Soleno Therapeutics (SLNO) Operating Expenses (2013 - 2026)
Soleno Therapeutics (SLNO) reported Operating Expenses of $63.3 million for Q1 2026, up 38.44% year-over-year from $45.7 million in Q1 2025, and up 21.42% on a QoQ basis from $52.2 million in Q4 2025.
Soleno Therapeutics (SLNO) has 14 years of Operating Expenses data on file, last reported at $63.3 million in Q1 2026.
- Quarterly Operating Expenses rose 38.44% year-over-year to $63.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $198.6 million (down 5.41% YoY) and the FY2025 annual result came in at $181.0 million, down 3.56% from the prior year.
- Operating Expenses grew to $63.3 million in Q1 2026 per SLNO's latest filing, from $52.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $80.2 million in Q3 2024 and bottomed at $5.6 million in Q4 2022.
- The 5-year median for Operating Expenses is $23.5 million (2024), against an average of $29.3 million.
- The widest annual swing landed in 2024, when Operating Expenses jumped 672.61%; it then sank 45.25% in 2025.
- Tracing SLNO's Operating Expenses over 5 years: stood at $5.6 million in 2022, then soared by 147.95% to $13.9 million in 2023, then jumped by 324.99% to $59.1 million in 2024, then decreased by 11.78% to $52.2 million in 2025, then climbed by 21.42% to $63.3 million in 2026.
- Per Business Quant, the three latest SLNO Operating Expenses figures stand at $63.3 million (Q1 2026), $52.2 million (Q4 2025), and $43.9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Quantum Biopharma | 1,216,509.61 Bn | 1,216,509.61 Bn | - | 2.97 Mn |
| 2 | Alterity Therapeutics | 764,224.41 Bn | 764,224.38 Bn | - | 4.33 Mn |
| 3 | Legend Biotech | 2,716.00 Bn | 2,715.71 Bn | 242.10 Mn | -138.30 Mn |
| 4 | Nanobiotix | 2,248.83 Bn | 2,248.77 Bn | - | - |
| 5 | Akari Therapeutics | 1,951.18 Bn | 1,951.17 Bn | - | 15.76 Mn |
| 6 | Vertex Pharmaceuticals | 113.69 Bn | 106.44 Bn | 2.59 Bn | 1.85 Bn |
| 7 | Evaxion A | 64.16 Bn | 64.14 Bn | - | -3.82 Mn |
| 8 | Regeneron Pharmaceuticals | 63.94 Bn | 55.18 Bn | 3.31 Bn | 2.96 Bn |
| 9 | Alnylam Pharmaceuticals | 40.13 Bn | 37.12 Bn | 959.66 Mn | 898.54 Mn |
| 10 | Soleno Therapeutics | 2.76 Bn | 2.51 Bn | 93.41 Mn | 63.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 63.33 Mn |
| Dec 31, 2025 | 52.15 Mn |
| Sep 30, 2025 | 43.91 Mn |
| Jun 30, 2025 | 39.18 Mn |
| Mar 31, 2025 | 45.74 Mn |
| Dec 31, 2024 | 59.12 Mn |
| Sep 30, 2024 | 80.21 Mn |
| Jun 30, 2024 | 24.87 Mn |
| Mar 31, 2024 | 23.48 Mn |
| Dec 31, 2023 | 13.91 Mn |
| Sep 30, 2023 | 10.38 Mn |
| Jun 30, 2023 | 8.62 Mn |
| Mar 31, 2023 | 8.47 Mn |
| Dec 31, 2022 | 5.61 Mn |
| Sep 30, 2022 | 6.24 Mn |
| Jun 30, 2022 | 6.78 Mn |
| Mar 31, 2022 | 5.77 Mn |
| Dec 31, 2021 | 3.00 Mn |
| Sep 30, 2021 | 8.29 Mn |
| Jun 30, 2021 | 11.09 Mn |
| Mar 31, 2021 | 9.16 Mn |
| Dec 31, 2020 | 7.96 Mn |
| Sep 30, 2020 | 7.86 Mn |
| Jun 30, 2020 | 11.19 Mn |
| Mar 31, 2020 | 9.28 Mn |
| Dec 31, 2019 | 6.75 Mn |
| Sep 30, 2019 | 6.13 Mn |
| Jun 30, 2019 | 5.62 Mn |
| Mar 31, 2019 | 4.98 Mn |
| Dec 31, 2018 | 3.54 Mn |
| Sep 30, 2018 | 3.88 Mn |
| Jun 30, 2018 | 3.41 Mn |
| Mar 31, 2018 | 3.48 Mn |
| Dec 31, 2017 | 5.20 Mn |
| Sep 30, 2017 | 2.63 Mn |
| Jun 30, 2017 | 2.97 Mn |
| Mar 31, 2017 | 1.37 Mn |
| Dec 31, 2016 | 1.83 Mn |
| Sep 30, 2016 | 1.97 Mn |
| Jun 30, 2016 | 2.25 Mn |
| Mar 31, 2016 | 4.25 Mn |
| Dec 31, 2015 | 3.49 Mn |
| Sep 30, 2015 | 3.37 Mn |
| Jun 30, 2015 | 3.12 Mn |
| Mar 31, 2015 | 2.43 Mn |
| Dec 31, 2014 | 1.85 Mn |
| Sep 30, 2014 | 1.32 Mn |
| Jun 30, 2014 | 1.31 Mn |
| Mar 31, 2014 | 684,000.00 |
| Dec 31, 2013 | 559,783.00 |
| Sep 30, 2013 | 993,000.00 |