Supernus Pharmaceuticals (SUPN) Operating Expenses (2011 - 2025)
Supernus Pharmaceuticals (SUPN) reported Operating Expenses of $215.5 million for Q4 2025, up 41.08% year-over-year from $152.8 million in Q4 2024, and down 14.59% quarter-over-quarter from $252.3 million in Q3 2025.
Supernus Pharmaceuticals (SUPN) Operating Expenses (2011 - 2025) Analysis & Trends
Supernus Pharmaceuticals (SUPN) has 15 years of Operating Expenses data on file, last reported at $215.5 million in Q4 2025.
- Operating Expenses for Q4 2025 came in at $215.5 million, up 41.08% year-over-year; the trailing twelve-month figure through Mar 2026 was $621.2 million (up 4.67% YoY), and the FY2025 annual result was $781.2 million, up 34.66% from the prior year.
- Operating Expenses fell to $215.5 million in Q4 2025 per SUPN's latest filing, from $252.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at $252.3 million in Q3 2025 and troughed at $107.2 million in Q2 2021.
- A 5-year average of $154.5 million and a median of $151.6 million in 2022 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses fell 18.52% in 2023, then surged 87.13% in 2025.
- A 5-year view of Operating Expenses shows it stood at $153.0 million in 2021, then retreated by 13.05% to $133.0 million in 2022, then increased by 24.3% to $165.3 million in 2023, then slipped by 7.6% to $152.8 million in 2024, then surged by 41.08% to $215.5 million in 2025.
- Business Quant data shows SUPN's Operating Expenses at $215.5 million in Q4 2025, $252.3 million in Q3 2025, and $153.3 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 38.34 Bn | 34.60 Bn | 1.97 Bn | 526.00 Mn |
| 2 | Zoetis | 33.27 Bn | 31.33 Bn | 1.62 Bn | 788.00 Mn |
| 3 | United Therapeutics | 23.75 Bn | 21.60 Bn | 648.10 Mn | 455.70 Mn |
| 4 | Aurora Cannabis | 17.11 Bn | 17.03 Bn | 33.43 Mn | 19.40 Mn |
| 5 | Neurocrine Biosciences | 16.37 Bn | 15.05 Bn | 800.70 Mn | 621.10 Mn |
| 6 | Elanco Animal Health | 11.78 Bn | 11.35 Bn | 785.00 Mn | 478.00 Mn |
| 7 | Alkermes | 7.05 Bn | 6.54 Bn | -116.06 Mn | 441.19 Mn |
| 8 | Lantheus Holdings | 6.49 Bn | 5.99 Bn | 230.92 Mn | 96.91 Mn |
| 9 | Hims & Hers Health | 6.19 Bn | 5.44 Bn | 396.79 Mn | 475.11 Mn |
| 10 | Supernus Pharmaceuticals | 2.57 Bn | 2.19 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 215.51 Mn |
| Sep 30, 2025 | 252.33 Mn |
| Jun 30, 2025 | 153.31 Mn |
| Mar 31, 2025 | 160.08 Mn |
| Dec 31, 2024 | 152.75 Mn |
| Sep 30, 2024 | 134.84 Mn |
| Jun 30, 2024 | 145.76 Mn |
| Mar 31, 2024 | 146.80 Mn |
| Dec 31, 2023 | 165.31 Mn |
| Sep 30, 2023 | 145.74 Mn |
| Jun 30, 2023 | 153.15 Mn |
| Mar 31, 2023 | 148.59 Mn |
| Dec 31, 2022 | 132.99 Mn |
| Sep 30, 2022 | 178.88 Mn |
| Jun 30, 2022 | 158.71 Mn |
| Mar 31, 2022 | 150.54 Mn |
| Dec 31, 2021 | 152.95 Mn |
| Sep 30, 2021 | 115.86 Mn |
| Jun 30, 2021 | 107.22 Mn |
| Mar 31, 2021 | 117.72 Mn |