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| Date | Value |
|---|---|
| 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 |