Roivant Sciences (ROIV) Operating Expenses (2020 - 2025)
Roivant Sciences (ROIV) posted Operating Expenses of $936.0 million for Q4 2025, up 204.11% on a QoQ basis from $307.8 million in Q3 2025, and up 10.1% year-over-year from $850.2 million in Q4 2024.
Roivant Sciences (ROIV) Operating Expenses (2020 - 2025) Analysis & Trends
Roivant Sciences' Operating Expenses history runs 6 years deep, the most recent figure standing at $936.0 million for Q4 2025.
- Quarterly Operating Expenses rose 10.1% year-over-year to $936.0 million in Q4 2025, while the trailing twelve-month figure through Mar 2026 was $1.5 billion (up 8.04% YoY) and the FY2026 annual result came in at $1.3 billion, up 13.2% from the prior year.
- Operating Expenses was $936.0 million for Q4 2025 at Roivant Sciences, up from $307.8 million in the prior quarter.
- Across five years, Operating Expenses topped out at $1.1 billion in Q4 2021 and bottomed at $162.1 million in Q2 2021.
- A 5-year average of $511.9 million and a median of $307.8 million in 2025 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2021 — Operating Expenses jumped 342.42% — and 2022, when it sank 58.01%.
- Roivant Sciences' Operating Expenses stood at $1.1 billion in 2021, then fell by 13.78% to $975.1 million in 2022, then slumped by 31.47% to $668.2 million in 2023, then rose by 27.23% to $850.2 million in 2024, then advanced by 10.1% to $936.0 million in 2025.
- Business Quant data shows ROIV's Operating Expenses at $936.0 million in Q4 2025, $307.8 million in Q3 2025, and $287.1 million in Q2 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 | Roivant Sciences | 24.35 Bn | 25.12 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 936.05 Mn |
| Sep 30, 2025 | 307.80 Mn |
| Jun 30, 2025 | 287.09 Mn |
| Dec 31, 2024 | 850.20 Mn |
| Sep 30, 2024 | 346.19 Mn |
| Jun 30, 2024 | 220.61 Mn |
| Dec 31, 2023 | 668.24 Mn |
| Sep 30, 2023 | 217.54 Mn |
| Jun 30, 2023 | 298.04 Mn |
| Dec 31, 2022 | 975.06 Mn |
| Sep 30, 2022 | 293.30 Mn |
| Jun 30, 2022 | 286.63 Mn |
| Dec 31, 2021 | 1.13 Bn |
| Sep 30, 2021 | 698.42 Mn |
| Jun 30, 2021 | 162.12 Mn |
| Dec 31, 2020 | 264.82 Mn |
| Sep 30, 2020 | 157.86 Mn |
| Jun 30, 2020 | 116.03 Mn |