Vaccinex, Inc. (VCNX) Operating Expenses (2017 - 2024)
Vaccinex (VCNX) recorded Operating Expenses of $3.6 million in Q4 2024, down 27.8% from $4.99 million a year earlier and down 21.8% from the prior quarter.
Vaccinex, Inc. (VCNX) Operating Expenses (2017 - 2024) Analysis & Trends
For FY2024, Vaccinex reported Operating Expenses of $19.34 million, down 17.6% from FY2023.
- Annual Operating Expenses has a five-year compound annual growth rate of -9.9% (FY2019 to FY2024).
- Across earlier years, Operating Expenses came in at $23.46 million in FY2023 (+16.2%), $20.18 million in FY2022 (-13.7%), $23.39 million in FY2021 (-19.2%) and $28.96 million in FY2020 (-11.0%).
- The Q4 2024 figure is the lowest quarterly Operating Expenses in data going back to Q2 2017.
- On a year-over-year basis, Operating Expenses has declined for five consecutive quarters, with an average decline of 0.7% over the last eight quarters.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 31.0% in Q2 2023, against a decline of 44.5% in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $4.6 million (Q3 2024), $5.95 million (Q2 2024) and $5.18 million (Q1 2024).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 3.60 Mn |
| Sep 30, 2024 | 4.60 Mn |
| Jun 30, 2024 | 5.95 Mn |
| Mar 31, 2024 | 5.18 Mn |
| Dec 31, 2023 | 4.99 Mn |
| Sep 30, 2023 | 5.85 Mn |
| Jun 30, 2023 | 7.08 Mn |
| Mar 31, 2023 | 5.54 Mn |
| Dec 31, 2022 | 5.34 Mn |
| Sep 30, 2022 | 4.84 Mn |
| Jun 30, 2022 | 5.40 Mn |
| Mar 31, 2022 | 4.59 Mn |
| Dec 31, 2021 | 5.52 Mn |
| Sep 30, 2021 | 5.11 Mn |
| Jun 30, 2021 | 5.67 Mn |
| Mar 31, 2021 | 7.09 Mn |
| Dec 31, 2020 | 6.09 Mn |
| Sep 30, 2020 | 9.21 Mn |
| Jun 30, 2020 | 6.50 Mn |
| Mar 31, 2020 | 7.16 Mn |
Vaccinex, Inc. Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=VCNX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "VCNX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=VCNX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();