Replimune (REPL) Operating Expenses (2017 - 2026)

Replimune (REPL) reported Operating Expenses of $73.3 million for Q1 2026, down 7.55% on a YoY basis from $79.3 million in Q1 2025, and up 2.05% sequentially from $71.9 million in Q4 2025.

Replimune (REPL) Operating Expenses (2017 - 2026) Analysis & Trends

Replimune (REPL) has 10 years of Operating Expenses data on file, last reported at $73.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 7.55% year-over-year to $73.3 million; the trailing twelve-month figure through Mar 2026 stood at $319.9 million (up 22.28% YoY), and the FY2026 full-year result was $319.9 million, up 22.28% from the prior year.
  • Operating Expenses climbed to $73.3 million in Q1 2026, from $71.9 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $90.4 million in Q2 2025 to a low of $32.0 million in Q1 2022.
  • A 5-year average of $60.3 million and a median of $58.8 million in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses surged 65.67% in 2023 and retreated 7.7% in 2024, its largest moves.
  • Tracing REPL's Operating Expenses over 5 years: stood at $41.6 million in 2022, then jumped by 35.82% to $56.5 million in 2023, then grew by 16.77% to $66.0 million in 2024, then climbed by 8.86% to $71.9 million in 2025, then gained by 2.05% to $73.3 million in 2026.
  • Business Quant data shows REPL's Operating Expenses at $73.3 million in Q1 2026, $71.9 million in Q4 2025, and $84.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -28.01 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 1.10 Bn
4 NuCana 279.75 Bn 279.75 Bn - -3.78 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.85 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 2.96 Bn
7 Belite Bio 62.51 Bn 62.51 Bn - 32.68 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 2.89 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn - 445.22 Mn
10 Replimune 970.73 Mn 970.73 Mn - 73.34 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 73.34 Mn
Dec 31, 2025 71.87 Mn
Sep 30, 2025 84.29 Mn
Jun 30, 2025 90.42 Mn
Mar 31, 2025 79.33 Mn
Dec 31, 2024 66.02 Mn
Sep 30, 2024 58.92 Mn
Jun 30, 2024 57.37 Mn
Mar 31, 2024 58.76 Mn
Dec 31, 2023 56.54 Mn
Sep 30, 2023 63.83 Mn
Jun 30, 2023 55.65 Mn
Mar 31, 2023 53.00 Mn
Dec 31, 2022 41.63 Mn
Sep 30, 2022 41.58 Mn
Jun 30, 2022 40.88 Mn
Mar 31, 2022 31.99 Mn
Dec 31, 2021 29.70 Mn
Sep 30, 2021 29.25 Mn
Jun 30, 2021 27.38 Mn