Viking Therapeutics (VKTX) Operating Expenses (2014 - 2026)
Viking Therapeutics (VKTX) reported Operating Expenses of $164.1 million for Q1 2026, up 195.89% on a YoY basis from $55.5 million in Q1 2025, and little changed sequentially from $164.7 million in Q4 2025.
Viking Therapeutics (VKTX) Operating Expenses (2014 - 2026) Analysis & Trends
Viking Therapeutics (VKTX) has 13 years of Operating Expenses data on file, last reported at $164.1 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 195.89% year-over-year to $164.1 million; the trailing twelve-month figure through Mar 2026 stood at $502.0 million (up 191.32% YoY), and the FY2025 full-year result was $393.3 million, up 160.63% from the prior year.
- Operating Expenses held at $164.1 million in Q1 2026, from $164.7 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $164.7 million in Q4 2025 to a low of $16.2 million in Q3 2022.
- A 5-year average of $51.7 million and a median of $34.1 million in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses increased 13.45% in 2022 and jumped 256.28% in 2025, its largest moves.
- Tracing VKTX's Operating Expenses over 5 years: stood at $20.3 million in 2022, then jumped by 44.38% to $29.3 million in 2023, then soared by 57.89% to $46.2 million in 2024, then jumped by 256.28% to $164.7 million in 2025, then decreased by 0.37% to $164.1 million in 2026.
- Business Quant data shows VKTX's Operating Expenses at $164.1 million in Q1 2026, $164.7 million in Q4 2025, and $98.6 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 | Viking Therapeutics | 4.09 Bn | 4.09 Bn | - | 164.13 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 164.13 Mn |
| Dec 31, 2025 | 164.74 Mn |
| Sep 30, 2025 | 98.56 Mn |
| Jun 30, 2025 | 74.57 Mn |
| Mar 31, 2025 | 55.47 Mn |
| Dec 31, 2024 | 46.24 Mn |
| Sep 30, 2024 | 36.56 Mn |
| Jun 30, 2024 | 34.05 Mn |
| Mar 31, 2024 | 34.07 Mn |
| Dec 31, 2023 | 29.29 Mn |
| Sep 30, 2023 | 27.27 Mn |
| Jun 30, 2023 | 23.74 Mn |
| Mar 31, 2023 | 20.54 Mn |
| Dec 31, 2022 | 20.28 Mn |
| Sep 30, 2022 | 16.20 Mn |
| Jun 30, 2022 | 17.63 Mn |
| Mar 31, 2022 | 16.25 Mn |
| Dec 31, 2021 | 12.51 Mn |
| Sep 30, 2021 | 13.40 Mn |
| Jun 30, 2021 | 15.54 Mn |