10 | RedHill Biopharma | 142.34 Mn | 142.34 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 4.79 Mn |
| Mar 31, 2023 | 6.88 Mn |
| Dec 31, 2022 | 7.63 Mn |
| Sep 30, 2022 | 8.12 Mn |
| Jun 30, 2022 | 9.24 Mn |
| Mar 31, 2022 | 10.88 Mn |
| Dec 31, 2021 | 12.47 Mn |
| Sep 30, 2021 | 14.25 Mn |
| Jun 30, 2021 | 20.56 Mn |
| Mar 31, 2021 | 14.58 Mn |
| Dec 31, 2020 | 13.62 Mn |
| Sep 30, 2020 | 11.65 Mn |
| Jun 30, 2020 | 9.25 Mn |
| Mar 31, 2020 | 7.35 Mn |
| Dec 31, 2019 | 6.41 Mn |
| Sep 30, 2019 | 5.72 Mn |
| Jun 30, 2019 | 9.37 Mn |
| Mar 31, 2019 | 7.40 Mn |
| Dec 31, 2018 | 7.67 Mn |
| Sep 30, 2018 | 8.30 Mn |