Tonix Pharmaceuticals Holding (TNXP) Operating Expenses (2011 - 2026)
Tonix Pharmaceuticals Holding (TNXP) posted Operating Expenses of $56.1 million for Q2 2026, up 15.83% on a QoQ basis from $48.4 million in Q1 2026, and up 85.12% year-over-year from $30.3 million in Q2 2025.
Analysis
Tonix Pharmaceuticals Holding (TNXP) Operating Expenses (2011 - 2026) Analysis & Trends
Tonix Pharmaceuticals Holding has reported Operating Expenses for 16 years, with the latest figure at $56.1 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 85.12% year-over-year to $56.1 million in Q2 2026; TTM through Jun 2026 was $194.5 million, a 110.95% increase from a year earlier, with the FY2025 full-year figure at $138.8 million, down 5.44% from the prior year.
- Operating Expenses was $56.1 million for Q2 2026 at Tonix Pharmaceuticals Holding, up from $48.4 million in the prior quarter.
- The five-year high for Operating Expenses was $79.5 million in Q2 2024, with the low at $18.4 million in Q3 2024.
- Average Operating Expenses over 5 years is $34.9 million, with a median of $30.7 million recorded in 2023.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses surged 174.2% in 2024, then slumped 61.91% in 2025.
- Over 5 years, Operating Expenses stood at $32.7 million in 2022, then fell by 4.95% to $31.1 million in 2023, then dropped by 19.44% to $25.1 million in 2024, then surged by 114.17% to $53.7 million in 2025, then climbed by 4.48% to $56.1 million in 2026.
- The last three Operating Expenses figures came in at $56.1 million (Q2 2026), $48.4 million (Q1 2026), and $53.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 663.08 Bn | 642.33 Bn | 17.26 Bn | 10.12 Bn |
| 2 | AbbVie | 453.04 Bn | 446.51 Bn | 12.70 Bn | 10.56 Bn |
| 3 | Merck | 370.87 Bn | 363.78 Bn | 12.21 Bn | 12.80 Bn |
| 4 | Novartis Ag | 305.29 Bn | 298.00 Bn | 11.24 Bn | -6.09 Bn |
| 5 | Pfizer | 162.10 Bn | 150.70 Bn | 10.94 Bn | 6.68 Bn |
| 6 | Sanofi | 53.95 Bn | 46.98 Bn | 10.79 Bn | -5.98 Bn |
| 7 | Revolution Medicines | 45.00 Bn | 45.00 Bn | - | 505.13 Mn |
| 8 | BeOne Medicines | 40.49 Bn | 35.39 Bn | 1.53 Bn | 1.21 Bn |
| 9 | Incyte | 25.47 Bn | 20.94 Bn | 1.57 Bn | 976.14 Mn |
| 10 | Tonix Pharmaceuticals Holding | 220.65 Mn | 220.65 Mn | 12.84 Mn | 56.08 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 56.08 Mn |
| Mar 31, 2026 | 48.42 Mn |
| Dec 31, 2025 | 53.68 Mn |
| Sep 30, 2025 | 36.36 Mn |
| Jun 30, 2025 | 30.29 Mn |
| Mar 31, 2025 | 18.48 Mn |
| Dec 31, 2024 | 25.06 Mn |
| Sep 30, 2024 | 18.38 Mn |
| Jun 30, 2024 | 79.52 Mn |
| Mar 31, 2024 | 23.83 Mn |
| Dec 31, 2023 | 31.11 Mn |
| Sep 30, 2023 | 32.14 Mn |
| Jun 30, 2023 | 29.00 Mn |
| Mar 31, 2023 | 33.90 Mn |
| Dec 31, 2022 | 32.73 Mn |
| Sep 30, 2022 | 29.59 Mn |
| Jun 30, 2022 | 23.34 Mn |
| Mar 31, 2022 | 26.44 Mn |
| Dec 31, 2021 | 29.48 Mn |
| Sep 30, 2021 | 18.54 Mn |