Trevi Therapeutics (TRVI) Operating Expenses (2018 - 2025)
Trevi Therapeutics' quarterly Operating Expenses came in at $10.2 million in Q4 2025, down 16.52% year-on-year from $12.2 million in Q4 2024, and down 26.56% quarter-over-quarter from $13.9 million in Q3 2025.
Trevi Therapeutics has reported Operating Expenses for 8 years, with the latest figure at $10.2 million in Q4 2025.
- For the quarter ending Q4 2025, Operating Expenses fell 16.52% year-over-year to $10.2 million; the trailing twelve-month figure through Mar 2026 stood at $37.9 million (down 4.44% YoY), and the FY2025 full-year result was $49.3 million, down 4.26% from the prior year.
- Operating Expenses for Q4 2025 stood at $10.2 million, down from $13.9 million in the prior quarter.
- The five-year high for Operating Expenses was $14.1 million in Q3 2024, with the low at $6.7 million in Q4 2022.
- Average Operating Expenses over 5 years is $9.8 million, with a median of $8.9 million recorded in 2023.
- Year-over-year, Operating Expenses dropped 19.53% in 2022 and soared 58.54% in 2024.
- Tracing TRVI's Operating Expenses over 5 years: stood at $8.3 million in 2021, then dropped by 19.53% to $6.7 million in 2022, then jumped by 34.19% to $8.9 million in 2023, then jumped by 37.05% to $12.2 million in 2024, then dropped by 16.52% to $10.2 million in 2025.
- The last three Operating Expenses figures came in at $10.2 million (Q4 2025), $13.9 million (Q3 2025), and $13.7 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Quantum Biopharma | 961,148.99 Bn | 961,148.98 Bn | - | 2.97 Mn |
| 2 | Alterity Therapeutics | 744,933.29 Bn | 744,933.26 Bn | - | 4.33 Mn |
| 3 | Legend Biotech | 2,540.00 Bn | 2,539.71 Bn | 242.10 Mn | -138.30 Mn |
| 4 | Nanobiotix | 2,199.85 Bn | 2,199.78 Bn | - | - |
| 5 | Akari Therapeutics | 1,635.88 Bn | 1,635.88 Bn | - | 15.76 Mn |
| 6 | Vertex Pharmaceuticals | 111.32 Bn | 104.07 Bn | 2.59 Bn | 1.85 Bn |
| 7 | Evaxion A | 62.56 Bn | 62.54 Bn | - | -3.82 Mn |
| 8 | Regeneron Pharmaceuticals | 62.55 Bn | 53.79 Bn | 3.31 Bn | 2.96 Bn |
| 9 | Alnylam Pharmaceuticals | 39.57 Bn | 36.56 Bn | 959.66 Mn | 898.54 Mn |
| 10 | Trevi Therapeutics | 2.02 Bn | 1.85 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 10.22 Mn |
| Sep 30, 2025 | 13.92 Mn |
| Jun 30, 2025 | 13.72 Mn |
| Dec 31, 2024 | 12.24 Mn |
| Sep 30, 2024 | 14.09 Mn |
| Jun 30, 2024 | 13.29 Mn |
| Mar 31, 2024 | 11.91 Mn |
| Dec 31, 2023 | 8.93 Mn |
| Sep 30, 2023 | 9.05 Mn |
| Jun 30, 2023 | 8.38 Mn |
| Mar 31, 2023 | 7.56 Mn |
| Dec 31, 2022 | 6.66 Mn |
| Sep 30, 2022 | 8.41 Mn |
| Jun 30, 2022 | 7.82 Mn |
| Mar 31, 2022 | 7.03 Mn |
| Dec 31, 2021 | 8.27 Mn |
| Sep 30, 2021 | 6.95 Mn |
| Jun 30, 2021 | 9.17 Mn |
| Mar 31, 2021 | 8.09 Mn |
| Dec 31, 2020 | 9.19 Mn |
| Sep 30, 2020 | 7.24 Mn |
| Jun 30, 2020 | 7.41 Mn |
| Mar 31, 2020 | 8.64 Mn |
| Dec 31, 2019 | 6.77 Mn |
| Sep 30, 2019 | 7.65 Mn |
| Jun 30, 2019 | 7.42 Mn |
| Mar 31, 2019 | 4.81 Mn |
| Dec 31, 2018 | 5.93 Mn |
| Sep 30, 2018 | 4.96 Mn |
| Jun 30, 2018 | 4.38 Mn |
| Mar 31, 2018 | 3.14 Mn |