Viking Therapeutics (VKTX) Operating Expenses (2014 - 2026)
Viking Therapeutics' (VKTX) quarterly Operating Expenses came in at $164.1 million in Q1 2026, up 195.89% year-on-year from $55.5 million in Q1 2025, and little changed quarter-over-quarter from $164.7 million in Q4 2025.
Viking Therapeutics (VKTX) Operating Expenses (2014 - 2026) Analysis & Trends
Viking Therapeutics has disclosed Operating Expenses across 13 years of filings, most recently posting $164.1 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $164.1 million, up 195.89% year-over-year; the trailing twelve-month figure through Mar 2026 was $502.0 million (up 191.32% YoY), and the FY2025 annual result was $393.3 million, up 160.63% from the prior year.
- Operating Expenses came in at $164.1 million for Q1 2026 at Viking Therapeutics, roughly flat 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.
- The 5-year median for Operating Expenses is $34.1 million (2024), against an average of $51.7 million.
- Across the five-year window, Operating Expenses increased 13.45% in 2022 and jumped 256.28% in 2025, its largest moves.
- Viking Therapeutics' Operating Expenses stood at $20.3 million in 2022, then surged by 44.38% to $29.3 million in 2023, then jumped by 57.89% to $46.2 million in 2024, then surged by 256.28% to $164.7 million in 2025, then slipped by 0.37% to $164.1 million in 2026.
- The last three Operating Expenses figures came in at $164.1 million (Q1 2026), $164.7 million (Q4 2025), and $98.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | 4.33 Mn |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | 32.68 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | 2.97 Mn |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -138.30 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -3.82 Mn |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 15.76 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | 574,669.00 |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 1.85 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -67.40 Mn |
| 10 | Viking Therapeutics | 3.50 Bn | 3.50 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 |