Valion Bio (VBIO) Operating Expenses (2021 - 2025)
Valion Bio (VBIO) posted Operating Expenses of $2.3 million for Q3 2025, up 17.61% on a QoQ basis from $2.0 million in Q2 2025, and up 58.51% year-over-year from $1.5 million in Q3 2024.
Analysis
Valion Bio (VBIO) Operating Expenses (2021 - 2025) Analysis & Trends
Valion Bio has reported Operating Expenses for 5 years, with the latest figure at $2.3 million in Q3 2025.
- On a quarterly basis, Operating Expenses rose 58.51% year-over-year to $2.3 million in Q3 2025; TTM through Sep 2025 was $7.1 million, a 6.87% increase from a year earlier, with the FY2024 full-year figure at $5.7 million, down 33.63% from the prior year.
- Operating Expenses was $2.3 million for Q3 2025 at Valion Bio, up from $2.0 million in the prior quarter.
- The five-year high for Operating Expenses was $3.1 million in Q2 2022, with the low at $1.0 million in Q2 2021.
- Average Operating Expenses over 5 years is $1.9 million, with a median of $2.0 million recorded in 2025.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses soared 207.53% in 2022, then plunged 44.69% in 2024.
- Over 5 years, Operating Expenses stood at $2.3 million in 2021, then climbed by 0.39% to $2.3 million in 2022, then retreated by 2.17% to $2.2 million in 2023, then slumped by 44.69% to $1.2 million in 2024, then soared by 87.94% to $2.3 million in 2025.
- The last three Operating Expenses figures came in at $2.3 million (Q3 2025), $2.0 million (Q2 2025), and $1.6 million (Q1 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Amgen | 206.44 Bn | 192.45 Bn | 7.24 Bn | 6.54 Bn |
| 2 | Gilead Sciences | 179.97 Bn | 176.79 Bn | 6.22 Bn | 18.20 Bn |
| 3 | Vertex Pharmaceuticals | 130.57 Bn | 122.72 Bn | 2.84 Bn | 2.09 Bn |
| 4 | Regeneron Pharmaceuticals | 81.63 Bn | 73.63 Bn | 3.93 Bn | 3.00 Bn |
| 5 | Argenx Se | 60.34 Bn | 55.16 Bn | 1.37 Bn | -1.05 Bn |
| 6 | Moderna | 54.37 Bn | 49.23 Bn | 52.00 Mn | 960.00 Mn |
| 7 | Alnylam Pharmaceuticals | 33.07 Bn | 29.76 Bn | 992.69 Mn | 1.06 Bn |
| 8 | Biogen | 31.84 Bn | 30.55 Bn | 1.96 Bn | 2.60 Bn |
| 9 | Roivant Sciences | 29.49 Bn | 29.49 Bn | 1.16 Mn | 367.83 Mn |
| 10 | Valion Bio | 298,792.01 | -1.90 Mn | -45,000.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 2.34 Mn |
| Jun 30, 2025 | 1.99 Mn |
| Mar 31, 2025 | 1.56 Mn |
| Dec 31, 2024 | 1.24 Mn |
| Sep 30, 2024 | 1.48 Mn |
| Jun 30, 2024 | 1.30 Mn |
| Mar 31, 2024 | 1.65 Mn |
| Dec 31, 2023 | 2.25 Mn |
| Sep 30, 2023 | 1.87 Mn |
| Jun 30, 2023 | 2.19 Mn |
| Mar 31, 2023 | 2.23 Mn |
| Dec 31, 2022 | 2.30 Mn |
| Sep 30, 2022 | 2.65 Mn |
| Jun 30, 2022 | 3.14 Mn |
| Mar 31, 2022 | 2.31 Mn |
| Dec 31, 2021 | 2.29 Mn |
| Sep 30, 2021 | 1.20 Mn |
| Jun 30, 2021 | 1.02 Mn |
| Mar 31, 2021 | 1.08 Mn |