Relmada Therapeutics (RLMD) Operating Expenses (2012 - 2026)
Relmada Therapeutics (RLMD) posted quarterly Operating Expenses of $19.5 million for Q1 2026, up 6.82% year-over-year from $18.2 million in Q1 2025, and down 4.29% quarter-over-quarter from $20.3 million in Q4 2025.
Analysis
Relmada Therapeutics (RLMD) Operating Expenses (2012 - 2026) Analysis & Trends
Relmada Therapeutics (RLMD) has reported Operating Expenses for 15 consecutive years, with $19.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 6.82% year-over-year to $19.5 million; the TTM figure through Mar 2026 stood at $60.3 million (down 23.73% YoY), while the FY2025 annual figure was $59.1 million, down 29.55% from the prior year.
- Operating Expenses retreated to $19.5 million in Q1 2026 per RLMD's latest filing, from $20.3 million in the prior quarter.
- Across five years, Operating Expenses topped out at $45.5 million in Q2 2022 and bottomed at $10.2 million in Q2 2025.
- Historically, Operating Expenses has averaged $25.1 million across 5 years, with a median of $23.0 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 71.99% — and 2025, when it plunged 55.12%.
- Relmada Therapeutics' Operating Expenses stood at $38.7 million in 2022, then sank by 30.68% to $26.8 million in 2023, then dropped by 28.9% to $19.1 million in 2024, then gained by 6.59% to $20.3 million in 2025, then slipped by 4.29% to $19.5 million in 2026.
- Business Quant data shows RLMD's Operating Expenses at $19.5 million in Q1 2026, $20.3 million in Q4 2025, and $10.3 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn | 2.09 Bn |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | 3.00 Bn |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn | -1.05 Bn |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn | 960.00 Mn |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - | 505.13 Mn |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn | 1.21 Bn |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn | 1.06 Bn |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - | 541.02 Mn |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | 427.03 Mn |
| 10 | Relmada Therapeutics | 498.39 Mn | 498.39 Mn | - | 15.01 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.01 Mn |
| Mar 31, 2026 | 19.46 Mn |
| Dec 31, 2025 | 20.33 Mn |
| Sep 30, 2025 | 10.33 Mn |
| Jun 30, 2025 | 10.22 Mn |
| Mar 31, 2025 | 18.22 Mn |
| Dec 31, 2024 | 19.08 Mn |
| Sep 30, 2024 | 23.01 Mn |
| Jun 30, 2024 | 18.82 Mn |
| Mar 31, 2024 | 22.99 Mn |
| Dec 31, 2023 | 26.83 Mn |
| Sep 30, 2023 | 22.69 Mn |
| Jun 30, 2023 | 26.03 Mn |
| Mar 31, 2023 | 28.15 Mn |
| Dec 31, 2022 | 38.70 Mn |
| Sep 30, 2022 | 38.74 Mn |
| Jun 30, 2022 | 45.51 Mn |
| Mar 31, 2022 | 38.30 Mn |
| Dec 31, 2021 | 34.18 Mn |
| Sep 30, 2021 | 42.65 Mn |