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
DateValue
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