Silence Therapeutics (SLN) Operating Expenses (2024 - 2026)
Silence Therapeutics (SLN) posted Operating Expenses of $16.1 million for Q1 2026, up 272.42% sequentially from $4.3 million in Q4 2025, and up 13245.45% YoY from N/an in Q1 2025.
Analysis
Silence Therapeutics (SLN) Operating Expenses (2024 - 2026) Analysis & Trends
Silence Therapeutics has reported Operating Expenses for 3 years, with the latest figure at $16.1 million in Q1 2026.
- Quarterly Operating Expenses rose 13245.45% year-over-year to $16.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $42.8 million (down 15.95% YoY) and the FY2025 annual result came in at $28.5 million, up 250.95% from the prior year.
- Operating Expenses improved to $16.1 million in Q1 2026 per SLN's latest filing, from $4.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at $45.7 million in Q4 2024 and troughed at -$3.9 million in Q2 2024.
- A 3-year average of $10.0 million and a median of $4.3 million in 2025 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2025 and 2026: Operating Expenses sank 90.51% in 2025, then surged 13245.45% in 2026.
- Over 3 years, Operating Expenses stood at $45.7 million in 2024, then tumbled by 90.51% to $4.3 million in 2025, then surged by 272.42% to $16.1 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $16.1 million, $4.3 million, and $18.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn | 2.09 Bn |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | 3.00 Bn |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn | -1.05 Bn |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn | 960.00 Mn |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - | 505.13 Mn |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn | 1.21 Bn |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn | 1.06 Bn |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - | 541.02 Mn |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | 427.03 Mn |
| 10 | Silence Therapeutics | 690.60 Mn | 618.50 Mn | - | 13.87 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.87 Mn |
| Mar 31, 2026 | 16.15 Mn |
| Dec 31, 2025 | 12.48 Mn |
| Sep 30, 2025 | 26.34 Mn |
| Jun 30, 2025 | 3.38 Mn |
| Mar 31, 2025 | 121,000.00 |
| Dec 31, 2024 | 27.62 Mn |
| Sep 30, 2024 | 27.86 Mn |
| Jun 30, 2024 | -3.86 Mn |
| Mar 31, 2024 | -3.51 Mn |