Regeneron Pharmaceuticals (REGN) Operating Expenses (2009 - 2026)
Regeneron Pharmaceuticals' quarterly Operating Expenses came in at $3.0 billion in Q1 2026, up 21.56% year-on-year from $2.4 billion in Q1 2025, and down 1.39% quarter-over-quarter from $3.0 billion in Q4 2025.
Regeneron Pharmaceuticals has reported Operating Expenses for 18 years, with the latest figure at $3.0 billion in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 21.56% year-over-year to $3.0 billion; the trailing twelve-month figure through Mar 2026 stood at $11.3 billion (up 10.1% YoY), and the FY2025 full-year result was $10.8 billion, up 5.42% from the prior year.
- Operating Expenses for Q1 2026 stood at $3.0 billion, down from $3.0 billion in the prior quarter.
- The five-year high for Operating Expenses was $3.0 billion in Q4 2025, with the low at $1.7 billion in Q1 2022.
- Average Operating Expenses over 5 years is $2.4 billion, with a median of $2.4 billion recorded in 2025.
- Year-over-year, Operating Expenses dropped 2.46% in 2022 and jumped 31.49% in 2023.
- Tracing REGN's Operating Expenses over 5 years: stood at $2.3 billion in 2022, then climbed by 8.55% to $2.5 billion in 2023, then climbed by 13.72% to $2.8 billion in 2024, then grew by 7.34% to $3.0 billion in 2025, then retreated by 1.39% to $3.0 billion in 2026.
- The last three Operating Expenses figures came in at $3.0 billion (Q1 2026), $3.0 billion (Q4 2025), and $2.7 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Quantum Biopharma | 961,148.99 Bn | 961,148.98 Bn | - | 2.97 Mn |
| 2 | Alterity Therapeutics | 744,933.29 Bn | 744,933.26 Bn | - | 4.33 Mn |
| 3 | Legend Biotech | 2,540.00 Bn | 2,539.71 Bn | 242.10 Mn | -138.30 Mn |
| 4 | Nanobiotix | 2,199.85 Bn | 2,199.78 Bn | - | - |
| 5 | Akari Therapeutics | 1,635.88 Bn | 1,635.88 Bn | - | 15.76 Mn |
| 6 | Vertex Pharmaceuticals | 111.32 Bn | 104.07 Bn | 2.59 Bn | 1.85 Bn |
| 7 | Evaxion A | 62.56 Bn | 62.54 Bn | - | -3.82 Mn |
| 8 | Regeneron Pharmaceuticals | 62.55 Bn | 53.79 Bn | 3.31 Bn | 2.96 Bn |
| 9 | Alnylam Pharmaceuticals | 39.57 Bn | 36.56 Bn | 959.66 Mn | 898.54 Mn |
| 10 | Revolution Medicines | 32.39 Bn | 32.39 Bn | - | 445.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.96 Bn |
| Dec 31, 2025 | 3.00 Bn |
| Sep 30, 2025 | 2.73 Bn |
| Jun 30, 2025 | 2.60 Bn |
| Mar 31, 2025 | 2.44 Bn |
| Dec 31, 2024 | 2.80 Bn |
| Sep 30, 2024 | 2.54 Bn |
| Jun 30, 2024 | 2.48 Bn |
| Mar 31, 2024 | 2.39 Bn |
| Dec 31, 2023 | 2.46 Bn |
| Sep 30, 2023 | 2.25 Bn |
| Jun 30, 2023 | 2.14 Bn |
| Mar 31, 2023 | 2.22 Bn |
| Dec 31, 2022 | 2.27 Bn |
| Sep 30, 2022 | 1.71 Bn |
| Jun 30, 2022 | 1.75 Bn |
| Mar 31, 2022 | 1.71 Bn |
| Dec 31, 2021 | 2.31 Bn |
| Sep 30, 2021 | 1.61 Bn |
| Jun 30, 2021 | 1.79 Bn |
| Mar 31, 2021 | 1.42 Bn |
| Dec 31, 2020 | 1.26 Bn |
| Sep 30, 2020 | 1.24 Bn |
| Jun 30, 2020 | 1.30 Bn |
| Mar 31, 2020 | 1.13 Bn |
| Dec 31, 2019 | 1.19 Bn |
| Sep 30, 2019 | 1.01 Bn |
| Jun 30, 2019 | 1.26 Bn |
| Mar 31, 2019 | 892.60 Mn |
| Dec 31, 2018 | 1.21 Bn |
| Sep 30, 2018 | 1.04 Bn |
| Jun 30, 2018 | 985.80 Mn |
| Mar 31, 2018 | 944.30 Mn |
| Dec 31, 2017 | 1.04 Bn |
| Sep 30, 2017 | 940.75 Mn |
| Jun 30, 2017 | 919.80 Mn |
| Mar 31, 2017 | 888.45 Mn |
| Dec 31, 2016 | 879.84 Mn |
| Sep 30, 2016 | 857.32 Mn |
| Jun 30, 2016 | 921.00 Mn |
| Mar 31, 2016 | 871.54 Mn |
| Dec 31, 2015 | 867.00 Mn |
| Sep 30, 2015 | 745.00 Mn |
| Jun 30, 2015 | 653.76 Mn |
| Mar 31, 2015 | 586.06 Mn |
| Dec 31, 2014 | 586.53 Mn |
| Sep 30, 2014 | 537.32 Mn |
| Jun 30, 2014 | 437.61 Mn |
| Mar 31, 2014 | 434.18 Mn |
| Dec 31, 2013 | 415.32 Mn |
| Sep 30, 2013 | 360.23 Mn |
| Jun 30, 2013 | 299.54 Mn |
| Mar 31, 2013 | 286.61 Mn |
| Dec 31, 2012 | 268.93 Mn |
| Sep 30, 2012 | 225.32 Mn |
| Jun 30, 2012 | 216.92 Mn |
| Mar 31, 2012 | 209.59 Mn |
| Dec 31, 2011 | 168.38 Mn |
| Sep 30, 2011 | 161.29 Mn |
| Jun 30, 2011 | 168.13 Mn |
| Mar 31, 2011 | 153.19 Mn |
| Dec 31, 2010 | 146.45 Mn |
| Sep 30, 2010 | 138.07 Mn |
| Jun 30, 2010 | 139.61 Mn |
| Mar 31, 2010 | 132.41 Mn |
| Dec 31, 2009 | 136.21 Mn |
| Sep 30, 2009 | 118.75 Mn |
| Jun 30, 2009 | 106.30 Mn |