Scilex Holding (SCLX) Operating Expenses (2021 - 2026)
Scilex Holding's Operating Expenses came in at $37.07 million for Q2 2026, up 21.9% from $30.4 million a year earlier but down 9.1% from the prior quarter.
Scilex Holding (SCLX) Operating Expenses (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Scilex Holding reported Operating Expenses of $390.8 million, up 177.3% year-over-year; for FY2025, it came in at $376.26 million, up 168.8% from FY2024.
- Operating Expenses carries a five-year compound annual growth rate of 44.9% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $139.99 million in FY2024 (-8.0%), $152.17 million in FY2023 (+71.6%), $88.67 million in FY2022 (+32.0%) and $67.16 million in FY2021 (+14.2%).
- The five-year range for quarterly Operating Expenses is $283,346 (Q3 2021) to $197.07 million (Q3 2025).
- Year-over-year, Operating Expenses has increased for four consecutive quarters, with growth averaging 87.1% over the last eight quarters.
- The fastest year-over-year change in Operating Expenses over five years came in Q3 2025 (growth of 473.7%), and the weakest in Q4 2022 (a decline of 52.4%).
- Business Quant data shows SCLX's Operating Expenses at $40.78 million (Q1 2026), $115.88 million (Q4 2025) and $197.07 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 645.01 Bn | 563.54 Bn | 17.26 Bn | 10.12 Bn |
| 2 | AbbVie | 465.23 Bn | 438.39 Bn | 12.70 Bn | 10.56 Bn |
| 3 | Merck | 368.40 Bn | 322.83 Bn | 12.21 Bn | 12.80 Bn |
| 4 | Novartis Ag | 278.02 Bn | 233.89 Bn | 11.24 Bn | -6.09 Bn |
| 5 | Astrazeneca | 254.57 Bn | 228.13 Bn | 12.86 Bn | -9.70 Bn |
| 6 | Amgen | 229.02 Bn | 184.42 Bn | 7.24 Bn | 6.54 Bn |
| 7 | Gilead Sciences | 187.74 Bn | 161.85 Bn | 6.22 Bn | 18.20 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 6.68 Bn |
| 9 | Vertex Pharmaceuticals | 133.45 Bn | 105.45 Bn | 2.84 Bn | 2.09 Bn |
| 10 | Scilex Holding | 31.02 Mn | 19.00 Mn | 3.97 Mn | 37.07 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.07 Mn |
| Mar 31, 2026 | 40.78 Mn |
| Dec 31, 2025 | 115.88 Mn |
| Sep 30, 2025 | 197.07 Mn |
| Jun 30, 2025 | 30.40 Mn |
| Mar 31, 2025 | 32.90 Mn |
| Dec 31, 2024 | 43.28 Mn |
| Sep 30, 2024 | 34.35 Mn |
| Jun 30, 2024 | 31.99 Mn |
| Mar 31, 2024 | 30.36 Mn |
| Dec 31, 2023 | 31.80 Mn |
| Sep 30, 2023 | 48.92 Mn |
| Jun 30, 2023 | 35.40 Mn |
| Mar 31, 2023 | 36.06 Mn |
| Dec 31, 2022 | 31.66 Mn |
| Sep 30, 2022 | 21.99 Mn |
| Jun 30, 2022 | 19.40 Mn |
| Mar 31, 2022 | 15.62 Mn |
| Dec 31, 2021 | 66.53 Mn |
| Sep 30, 2021 | 283,346.00 |
Scilex Holding Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=SCLX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "SCLX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=SCLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();