Stoke Therapeutics (STOK) Operating Expenses (2018 - 2026)
Stoke Therapeutics (STOK) recorded quarterly Operating Expenses of $59.6 million in Q1 2026, up 138.27% quarter-over-quarter from -$155.9 million in Q4 2025, and up 26.03% on a YoY basis from $47.3 million in Q1 2025.
Stoke Therapeutics (STOK) Operating Expenses (2018 - 2026) Analysis & Trends
Stoke Therapeutics' Operating Expenses history runs 9 years deep, the most recent figure standing at $59.6 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 26.03% year-over-year to $59.6 million; the TTM figure through Mar 2026 stood at -$46.3 million (down 120.52% YoY), while the FY2025 annual figure was -$13.7 million, down 109.94% from the prior year.
- Operating Expenses was $59.6 million for Q1 2026 at Stoke Therapeutics, up from -$155.9 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $147.1 million in Q4 2024 to a low of -$155.9 million in Q4 2025.
- Historically, Operating Expenses has averaged $24.6 million across 5 years, with a median of $30.4 million in 2022.
- Biggest YoY gain for Operating Expenses was 2468.82% in 2025; the steepest drop was 205.93% in 2025.
- A 5-year view of Operating Expenses shows it stood at $30.4 million in 2022, then gained by 6.39% to $32.4 million in 2023, then soared by 354.33% to $147.1 million in 2024, then slumped by 205.93% to -$155.9 million in 2025, then soared by 138.27% to $59.6 million in 2026.
- The last three Operating Expenses figures came in at $59.6 million (Q1 2026), -$155.9 million (Q4 2025), and $53.7 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 | Stoke Therapeutics | 1.95 Bn | 1.95 Bn | - | 59.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 59.65 Mn |
| Dec 31, 2025 | -155.87 Mn |
| Sep 30, 2025 | 53.72 Mn |
| Jun 30, 2025 | -3.82 Mn |
| Mar 31, 2025 | 47.33 Mn |
| Dec 31, 2024 | 147.15 Mn |
| Sep 30, 2024 | 34.90 Mn |
| Jun 30, 2024 | -3.65 Mn |
| Mar 31, 2024 | -2.00 Mn |
| Dec 31, 2023 | 32.39 Mn |
| Sep 30, 2023 | 30.54 Mn |
| Jun 30, 2023 | 30.78 Mn |
| Mar 31, 2023 | 29.84 Mn |
| Dec 31, 2022 | 30.44 Mn |
| Sep 30, 2022 | 30.05 Mn |
| Jun 30, 2022 | 28.47 Mn |
| Mar 31, 2022 | 27.80 Mn |
| Dec 31, 2021 | 24.53 Mn |
| Sep 30, 2021 | 22.68 Mn |
| Jun 30, 2021 | 22.03 Mn |