Spero Therapeutics (SPRO) Operating Expenses (2016 - 2026)
Spero Therapeutics (SPRO) reported Operating Expenses of $7.8 million for Q1 2026, down 62.16% on a YoY basis from $20.6 million in Q1 2025, and down 21.19% quarter-over-quarter from $9.9 million in Q4 2025.
Spero Therapeutics (SPRO) Operating Expenses (2016 - 2026) Analysis & Trends
Spero Therapeutics has reported Operating Expenses for 11 years, with the latest figure at $7.8 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 62.16% year-over-year to $7.8 million; the trailing twelve-month figure through Mar 2026 stood at $47.7 million (down 59.83% YoY), and the FY2025 full-year result was $60.5 million, down 50.15% from the prior year.
- Operating Expenses for Q1 2026 stood at $7.8 million, down from $9.9 million in the prior quarter.
- The five-year high for Operating Expenses was $36.8 million in Q4 2024, with the low at $7.8 million in Q1 2026.
- Historically, Operating Expenses has averaged $21.6 million across 5 years, with a median of $21.5 million in 2022.
- Annual changes were most pronounced in 2023 — Operating Expenses surged 98.03% — and 2025, when it sank 73.1%.
- Spero Therapeutics' Operating Expenses stood at $21.5 million in 2022, then gained by 6.85% to $23.0 million in 2023, then soared by 59.93% to $36.8 million in 2024, then slumped by 73.1% to $9.9 million in 2025, then fell by 21.19% to $7.8 million in 2026.
- The last three Operating Expenses figures came in at $7.8 million (Q1 2026), $9.9 million (Q4 2025), and $13.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | 4.33 Mn |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | 32.68 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | 2.97 Mn |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -138.30 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -3.82 Mn |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 15.76 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | 574,669.00 |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 1.85 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -67.40 Mn |
| 10 | Spero Therapeutics | 129.74 Mn | 73.61 Mn | - | 7.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.80 Mn |
| Dec 31, 2025 | 9.89 Mn |
| Sep 30, 2025 | 13.36 Mn |
| Jun 30, 2025 | 16.63 Mn |
| Mar 31, 2025 | 20.61 Mn |
| Dec 31, 2024 | 36.77 Mn |
| Sep 30, 2024 | 32.06 Mn |
| Jun 30, 2024 | 29.26 Mn |
| Mar 31, 2024 | 23.25 Mn |
| Dec 31, 2023 | 22.99 Mn |
| Sep 30, 2023 | 27.41 Mn |
| Jun 30, 2023 | 15.61 Mn |
| Mar 31, 2023 | 16.30 Mn |
| Dec 31, 2022 | 21.52 Mn |
| Sep 30, 2022 | 13.84 Mn |
| Jun 30, 2022 | 28.07 Mn |
| Mar 31, 2022 | 32.28 Mn |
| Dec 31, 2021 | 30.25 Mn |
| Sep 30, 2021 | 25.59 Mn |
| Jun 30, 2021 | 23.69 Mn |