RedHill Biopharma (RDHL) Operating Expenses (2012 - 2023)

RedHill Biopharma's (RDHL) quarterly Operating Expenses came in at $4.8 million in Q2 2023, down 48.2% year-on-year from $9.2 million in Q2 2022, and down 30.46% on a QoQ basis 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.

  • On a quarterly basis, Operating Expenses fell 48.2% year-over-year to $4.8 million in Q2 2023; TTM through Dec 2024 was $4.8 million, a 75.21% decrease from a year earlier, with the FY2025 full-year figure at $8.2 million, up 26.56% from the prior year.
  • Operating Expenses for Q2 2023 stood at $4.8 million, down from $6.9 million in the prior quarter.
  • Over the last five years, Operating Expenses for RDHL reached as high as $20.6 million in Q2 2021 and fell as low as $4.8 million in Q2 2023.
  • Historically, Operating Expenses has averaged $10.0 million across 5 years, with a median of $9.2 million in 2020.
  • Across the five-year window, Operating Expenses jumped 122.37% in 2021 and slumped 55.08% in 2022, its largest moves.
  • Year by year, Operating Expenses stood at $6.4 million in 2019, then surged by 112.48% to $13.6 million in 2020, then declined by 8.43% to $12.5 million in 2021, then sank by 38.78% to $7.6 million in 2022, then sank by 37.31% to $4.8 million in 2023.
  • Per Business Quant data, the three most recent Operating Expenses figures were $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 Haleon 88.07 Bn 86.20 Bn - -
2 Teva Pharmaceutical Industries 35.75 Bn 32.01 Bn 1.97 Bn 1.00 Bn
3 Zoetis 31.84 Bn 29.90 Bn 1.62 Bn 788.00 Mn
4 Takeda Pharmaceutical 27.18 Bn 23.12 Bn 4.39 Bn 12.58 Bn
5 United Therapeutics 23.09 Bn 20.93 Bn 648.10 Mn 455.70 Mn
6 RedHill Biopharma 21.32 Bn 21.32 Bn - -
7 Viatris 19.96 Bn 18.16 Bn 1.16 Bn 1.24 Bn
8 Neurocrine Biosciences 17.66 Bn 16.34 Bn 800.70 Mn 621.10 Mn
9 Elanco Animal Health 12.44 Bn 12.02 Bn 785.00 Mn 494.00 Mn
10 Vireo Growth 10.53 Bn 10.38 Bn 59.30 Mn 50.30 Mn

Historic Data

Download Data
DateValue
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