Sarepta Therapeutics (SRPT) Operating Expenses (2010 - 2026)
Sarepta Therapeutics' (SRPT) quarterly Operating Expenses came in at $372.4 million in Q1 2026, down 64.37% year-on-year from $1.0 billion in Q1 2025, and down 56.42% quarter-over-quarter from $854.5 million in Q4 2025.
Sarepta Therapeutics (SRPT) Operating Expenses (2010 - 2026) Analysis & Trends
Sarepta Therapeutics' Operating Expenses history runs 17 years deep, the most recent figure standing at $372.4 million for Q1 2026.
- On a quarterly basis, Operating Expenses fell 64.37% year-over-year to $372.4 million in Q1 2026; TTM through Mar 2026 was $2.2 billion, a 5.34% decrease from a year earlier, with the FY2025 full-year figure at $2.9 billion, up 72.1% from the prior year.
- Operating Expenses eased to $372.4 million in Q1 2026 per SRPT's latest filing, from $854.5 million in the prior quarter.
- Across five years, Operating Expenses topped out at $1.0 billion in Q1 2025 and bottomed at $297.7 million in Q1 2022.
- The 5-year median for Operating Expenses is $391.6 million (2023), against an average of $466.7 million.
- Across the five-year window, Operating Expenses soared 176.11% in 2025 and tumbled 64.37% in 2026, its largest moves.
- Year by year, Operating Expenses stood at $365.3 million in 2022, then advanced by 1.89% to $372.2 million in 2023, then soared by 33.47% to $496.7 million in 2024, then surged by 72.03% to $854.5 million in 2025, then slumped by 56.42% to $372.4 million in 2026.
- Per Business Quant, the three latest SRPT Operating Expenses figures stand at $372.4 million (Q1 2026), $854.5 million (Q4 2025), and $502.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | -28.01 Mn |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 1.10 Bn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | -3.78 Mn |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 1.85 Bn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 2.96 Bn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | 32.68 Mn |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 2.89 Bn |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | 445.22 Mn |
| 10 | Sarepta Therapeutics | 1.69 Bn | 1.28 Bn | 622.04 Mn | 372.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 372.37 Mn |
| Dec 31, 2025 | 854.52 Mn |
| Sep 30, 2025 | 502.75 Mn |
| Jun 30, 2025 | 495.51 Mn |
| Mar 31, 2025 | 1.05 Bn |
| Dec 31, 2024 | 496.73 Mn |
| Sep 30, 2024 | 444.98 Mn |
| Jun 30, 2024 | 363.63 Mn |
| Mar 31, 2024 | 378.56 Mn |
| Dec 31, 2023 | 372.16 Mn |
| Sep 30, 2023 | 352.66 Mn |
| Jun 30, 2023 | 394.76 Mn |
| Mar 31, 2023 | 391.59 Mn |
| Dec 31, 2022 | 365.26 Mn |
| Sep 30, 2022 | 361.62 Mn |
| Jun 30, 2022 | 444.62 Mn |
| Mar 31, 2022 | 297.71 Mn |
| Dec 31, 2021 | 307.27 Mn |
| Sep 30, 2021 | 223.86 Mn |
| Jun 30, 2021 | 331.66 Mn |