Viking Therapeutics (VKTX) Operating Expenses (2014 - 2026)
Viking Therapeutics (VKTX) posted Operating Expenses of $132.6 million for Q2 2026, down 19.21% sequentially from $164.1 million in Q1 2026, and up 77.81% YoY from $74.6 million in Q2 2025.
Analysis
Viking Therapeutics (VKTX) Operating Expenses (2014 - 2026) Analysis & Trends
Viking Therapeutics has reported Operating Expenses for 13 years, with the latest figure at $132.6 million in Q2 2026.
- Quarterly Operating Expenses rose 77.81% year-over-year to $132.6 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $560.0 million (up 163.12% YoY) and the FY2025 annual result came in at $393.3 million, up 160.63% from the prior year.
- Operating Expenses declined to $132.6 million in Q2 2026 per VKTX's latest filing, from $164.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $164.7 million in Q4 2025 and troughed at $16.2 million in Q3 2022.
- A 5-year average of $56.2 million and a median of $34.1 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses gained 13.45% in 2022, then soared 256.28% in 2025.
- Over 5 years, Operating Expenses 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 dropped by 19.51% to $132.6 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $132.6 million, $164.1 million, and $164.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.87 Bn | 131.01 Bn | 2.84 Bn | 2.09 Bn |
| 2 | Regeneron Pharmaceuticals | 85.57 Bn | 77.57 Bn | 3.93 Bn | 3.00 Bn |
| 3 | Argenx Se | 63.51 Bn | 58.32 Bn | 1.37 Bn | -1.05 Bn |
| 4 | Moderna | 58.19 Bn | 53.05 Bn | 52.00 Mn | 960.00 Mn |
| 5 | Revolution Medicines | 44.07 Bn | 44.07 Bn | - | 505.13 Mn |
| 6 | BeOne Medicines | 39.99 Bn | 34.89 Bn | 1.53 Bn | 1.21 Bn |
| 7 | Alnylam Pharmaceuticals | 35.38 Bn | 32.07 Bn | 992.69 Mn | 1.06 Bn |
| 8 | Royalty Pharma | 28.42 Bn | 27.58 Bn | - | 541.02 Mn |
| 9 | Insmed | 27.41 Bn | 26.25 Bn | 358.27 Mn | 427.03 Mn |
| 10 | Viking Therapeutics | 4.03 Bn | 4.03 Bn | - | 132.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 132.60 Mn |
| 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 |