Travere Therapeutics (TVTX) Operating Expenses (2011 - 2026)
Travere Therapeutics (TVTX) reported Operating Expenses of $164.1 million for Q1 2026, up 31.92% on a YoY basis from $124.4 million in Q1 2025, and up 1.23% quarter-over-quarter from $162.1 million in Q4 2025.
Travere Therapeutics (TVTX) Operating Expenses (2011 - 2026) Analysis & Trends
Travere Therapeutics has reported Operating Expenses for 16 years, with the latest figure at $164.1 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 31.92% year-over-year to $164.1 million; the trailing twelve-month figure through Mar 2026 stood at $593.3 million (up 18.46% YoY), and the FY2025 full-year result was $553.6 million, down 0.62% from the prior year.
- Operating Expenses for Q1 2026 stood at $164.1 million, up from $162.1 million in the prior quarter.
- The five-year high for Operating Expenses was $180.6 million in Q1 2024, with the low at $95.4 million in Q1 2022.
- Historically, Operating Expenses has averaged $131.6 million across 5 years, with a median of $128.3 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 149.85% — and 2025, when it plunged 31.12%.
- Travere Therapeutics' Operating Expenses stood at $116.0 million in 2022, then grew by 20.04% to $139.3 million in 2023, then retreated by 2.71% to $135.5 million in 2024, then grew by 19.62% to $162.1 million in 2025, then grew by 1.23% to $164.1 million in 2026.
- The last three Operating Expenses figures came in at $164.1 million (Q1 2026), $162.1 million (Q4 2025), and $139.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | 4.33 Mn |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | 32.68 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | 2.97 Mn |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -138.30 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -3.82 Mn |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 15.76 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | 574,669.00 |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 1.85 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -67.40 Mn |
| 10 | Travere Therapeutics | 5.07 Bn | 4.99 Bn | 102.38 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 |