Theravance Biopharma (TBPH) Operating Expenses (2013 - 2026)
Theravance Biopharma (TBPH) posted quarterly Operating Expenses of $27.2 million for Q1 2026, down 8.85% year-over-year from $29.8 million in Q1 2025, and up 5.03% quarter-over-quarter from $25.9 million in Q4 2025.
Analysis
Theravance Biopharma (TBPH) Operating Expenses (2013 - 2026) Analysis & Trends
Theravance Biopharma (TBPH) has reported Operating Expenses for 14 consecutive years, with $27.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 8.85% year-over-year to $27.2 million; the TTM figure through Mar 2026 stood at $108.4 million (down 6.08% YoY), while the FY2025 annual figure was $111.1 million, changed 0.24% from the prior year.
- Operating Expenses climbed to $27.2 million in Q1 2026 per TBPH's latest filing, from $25.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at $51.7 million in Q1 2022 and bottomed at $21.6 million in Q3 2022.
- Historically, Operating Expenses has averaged $29.8 million across 5 years, with a median of $28.0 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses sank 67.68% — and 2024, when it increased 17.43%.
- Theravance Biopharma's Operating Expenses stood at $32.1 million in 2022, then decreased by 25.8% to $23.8 million in 2023, then climbed by 17.43% to $28.0 million in 2024, then dropped by 7.42% to $25.9 million in 2025, then advanced by 5.03% to $27.2 million in 2026.
- Business Quant data shows TBPH's Operating Expenses at $27.2 million in Q1 2026, $25.9 million in Q4 2025, and $26.4 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.51 Bn | 130.66 Bn | 2.84 Bn | 2.09 Bn |
| 2 | Regeneron Pharmaceuticals | 85.24 Bn | 77.25 Bn | 3.93 Bn | 3.00 Bn |
| 3 | Argenx Se | 63.46 Bn | 58.28 Bn | 1.37 Bn | -1.05 Bn |
| 4 | Moderna | 57.89 Bn | 52.75 Bn | 52.00 Mn | 960.00 Mn |
| 5 | Revolution Medicines | 44.02 Bn | 44.02 Bn | - | 505.13 Mn |
| 6 | BeOne Medicines | 39.95 Bn | 34.85 Bn | 1.53 Bn | 1.21 Bn |
| 7 | Alnylam Pharmaceuticals | 35.49 Bn | 32.19 Bn | 992.69 Mn | 1.06 Bn |
| 8 | Royalty Pharma | 28.43 Bn | 27.59 Bn | - | 541.02 Mn |
| 9 | Insmed | 27.39 Bn | 26.22 Bn | 358.27 Mn | 427.03 Mn |
| 10 | Theravance Biopharma | 882.21 Mn | 494.56 Mn | - | 29.01 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.01 Mn |
| Mar 31, 2026 | 27.18 Mn |
| Dec 31, 2025 | 25.88 Mn |
| Sep 30, 2025 | 26.45 Mn |
| Jun 30, 2025 | 28.92 Mn |
| Mar 31, 2025 | 29.82 Mn |
| Dec 31, 2024 | 27.95 Mn |
| Sep 30, 2024 | 27.71 Mn |
| Jun 30, 2024 | 29.96 Mn |
| Mar 31, 2024 | 25.71 Mn |
| Dec 31, 2023 | 23.81 Mn |
| Sep 30, 2023 | 24.45 Mn |
| Jun 30, 2023 | 29.87 Mn |
| Mar 31, 2023 | 35.33 Mn |
| Dec 31, 2022 | 32.08 Mn |
| Sep 30, 2022 | 21.60 Mn |
| Jun 30, 2022 | 37.93 Mn |
| Mar 31, 2022 | 51.70 Mn |
| Dec 31, 2021 | 71.11 Mn |
| Sep 30, 2021 | 66.81 Mn |