Travere Therapeutics (TVTX) Operating Expenses (2011 - 2026)
Travere Therapeutics (TVTX) posted Operating Expenses of $164.1 million for Q1 2026, up 1.23% on a QoQ basis from $162.1 million in Q4 2025, and up 31.92% year-over-year from $124.4 million in Q1 2025.
Travere Therapeutics (TVTX) Operating Expenses (2011 - 2026) Analysis & Trends
Travere Therapeutics' Operating Expenses history runs 16 years deep, the most recent figure standing at $164.1 million for Q1 2026.
- Quarterly Operating Expenses rose 31.92% year-over-year to $164.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $593.3 million (up 18.46% YoY) and the FY2025 annual result came in at $553.6 million, down 0.62% from the prior year.
- Operating Expenses was $164.1 million for Q1 2026 at Travere Therapeutics, up from $162.1 million in the prior quarter.
- Across five years, Operating Expenses topped out at $180.6 million in Q1 2024 and bottomed at $95.4 million in Q1 2022.
- A 5-year average of $131.6 million and a median of $128.3 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 149.85% — and 2025, when it tumbled 31.12%.
- Travere Therapeutics' Operating Expenses stood at $116.0 million in 2022, then rose by 20.04% to $139.3 million in 2023, then slipped by 2.71% to $135.5 million in 2024, then rose by 19.62% to $162.1 million in 2025, then rose by 1.23% to $164.1 million in 2026.
- Business Quant data shows TVTX's Operating Expenses at $164.1 million in Q1 2026, $162.1 million in Q4 2025, and $139.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | -28.01 Mn |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 1.10 Bn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | -3.78 Mn |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 1.85 Bn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 2.96 Bn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | 32.68 Mn |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 2.89 Bn |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | 445.22 Mn |
| 10 | Travere Therapeutics | 5.21 Bn | 5.21 Bn | 125.25 Mn | 164.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 164.11 Mn |
| Dec 31, 2025 | 162.12 Mn |
| Sep 30, 2025 | 139.93 Mn |
| Jun 30, 2025 | 127.10 Mn |
| Mar 31, 2025 | 124.41 Mn |
| Dec 31, 2024 | 135.52 Mn |
| Sep 30, 2024 | 119.05 Mn |
| Jun 30, 2024 | 121.82 Mn |
| Mar 31, 2024 | 180.61 Mn |
| Dec 31, 2023 | 139.29 Mn |
| Sep 30, 2023 | 129.68 Mn |
| Jun 30, 2023 | 136.15 Mn |
| Mar 31, 2023 | 128.26 Mn |
| Dec 31, 2022 | 116.04 Mn |
| Sep 30, 2022 | 110.68 Mn |
| Jun 30, 2022 | 107.16 Mn |
| Mar 31, 2022 | 95.39 Mn |
| Dec 31, 2021 | 46.45 Mn |
| Sep 30, 2021 | 99.93 Mn |
| Jun 30, 2021 | 89.93 Mn |