Replimune (REPL) Operating Expenses (2017 - 2026)
Replimune (REPL) posted Operating Expenses of $73.3 million for Q1 2026, up 2.05% sequentially from $71.9 million in Q4 2025, and down 7.55% YoY from $79.3 million in Q1 2025.
Analysis
Replimune (REPL) Operating Expenses (2017 - 2026) Analysis & Trends
Replimune has reported Operating Expenses for 10 years, with the latest figure at $73.3 million in Q1 2026.
- Quarterly Operating Expenses fell 7.55% year-over-year to $73.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $319.9 million (up 22.28% YoY) and the FY2026 annual result came in at $319.9 million, up 22.28% from the prior year.
- Operating Expenses climbed to $73.3 million in Q1 2026 per REPL's latest filing, from $71.9 million in the prior quarter.
- Over five years, Operating Expenses peaked at $90.4 million in Q2 2025 and troughed at $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.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses jumped 65.67% in 2023, then slipped 7.7% in 2024.
- Over 5 years, Operating Expenses stood at $41.6 million in 2022, then jumped by 35.82% to $56.5 million in 2023, then gained by 16.77% to $66.0 million in 2024, then rose by 8.86% to $71.9 million in 2025, then grew by 2.05% to $73.3 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $73.3 million, $71.9 million, and $84.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.87 Bn | 131.01 Bn | 2.84 Bn | 2.09 Bn |
| 2 | Regeneron Pharmaceuticals | 85.57 Bn | 77.57 Bn | 3.93 Bn | 3.00 Bn |
| 3 | Argenx Se | 63.51 Bn | 58.32 Bn | 1.37 Bn | -1.05 Bn |
| 4 | Moderna | 58.19 Bn | 53.05 Bn | 52.00 Mn | 960.00 Mn |
| 5 | Revolution Medicines | 44.07 Bn | 44.07 Bn | - | 505.13 Mn |
| 6 | BeOne Medicines | 39.99 Bn | 34.89 Bn | 1.53 Bn | 1.21 Bn |
| 7 | Alnylam Pharmaceuticals | 35.38 Bn | 32.07 Bn | 992.69 Mn | 1.06 Bn |
| 8 | Royalty Pharma | 28.42 Bn | 27.58 Bn | - | 541.02 Mn |
| 9 | Insmed | 27.41 Bn | 26.25 Bn | 358.27 Mn | 427.03 Mn |
| 10 | Replimune | 1.45 Bn | 1.45 Bn | - | 68.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 68.25 Mn |
| 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 |