Veru VERU
NASDAQ VERU
$2.65 +0.08 (+2.90%)
As of: Aug 21, 2026 · 1:26 PM EDT

Veru (VERU) Operating Expenses (2012 - 2024)

Veru (VERU) posted quarterly Operating Expenses of $11.1 million for Q3 2024, up 3.45% year-over-year from $10.7 million in Q4 2023, and down 10.49% quarter-over-quarter from $12.4 million in Q2 2024.

Veru (VERU) Operating Expenses (2012 - 2024) Analysis & Trends

Veru (VERU) has reported Operating Expenses for 13 consecutive years, with $11.1 million the latest figure, recorded in Q3 2024.

  • In Q3 2024, Operating Expenses rose 3.45% year-over-year to $11.1 million; the TTM figure through Jun 2025 stood at $11.1 million (down 74.58% YoY), while the FY2024 annual figure was $44.0 million, down 58.91% from the prior year.
  • Operating Expenses declined to $11.1 million in Q3 2024 per VERU's latest filing, from $12.4 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $45.4 million in Q3 2022 and bottomed at $6.7 million in Q3 2020.
  • Historically, Operating Expenses has averaged $17.9 million across 5 years, with a median of $12.4 million in 2024.
  • Annual changes were most pronounced in 2022 — Operating Expenses soared 220.46% — and 2023, when it slumped 76.42%.
  • Veru's Operating Expenses stood at $10.1 million in 2020, then soared by 67.05% to $16.8 million in 2021, then jumped by 127.07% to $38.2 million in 2022, then plunged by 73.92% to $10.0 million in 2023, then increased by 11.41% to $11.1 million in 2024.
  • Business Quant data shows VERU's Operating Expenses at $11.1 million in Q3 2024, $12.4 million in Q2 2024, and $10.6 million in Q1 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Vertex Pharmaceuticals 139.35 Bn 131.49 Bn 2.84 Bn 2.09 Bn
2 Regeneron Pharmaceuticals 86.24 Bn 78.25 Bn 3.93 Bn 3.00 Bn
3 Argenx Se 65.26 Bn 60.08 Bn 1.37 Bn 2.89 Bn
4 Moderna 58.83 Bn 53.69 Bn 52.00 Mn 960.00 Mn
5 BeOne Medicines 42.10 Bn 37.00 Bn 1.53 Bn 1.21 Bn
6 Alnylam Pharmaceuticals 31.68 Bn 28.37 Bn 992.69 Mn 1.06 Bn
7 BioNTech SE 27.95 Bn 9.56 Bn 668.28 Mn -784.57 Mn
8 Insmed 27.50 Bn 26.34 Bn 358.27 Mn 427.03 Mn
9 Royalty Pharma 27.27 Bn 26.44 Bn - 541.02 Mn
10 Veru 61.31 Mn 35.52 Mn - -

Historic Data

Download Data
DateValue
Sep 30, 2024 11.09 Mn
Jun 30, 2024 12.39 Mn
Mar 31, 2024 10.57 Mn
Dec 31, 2023 9.95 Mn
Sep 30, 2023 10.72 Mn
Jun 30, 2023 19.69 Mn
Mar 31, 2023 38.51 Mn
Dec 31, 2022 38.16 Mn
Sep 30, 2022 45.44 Mn
Jun 30, 2022 28.89 Mn
Mar 31, 2022 22.94 Mn
Dec 31, 2021 16.80 Mn
Sep 30, 2021 14.18 Mn
Jun 30, 2021 16.74 Mn
Mar 31, 2021 12.38 Mn
Dec 31, 2020 10.06 Mn
Sep 30, 2020 6.73 Mn
Jun 30, 2020 7.91 Mn
Mar 31, 2020 7.74 Mn
Dec 31, 2019 9.05 Mn