Relmada Therapeutics (RLMD) Operating Expenses (2012 - 2026)

Relmada Therapeutics (RLMD) reported 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.

Relmada Therapeutics (RLMD) Operating Expenses (2012 - 2026) Analysis & Trends

Relmada Therapeutics (RLMD) has 15 years of Operating Expenses data on file, last reported at $19.5 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $19.5 million, up 6.82% year-over-year; the trailing twelve-month figure through Mar 2026 was $60.3 million (down 23.73% YoY), and the FY2025 annual result was $59.1 million, down 29.55% from the prior year.
  • Operating Expenses eased to $19.5 million in Q1 2026 per RLMD's latest filing, from $20.3 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $45.5 million in Q2 2022 and troughed at $10.2 million in Q2 2025.
  • A 5-year average of $25.1 million and a median of $23.0 million in 2024 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses soared 71.99% in 2022, then plunged 55.12% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $38.7 million in 2022, then plunged by 30.68% to $26.8 million in 2023, then slipped by 28.9% to $19.1 million in 2024, then rose by 6.59% to $20.3 million in 2025, then decreased 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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 4.33 Mn
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - 32.68 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 2.97 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -138.30 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -3.82 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 15.76 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 574,669.00
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.85 Bn
9 Abivax 91.96 Bn 91.96 Bn - -67.40 Mn
10 Relmada Therapeutics 581.07 Mn 581.07 Mn - 19.46 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 26.46 Mn