Theravance Biopharma (TBPH) Operating Expenses (2013 - 2026)
Theravance Biopharma (TBPH) reported 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.
Theravance Biopharma (TBPH) Operating Expenses (2013 - 2026) Analysis & Trends
Theravance Biopharma (TBPH) has 14 years of Operating Expenses data on file, last reported at $27.2 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $27.2 million, down 8.85% year-over-year; the trailing twelve-month figure through Mar 2026 was $108.4 million (down 6.08% YoY), and the FY2025 annual result was $111.1 million, changed 0.24% from the prior year.
- Operating Expenses rose to $27.2 million in Q1 2026 per TBPH's latest filing, from $25.9 million in the prior quarter.
- Over five years, Operating Expenses peaked at $51.7 million in Q1 2022 and troughed at $21.6 million in Q3 2022.
- A 5-year average of $29.8 million and a median of $28.0 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses sank 67.68% in 2022, then increased 17.43% in 2024.
- A 5-year view of Operating Expenses shows it stood at $32.1 million in 2022, then retreated by 25.8% to $23.8 million in 2023, then advanced by 17.43% to $28.0 million in 2024, then slipped by 7.42% to $25.9 million in 2025, then gained 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 719,706.53 Bn | 719,706.50 Bn | - | 4.33 Mn |
| 2 | Belite Bio | 55,800.00 Bn | 55,800.00 Bn | - | 32.68 Mn |
| 3 | Quantum Biopharma | 18,182.30 Bn | 18,182.29 Bn | - | 2.97 Mn |
| 4 | Legend Biotech | 3,154.00 Bn | 3,153.71 Bn | 242.10 Mn | -138.30 Mn |
| 5 | Akari Therapeutics | 1,844.30 Bn | 1,844.29 Bn | - | 15.76 Mn |
| 6 | Evaxion A | 1,567.96 Bn | 1,567.94 Bn | - | -3.82 Mn |
| 7 | Psyence Biomedical | 251.43 Bn | 251.42 Bn | - | 574,669.00 |
| 8 | Vertex Pharmaceuticals | 112.56 Bn | 105.31 Bn | 2.59 Bn | 1.85 Bn |
| 9 | Abivax | 94.37 Bn | 94.37 Bn | - | -67.40 Mn |
| 10 | Theravance Biopharma | 835.85 Mn | 441.18 Mn | - | 27.18 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 77.02 Mn |