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-over-year from $9.2 million in Q2 2022, and down 30.46% quarter-over-quarter from $6.9 million in Q1 2023.
Analysis
RedHill Biopharma (RDHL) Operating Expenses (2012 - 2023) Analysis & Trends
RedHill Biopharma (RDHL) has reported Operating Expenses for 12 consecutive years, with $4.8 million the latest figure, recorded in Q2 2023.
- On a quarterly basis, Operating Expenses fell 48.2% year-over-year to $4.8 million in Q2 2023; TTM through Jun 2023 was $27.4 million, a 41.47% decrease from a year earlier, with the FY2025 full-year figure at $8.2 million, up 26.56% from the prior year.
- Operating Expenses was $4.8 million for Q2 2023 at RedHill Biopharma, down 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.
- Across the five-year window, Operating Expenses surged 122.37% in 2021 and sank 55.08% in 2022, its largest moves.
- Over 5 years, Operating Expenses stood at $6.4 million in 2019, then jumped by 112.48% to $13.6 million in 2020, then retreated 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.
- The last three Operating Expenses figures came in at $4.8 million (Q2 2023), $6.9 million (Q1 2023), and $7.6 million (Q4 2022), per Business Quant data.
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 | RedHill Biopharma | 178.35 Mn | 178.35 Mn | - | - |
Historic Data
Download Data
Historic 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 |