Shattuck Labs (STTK) Operating Expenses (2019 - 2026)

Over the twelve months ended Jun 30, 2026, Shattuck Labs' Operating Expenses came in at $56.79 million, down 16.5% year-over-year; for FY2025, it came in at $52.51 million, down 39.1% from FY2024.

• Operating Expenses has declined for three consecutive years, though with a five-year compound annual growth rate of 2.3% (FY2020 to FY2025).
• By year, Operating Expenses came in at $86.29 million in FY2024 (-7.8%), $93.61 million in FY2023 (-10.0%), $103.98 million in FY2022 (+38.1%) and $75.29 million in FY2021 (+60.6%).
• The Q2 2026 figure ranks as the highest quarterly Operating Expenses since Q4 2024.
• Year over year, Operating Expenses gained in two of the last eight quarters, with an average decline of 18.9%.
• The high point for year-over-year Operating Expenses in five years was Q1 2022 (growth of 64.5%); the low point was Q2 2025 (a decline of 47.0%).
• Per Business Quant data, the three quarters before Q2 2026 came in at $15.55 million (Q1 2026), $13.37 million (Q4 2025) and $11.72 million (Q3 2025).