Revolution Medicines (RVMD) Operating Expenses (2019 - 2026)
Revolution Medicines' quarterly Operating Expenses came in at $445.2 million in Q1 2026, up 84.92% year-on-year from $240.8 million in Q1 2025, and up 23.12% quarter-over-quarter from $361.6 million in Q4 2025.
Revolution Medicines has reported Operating Expenses for 8 years, with the latest figure at $445.2 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 84.92% year-over-year to $445.2 million; the trailing twelve-month figure through Mar 2026 stood at $1.4 billion (up 75.68% YoY), and the FY2025 full-year result was $1.2 billion, up 71.48% from the prior year.
- Operating Expenses for Q1 2026 stood at $445.2 million, up from $361.6 million in the prior quarter.
- The five-year high for Operating Expenses was $445.2 million in Q1 2026, with the low at $65.5 million in Q1 2022.
- Average Operating Expenses over 5 years is $182.9 million, with a median of $156.6 million recorded in 2024.
- Year-over-year, Operating Expenses soared 134.6% in 2023 and advanced 19.69% in 2024.
- Tracing RVMD's Operating Expenses over 5 years: stood at $77.0 million in 2022, then soared by 134.6% to $180.7 million in 2023, then rose by 19.69% to $216.3 million in 2024, then surged by 67.18% to $361.6 million in 2025, then increased by 23.12% to $445.2 million in 2026.
- The last three Operating Expenses figures came in at $445.2 million (Q1 2026), $361.6 million (Q4 2025), and $315.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Quantum Biopharma | 961,148.99 Bn | 961,148.98 Bn | - | 2.97 Mn |
| 2 | Alterity Therapeutics | 744,933.29 Bn | 744,933.26 Bn | - | 4.33 Mn |
| 3 | Legend Biotech | 2,540.00 Bn | 2,539.71 Bn | 242.10 Mn | -138.30 Mn |
| 4 | Nanobiotix | 2,199.85 Bn | 2,199.78 Bn | - | - |
| 5 | Akari Therapeutics | 1,635.88 Bn | 1,635.88 Bn | - | 15.76 Mn |
| 6 | Vertex Pharmaceuticals | 111.32 Bn | 104.07 Bn | 2.59 Bn | 1.85 Bn |
| 7 | Evaxion A | 62.56 Bn | 62.54 Bn | - | -3.82 Mn |
| 8 | Regeneron Pharmaceuticals | 62.55 Bn | 53.79 Bn | 3.31 Bn | 2.96 Bn |
| 9 | Alnylam Pharmaceuticals | 39.57 Bn | 36.56 Bn | 959.66 Mn | 898.54 Mn |
| 10 | Revolution Medicines | 32.39 Bn | 32.39 Bn | - | 445.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 445.22 Mn |
| Dec 31, 2025 | 361.63 Mn |
| Sep 30, 2025 | 315.27 Mn |
| Jun 30, 2025 | 264.71 Mn |
| Mar 31, 2025 | 240.76 Mn |
| Dec 31, 2024 | 216.31 Mn |
| Sep 30, 2024 | 175.71 Mn |
| Jun 30, 2024 | 156.64 Mn |
| Mar 31, 2024 | 140.86 Mn |
| Dec 31, 2023 | 180.73 Mn |
| Sep 30, 2023 | 123.25 Mn |
| Jun 30, 2023 | 112.62 Mn |
| Mar 31, 2023 | 82.17 Mn |
| Dec 31, 2022 | 77.04 Mn |
| Sep 30, 2022 | 79.89 Mn |
| Jun 30, 2022 | 71.21 Mn |
| Mar 31, 2022 | 65.53 Mn |
| Dec 31, 2021 | 62.37 Mn |
| Sep 30, 2021 | 54.26 Mn |
| Jun 30, 2021 | 53.23 Mn |
| Mar 31, 2021 | 47.53 Mn |
| Dec 31, 2020 | 42.83 Mn |
| Sep 30, 2020 | 40.21 Mn |
| Jun 30, 2020 | 38.01 Mn |
| Mar 31, 2020 | 32.63 Mn |
| Dec 31, 2019 | 31.65 Mn |
| Sep 30, 2019 | 26.07 Mn |
| Jun 30, 2019 | 22.84 Mn |
| Mar 31, 2019 | 23.60 Mn |