Soleno Therapeutics (SLNO) Operating Expenses (2013 - 2026)
Soleno Therapeutics' (SLNO) quarterly Operating Expenses came in at $63.3 million in Q1 2026, up 38.44% year-on-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) Operating Expenses (2013 - 2026) Analysis & Trends
Soleno Therapeutics (SLNO) has 14 years of Operating Expenses data on file, last reported at $63.3 million in Q1 2026.
- On a quarterly basis, Operating Expenses rose 38.44% year-over-year to $63.3 million in Q1 2026; TTM through Mar 2026 was $198.6 million, a 5.41% decrease from a year earlier, with the FY2025 full-year figure at $181.0 million, down 3.56% from the prior year.
- Operating Expenses for Q1 2026 stood at $63.3 million, up from $52.2 million in the prior quarter.
- Over the last five years, Operating Expenses for SLNO reached as high as $80.2 million in Q3 2024 and fell as low as $5.6 million in Q4 2022.
- Historically, Operating Expenses has averaged $29.3 million across 5 years, with a median of $23.5 million in 2024.
- Across the five-year window, Operating Expenses jumped 672.61% in 2024 and sank 45.25% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $5.6 million in 2022, then surged by 147.95% to $13.9 million in 2023, then soared by 324.99% to $59.1 million in 2024, then retreated by 11.78% to $52.2 million in 2025, then advanced by 21.42% to $63.3 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $63.3 million in Q1 2026, $52.2 million in Q4 2025, and $43.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | -28.01 Mn |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | 15.76 Mn |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 1.10 Bn |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | 1.85 Bn |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 2.96 Bn |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | 32.68 Mn |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | -919.00 Mn |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | 445.22 Mn |
| 10 | Soleno Therapeutics | 874.25 Mn | 618.67 Mn | 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 |