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| 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 |