Trevi Therapeutics (TRVI) Operating Expenses (2018 - 2022)
Trevi Therapeutics (TRVI) posted quarterly Operating Expenses of $10.2 million for Q4 2025, down 16.52% year-over-year from $12.2 million in Q4 2024, and down 26.56% quarter-over-quarter from $13.9 million in Q3 2025.
Analysis
Trevi Therapeutics (TRVI) Operating Expenses (2018 - 2022) Analysis & Trends
Trevi Therapeutics' Operating Expenses history runs 8 years deep, the most recent figure standing at $10.2 million for Q4 2025.
- In Q4 2025, Operating Expenses fell 16.52% year-over-year to $10.2 million; the TTM figure through Mar 2026 stood at $37.9 million (down 4.44% YoY), while the FY2025 annual figure 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.
- The 5-year median for Operating Expenses is $8.9 million (2023), against an average of $9.8 million.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses retreated 19.53% in 2022, then soared 58.54% in 2024.
- Trevi Therapeutics' Operating Expenses stood at $8.3 million in 2021, then decreased by 19.53% to $6.7 million in 2022, then surged by 34.19% to $8.9 million in 2023, then surged by 37.05% to $12.2 million in 2024, then decreased by 16.52% to $10.2 million in 2025.
- Business Quant data shows TRVI's Operating Expenses at $10.2 million in Q4 2025, $13.9 million in Q3 2025, and $13.7 million in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn | 2.09 Bn |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn | 3.00 Bn |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn | -1.05 Bn |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn | 960.00 Mn |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - | 505.13 Mn |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn | 1.21 Bn |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn | 1.06 Bn |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - | 541.02 Mn |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn | 427.03 Mn |
| 10 | Trevi Therapeutics | 2.71 Bn | 2.71 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |